Investors Title Insurance Rate Calculator
Estimate your title insurance premiums based on Investors Title Insurance Company standard rates.
*Disclaimer: These are estimates based on standard filed rates. Actual rates may vary by county, endorsements, and specific property search requirements.
Understanding Investors Title Insurance Rates
Title insurance is a critical component of the real estate closing process. Unlike other types of insurance that protect against future events, title insurance protects you and your lender against losses resulting from past events or defects in the property title. Investors Title Insurance Company provides various tiers of coverage to ensure your investment is secure.
How Rates are Calculated
Investors Title rates are typically calculated based on the "Purchase Price" for the Owner's Policy and the "Loan Amount" for the Lender's Policy. The calculation follows a sliding scale per $1,000 of coverage:
- $0 – $100,000: Approximately $2.50 per $1,000
- $100,001 – $500,000: Approximately $2.00 per $1,000
- $500,001 – $2,000,000: Approximately $1.50 per $1,000
- Over $2,000,000: Negotiated or specialized rates
Owner's vs. Lender's Policy
An Owner's Policy is usually purchased by the seller or buyer (depending on local custom) to protect the buyer's equity in the property. A Lender's Policy is required by most mortgage providers to protect their security interest in the property. When purchased together at the same time, this is called a "Simultaneous Issue," which significantly reduces the cost of the Lender's Policy, often to a flat fee of $25 or $100.
Example Calculation
If you are purchasing a home for $300,000 with a $250,000 loan:
- The first $100,000 of the Owner's Policy costs $250.
- The remaining $200,000 costs $400 ($2.00 x 200).
- Total Owner's Premium: $650.00.
- Because of simultaneous issue, the Lender's Policy is often just a minimal fee (e.g., $25.00).
Why Choose Investors Title?
Investors Title Insurance Company is known for its strong financial stability and efficient claims processing. By using an Investors Title Rate Calculator, you can accurately budget for your closing costs and ensure there are no surprises at the settlement table. Factors such as "Marketable Title Act" compliance and specific state endorsements can influence the final premium.