The cost of Title insurance

In East Texas, it is normal for the seller to pay for the cost of title insurance in approximately 97% of all transactions. To determine the cost of your insurance (approx):

For policies (sales price) of $100,001 to $1,000,000:

1. Subtract $100,000 from the policy (sales Price) amount.
2. Multiply result by $.00534
3. Add $843 to the result

Thus for a $500,000 sales price: subtract $100,000. The result of $400,000 is multiplied by $.00534 = $2,136. $2,136 plus $843 = $2,979 is the cost of the title insurance.

For policies (sales price) of $1,000,001 to $5,000,000:

1. Subtract $1,000,000 from the policy (sales price) amount.
2. Multiply result by $.00439
3. Add 5,649 to the result.

Thus for a $3,000,000 sales price: subtract $1,000,000. The result of $2,000,000 is multiplied by $.00439 = $8,780. $8,780 plus $5,649 = $14,429 is the cost of the title insurance.

Do it the easy way. Look at the table below.

Policy Amount	Title Insurance Cost		Policy Amount	Title Insurance Cost
$100,000	$843		$2,300,000	$11,356
$200,000	$1,377		$2,400,000	$11,795
$300,000	$1,911		$2,500,000	$12,234
$400,000	$2,445		$2,600,000	$12,673
$500,000	$2,979		$2,700,000	$13,112
$600,000	$3,513		$2,800,000	$13,551
$700,000	$4,047		$2,900,000	$13,990
$800,000	$4,581		$3,000,000	$14,429
$900,000	$5,115		$3,100,000	$14,868
$1,000,000	$5,649		$3,200,000	$15,307
$1,100,000	$6,088		$3,300,000	$15,746
$1,200,000	$6,527		$3,400,000	$16,185
$1,300,000	$6,966		$3,500,000	$16,624
$1,400,000	$7,405		$3,600,000	$17,063
$1,500,000	$7,844		$3,700,000	$17,502
$1,600,000	$8,283		$3,800,000	$17,941
$1,700,000	$8,722		$3,900,000	$18,380
$1,800,000	$9,161		$4,000,000	$18,819
$1,900,000	$9,600		$4,100,000	$19,258
$2,000,000	$10,039		$4,200,000	$19,697
$2,100,000	$10,478		$4,300,000	$20,136
$2,200,000	$10,917		$4,400,000	$20,575