.fl-calc-header { text-align: center; margin-bottom: 30px; }
.fl-calc-header h2 { color: #004a99; margin-bottom: 10px; font-size: 28px; }
.fl-calc-row { margin-bottom: 20px; }
.fl-calc-label { display: block; font-weight: 600; margin-bottom: 8px; color: #444; }
.fl-calc-input-wrap { position: relative; }
.fl-calc-input-wrap span { position: absolute; left: 12px; top: 10px; color: #666; font-weight: bold; }
.fl-calc-input { width: 100%; padding: 12px 12px 12px 25px; border: 2px solid #ced4da; border-radius: 5px; font-size: 18px; box-sizing: border-box; transition: border-color 0.3s; }
.fl-calc-input:focus { border-color: #004a99; outline: none; }
.fl-calc-btn { width: 100%; background-color: #004a99; color: white; padding: 15px; border: none; border-radius: 5px; font-size: 18px; font-weight: bold; cursor: pointer; transition: background 0.3s; margin-top: 10px; }
.fl-calc-btn:hover { background-color: #003366; }
.fl-calc-result-box { margin-top: 30px; padding: 20px; background-color: #e7f3ff; border-radius: 5px; border-left: 5px solid #004a99; display: none; }
.fl-calc-result-val { font-size: 24px; font-weight: bold; color: #004a99; }
.fl-calc-disclaimer { font-size: 12px; color: #777; margin-top: 20px; font-style: italic; }
.fl-article-section { margin-top: 40px; border-top: 1px solid #eee; pt: 30px; }
.fl-article-section h3 { color: #004a99; margin-top: 25px; }
.fl-article-section p { margin-bottom: 15px; }
.fl-table { width: 100%; border-collapse: collapse; margin: 15px 0; font-size: 14px; }
.fl-table th, .fl-table td { border: 1px solid #ddd; padding: 10px; text-align: left; }
.fl-table th { background-color: #f2f2f2; }
Note: Title insurance rates in Florida are state-regulated. This calculation is for the Owner's Title Policy premium and does not include endorsements, search fees, or settlement charges.
Understanding Florida Title Insurance Rates
In the State of Florida, title insurance premiums are "promulgated." This means the Florida Department of Financial Services sets the rates, and all title insurance companies are required by law to charge the same premium for the primary policy based on the purchase price. Unlike other closing costs, you cannot "shop around" for a lower base premium, though you can shop for lower settlement fees and related service charges.
How is the Florida Title Premium Calculated?
The premium is calculated using a tiered structure based on the property value (rounded up to the nearest $1,000):
| Purchase Price Range |
Rate per $1,000 |
| Up to $100,000 |
$5.75 |
| $100,001 to $1,000,000 |
$5.00 |
| $1,000,001 to $5,000,000 |
$2.50 |
| $5,000,001 to $10,000,000 |
$2.25 |
| Over $10,000,000 |
$2.00 |
Who Pays for Title Insurance in Florida?
The responsibility for paying the Owner's Title Insurance premium varies by county. This is a matter of local custom, though it is always negotiable in the sales contract:
- Seller Customary: In most Florida counties (including Orange, Duval, and Hillsborough), it is customary for the Seller to choose the title company and pay for the Owner's Policy.
- Buyer Customary: In Miami-Dade, Broward, Palm Beach, and Sarasota counties, it is customary for the Buyer to choose the title company and pay for the premium.
Real-World Example
If you purchase a home in Orlando for $350,000, the calculation works as follows:
- First $100,000: $575.00 (100 * $5.75)
- Remaining $250,000: $1,250.00 (250 * $5.00)
- Total Premium: $1,825.00
Additionally, if you are obtaining a mortgage, a "Simultaneous Issue" Lender's Policy is typically issued for a nominal fee (often $25.00) in addition to the Owner's Policy premium.
function calculateFloridaTitlePremium() {
var rawValue = document.getElementById('propertyValue').value;
var price = parseFloat(rawValue);
if (isNaN(price) || price <= 0) {
alert("Please enter a valid property purchase price.");
return;
}
// Florida rates apply to every $1,000 or fraction thereof
var units = Math.ceil(price / 1000);
var premium = 0;
if (units <= 100) {
// Up to $100,000
premium = units * 5.75;
} else if (units <= 1000) {
// $100,001 to $1,000,000
premium = (100 * 5.75) + ((units – 100) * 5.00);
} else if (units <= 5000) {
// $1,000,001 to $5,000,000
premium = (100 * 5.75) + (900 * 5.00) + ((units – 1000) * 2.50);
} else if (units <= 10000) {
// $5,000,001 to $10,000,000
premium = (100 * 5.75) + (900 * 5.00) + (4000 * 2.50) + ((units – 5000) * 2.25);
} else {
// Over $10,000,000
premium = (100 * 5.75) + (900 * 5.00) + (4000 * 2.50) + (5000 * 2.25) + ((units – 10000) * 2.00);
}
// Florida minimum premium is usually $100
if (premium < 100) {
premium = 100;
}
var formattedPremium = premium.toLocaleString('en-US', { style: 'currency', currency: 'USD' });
document.getElementById('premiumOutput').innerHTML = formattedPremium;
document.getElementById('resultBox').style.display = 'block';
// Smooth scroll to result
document.getElementById('resultBox').scrollIntoView({ behavior: 'smooth', block: 'nearest' });
}