Florida Title Insurance Premium Calculation
FL title premium (Chapter 627: regulated rates): $5.75/$1,000 (first $100K), then $5.00/$1,000 (over $100K). Example: $500K = $2,575. Simultaneous: lender’s policy discounted. Additional costs: search fee, closing fee, endorsements, recording fees, and doc stamps ($0.70/$100 deeds). Premium: NOT negotiable (regulated). Fees: negotiable. Reissue discount (3 years). Selector: party who pays owner’s.
Premium Rate
- $5.75/$1,000 (first $100K)
- $5.00/$1,000 (over $100K)
- Simultaneous: lender’s discounted
Additional Costs
- Search, closing fee
- Endorsements, recording
- Doc stamps
Negotiation
- Premium: regulated, not negotiable
- Fees: negotiable
- Reissue discount available
Related Terms
- Title Insurance — Policies
Barnes Walker Real Estate
Barnes Walker’s attorneys advise on title insurance in Florida. Request a legal inquiry for assistance.
Florida Law Reference
Fla. Stat. § 627.7711
Regulates title insurance rates, forms, and practices in Florida. Title insurance premiums are promulgated by the Florida Office of Insurance Regulation.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC