Premium adjustment to residential title insurance policies effective October 1st, 2023
For several years we were able to hold premiums while enhancing our coverage, investing in our technology and offering new solutions to our lawyer customers, however, the increased cost of doing business now requires a modest adjustment to our title insurance premiums.
Starting October 1st, 2023, residential purchase transaction premiums will be increased by $20.00 and refinance transaction premiums will be increased by $10.00.
To assist with this adjustment, we’re pleased continue to offer our internal ID verification service at no cost when required by our underwriting team.
This premium adjustment allows us to continue to deliver even more value – from digital solutions designed to streamline efficiencies in your business, to the best-in-class service you’ve come to expect from us.
We appreciate your continued business and support. If you have any questions, please do not hesitate to call contact your dedicated Business Development Manager or call us toll-free at 1.866.804.3122.