Filed title insurance rates appear to be the same on the surface with little difference. For example: Filed rates for a $400,000 Owner’s Title Insurance Policy in the Denver Metro Area, among 9 title insurance companies, ranges from $1576 to $1,683 (as of 10-16-2018), a difference of $107. However, most title insurance premiums are calculated from filed rates based on various available discounted rate programs ( i.e., short term, reissue, and refinance), which effectively and substantially can create a premium difference of $1,500 or more, depending on the applicable discount program and value of the home.
Never rely on someone’s recommendation to use a certain Title Company, who says “title insurance rates are regulated and basically the same”. See through the smoke and get a comparison quote to see the real difference.