Florida title insurance calculator — the promulgated rates

Florida is a promulgated-rate state: the title insurance risk premium is set by rule (Fla. Admin. Code R. 69O-186.003, unchanged since 1/27/2002) — every insurer charges the same premium for the same policy. This calculator applies the rule's own bracket table and its exact rounding. Runs in your browser; nothing you enter is collected.

The rate table, straight from the rule

• Original rates (Fla. Admin. Code R. 69O-186.003(1)): $5.75 per $1,000 up to $100,000 of liability; $5.00 per $1,000 from $100,000 to $1 million; $2.50 to $5 million; $2.25 to $10 million; $2.00 above. Minimum premium $100. Owner's and lender's original tables are identical in the rule.
• Reissue rates (rule (2)): $3.30 per $1,000 up to $100,000; $3.00 to $1 million; $2.00 to $10 million; $1.50 above — roughly forty percent off the original schedule up to the prior policy's amount, with any excess at original rates.
• Simultaneous issue (rule (5)(a)): buying with a mortgage? The lender's policy issued together with the owner's costs a minimum of $25 for coverage up to the owner's amount — the excess, if the loan exceeds the price, is charged at original rates.
• Rounding (rule text): "considering any fraction of $100.00 as a full $100.00" — liability rounds up to the next $100 before the brackets apply.

A worked example

A $400,000 purchase with a $380,000 mortgage: owner's policy $2,075.00 + simultaneous lender's policy $25.00 = $2,100.00 in promulgated premium. If the seller's own policy (say $350,000) is under three years old, the reissue schedule prices the owner's policy at $1,330.00 instead — saving $745.00. Ask the closing agent to check reissue eligibility; it's real money and often missed.

Who pays for it?

Custom, not law — and always negotiable in the contract: in most Florida counties the seller customarily pays for the owner's policy, while in Miami-Dade, Broward, Collier, and Sarasota the buyer customarily pays (and typically picks the title agent). The borrower pays the lender's policy either way.

Fine print

• Rates from Fla. Admin. Code R. 69O-186.003 (effective 1/27/2002, unchanged since), adopted under Fla. Stat. §627.782; primary source at flrules.org.
• The simultaneous-issue excess and reissue-excess calculations use the marginal continuation of the bracket table — the standard industry reading of the rule's "at original rates" language.
• Informational only, not insurance or legal advice; your title agent's quote controls, and reissue eligibility has documentary conditions (copies of the prior policy retained by agent and underwriter).