Rates

In Florida, the state sets the rates.

Title insurance premiums are promulgated — set by the Florida Office of Insurance Regulation. Every licensed title agent in the state charges the same premium for the same sale price. Price isn't where firms differ; service is.

Current promulgated premium tiers

For an owner's policy, applied cumulatively across the purchase price.

Purchase-price band Rate Applied
Up to $100,000 $5.75 per $1,000
$100,001 – $1,000,000 $5.00 per additional $1,000
$1,000,001 – $5,000,000 $2.50 per additional $1,000
$5,000,001 – $10,000,000 $2.25 per additional $1,000
Above $10,000,000 $2.00 per additional $1,000

Rates per Rule 69O-186.003, Florida Administrative Code. Current as of this writing; subject to change by the State.

Sale price

$250,000

Owner's premium

$1,325.00

Sale price

$400,000

Owner's premium

$2,075.00

Sale price

$600,000

Owner's premium

$3,075.00

Sale price

$1,000,000

Owner's premium

$5,075.00

Simultaneous-issue discount

When an owner's policy and a lender's loan policy are issued in the same transaction, Florida rules may allow the lender's policy to be handled under simultaneous-issue rules rather than as a separate full premium. Exact charges depend on the file, policy amount, and underwriting requirements.

Reissue credit

If the property was previously insured on an owner's policy within the last three years, the buyer is typically entitled to a reissue credit — a discount of up to 40% off the owner's premium. Dig out your prior policy before closing; it can be worth hundreds or thousands.

Other typical closing costs

Premium is one line on the Closing Disclosure. Here's what else usually shows up on a Florida real-estate closing.

Cost Typically paid by Amount
Deed documentary stamps Seller (typical, except Miami-Dade) $0.70 per $100 of sale price
Mortgage documentary stamps Buyer (on new financing) $0.35 per $100 of loan
Intangible tax on new mortgage Buyer $0.002 × loan amount
Recording fees Buyer (deeds, mortgages) $10 first page + $8.50 each additional, per instrument
Title search Buyer (typical) Quoted per file
Closing / settlement fee Buyer (typical) Quoted per file
Survey Buyer (if required) Varies by surveyor
Wire / courier fees Per-transaction At cost

"Typically paid by" reflects common Florida practice; the parties can negotiate differently in the contract. Miami-Dade deed stamps follow a different formula on certain residential transactions.

Need a figure for a specific file?

Send us the sale price, loan amount, and county and we'll send back a full good-faith estimate of all closing costs — title premium, doc stamps, recording, survey, and our fees — the same day.