In Florida, your promulgated rate is calculated primarily in accordance with your property’s insurable value. If you obtain a title insurance policy pursuant to your purchase of property, the rate is determined by the purchase price of the property.
To calculate the promulgated rate for your property’s basic title insurance premium, which is the absolute minimum that your title insurance underwriter can charge you, use the following table:
Purchase Price Cost/Thousand $
$0-$100,000 $5.75
$100,000 – $1,000,000 $5.00
If the Purchase price of your property is greater than $1 Million dollars, please head over to our contact page and send us a message or give us a call, and we will be more than happy to help you with a quote for your insurance.