Pennsylvania Title Insurance Calculator
Estimate your closing costs based on current TIRBOP rating schedules.
*Rates are estimates based on TIRBOP Manual. Actual costs may vary based on endorsements and local government fees.
How Pennsylvania Title Insurance Rates Work
Unlike many other states where title insurance companies set their own prices, Pennsylvania is a "filed rate" state. This means all title insurance agencies must charge the same base premium for the same amount of coverage. These rates are governed by the Title Insurance Rating Bureau of Pennsylvania (TIRBOP).
The premium in PA is "all-inclusive," meaning it covers the cost of the title search, the title examination, and the insurance policy itself. However, it does not include extra endorsements, settlement fees, or government recording charges.
Standard vs. Enhanced Coverage in PA
When purchasing title insurance in Pennsylvania, you typically have two options for Owner's Title Insurance:
- Standard Coverage: Protects you against defects that occurred prior to your purchase, such as unknown liens, unpaid taxes, or forgery in the chain of title.
- Enhanced Coverage (Homeowner's Policy): Includes all standard protections plus additional coverage for post-policy issues, such as zoning violations, building permit issues, or encroachment problems that might arise after you close. In PA, this is typically 10% more expensive than the standard rate.
Calculation Example
If you are purchasing a home for $250,000 in Pennsylvania:
- The first $30,000 carries a minimum premium of $330.
- The next $70,000 is charged at $5.63 per thousand.
- The remaining $150,000 is charged at $4.43 per thousand.
- Estimated Standard Total: Approximately $1,389.
- Estimated Enhanced Total: Approximately $1,528.
When Do Reissue Rates Apply?
A "Reissue Rate" is a discounted premium (usually 80% of the standard rate) available when the seller has a title insurance policy that is less than 10 years old. If you are refinancing your home, you may qualify for a "Refinance Rate," which is roughly 70% of the standard rate, provided the previous policy was issued within a certain timeframe.