How are Florida title insurance rates calculated?

Florida title insurance premiums are promulgated by state regulation (Fla. Admin. Code 69O-186.003) on a tiered schedule per $1,000 of liability with a minimum premium. The schedule is the same statewide regardless of the agency.

What is simultaneous issue?

When a lender's (mortgagee) policy is issued at the same time as an owner's policy on the same transaction, the lender's policy is issued at a reduced simultaneous-issue charge for coverage up to the owner's policy amount.

What is the difference between reissue and substitution rates?

A reissue rate is a reduced premium available when a prior owner's policy insured the current seller or mortgagor (for a purchase within three years, or a refinance under the current owner's policy). A substitution-loan rate is a reduced premium on a refinance, based on the age of the original loan, when the borrower (and, for any lender, a loan of $250,000 or more) qualifies.

Who pays for title insurance in Florida?

It is customary and negotiable and varies by county. In Miami-Dade the buyer customarily pays the owner's policy and the seller the title search; in most other Florida counties the seller customarily pays the owner's policy. The contract controls.

Is this calculator an exact quote?

No. It is a good-faith estimate based on promulgated rates and statutory taxes and fees. Actual figures depend on the title commitment, endorsements, final closing numbers, and the executed contract. Contact Union Title Services for a binding figure.

Free Instant Estimate

What are my closing costs?

A few quick questions. No email required. Built on Florida's official promulgated rates.

What brings you here today?

Pick one and we'll only ask what matters for you.

A few numbers.

Round figures are fine. This is an estimate, not a quote.

Purchase price

How are you paying?

Loan amount

Not sure yet? We'll suggest 80% of the price.

Where is the property?

Premium rates are statewide. What changes by county is the customary buyer-vs-seller split. In Miami-Dade and Broward the buyer customarily pays the owner's policy; in most other counties the seller does. The contract always controls.

I have a prior owner's title policy

Prior owner's policy amount

Policy age (in years)

Substitution refinance (reduced rate based on prior loan balance and age)

Prior loan unpaid balance

Age of original loan

Same borrower & same lender: any amount. Different lender: $250,000 minimum.

Lender-required endorsements (if applicable) Condominium (ALTA 4.1) Planned unit development (ALTA 5.1) ARM / variable-rate loan (ALTA 6.1) Navigational Servitude Endorsement

Financed deals include ALTA 8.1 and Florida Form 9 by default. Toggle any endorsement on Step 3 if you need to adjust.

Please enter an amount above zero so we can run the numbers.

Your estimate

Where these numbers come from

Title insurance is priced by Florida's promulgated rate (Fla. Admin. Code 69O-186.003), the same state-set rate every agency must charge. With a mortgage, the residential lender's policy issued at the same time costs $25; commercial simultaneous-issue is $250.

Documentary stamps are state transfer taxes: 70¢ per $100 on the deed (60¢ in Miami-Dade, where a 45¢ surtax also applies to property other than single-family residences) and 35¢ per $100 on the note.

Intangible tax is 2 mills (0.2%) on the mortgage amount. Recording fees are charged per page by the Clerk of Court; we show Mike's typical estimate as a default, and the Customize panel lets you adjust pages.

Endorsements: ALTA 8.1 (environmental, $25) and Florida Form 9 (10% of policy premium) default-include on financed deals; ALTA 4.1 (condo), 5.1 (PUD), 6.1 (ARM), and Navigational Servitude (10% of policy premium) are opt-in via the Step 2 checkboxes or the Customize panel.

Estimates exclude prorations, payoffs, and any lender-imposed fees we don't see at the title-agency level. Who pays what is set by your contract; the splits shown reflect local custom and everything is negotiable.

Request an Exact Quote

This is an estimate based on Florida promulgated rates and the firm's standard fees. Actual closing costs may vary based on the specific transaction, municipality, lender requirements, and other factors. For a binding quote, please request an order or call the office.

Numbers raising questions?

Call 305-444-4508 and a real person who closes Florida deals every day will walk you through it. No obligation.

Union Title Services, Inc.

Title & Escrow · Est. 1985

90 Almeria Avenue, Coral Gables, FL 33134 · 305-444-4508 · Mon to Fri, 9:00 to 5:30 pm

This is a non-binding estimate based on Florida promulgated rates and statutory taxes and fees current as of May 2026. Not a quote, commitment, or settlement statement. For a binding figure, contact Union Title Services.