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Why is title insurance so expensive?

Updated: 9/16/2023
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11y ago

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Actually, considering that owner's policies provide a lifetime of coverage (in terms of defense of title), title insurance is relatively inexpensive. Of course, I don't know what State you are in, and the rates do vary from State to State. Some States' rates are regulated and set by statute, while other States allow agents and customers to negotiate the final rate.

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11y ago
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