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| The following information is offered as a general guideline. |
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| Rates are applicable on residential transactions involving one-family to four-family
dwellings and condominium units. They are subject to change and the final cost may vary based
on special coverages or endorsements added to the policy. Please contact us for a firm quotation. |
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| Rates Effective 1/1/02 |
| OWNER'S COVERAGE |
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| STANDARD ALTA POLICY (Minimum Premium: $100.00) |
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Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
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Cost Factor
$3.00 per $1,000
Negotiated |
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Plus
Not Applicable |
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| EAGLE POLICY (Minimum Premium: $110.00) |
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Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
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Cost Factor
$3.00 per $1,000
Negotiated |
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Plus
10% of standard premium |
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| LENDER'S COVERAGE |
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| STANDARD ALTA POLICY (Minimum Premium: $100.00) |
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Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
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Cost Factor
$1.75 per $1,000
Negotiated |
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Plus
$25 per requested endorsement |
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| ADDITIONAL INFORMATION |
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REISSUE RATE:
Where applicable, this is $1.00 per $1,000 of coverage multiplied by the prior loan insurance
amount. (Minimum Premium: $100.00.) For additional coverage exceeding the prior insurance
amount, current rates apply to the excess coverage. Contact us for refinance guidelines.
SIMULTANEOUS ISSUE:
When an ALTA Lender's Policy is issued simultaneously with an Owner's Policy, the rate for
the ALTA Lender's Policy shall be $50 for the amount of insurance not in excess of the Owner's
Policy. Additional charges apply if the Lender's Policy exceeds the Owner's Policy amount.
Policies must cover identical land.
EXAMPLE OF SIMULTANEOUS ISSUE RATE CALCULATION:
- Sales Price: $250,000 / Loan Amount: $230,000
- Eagle Owner's Policy Premium: $472.50
- Standard ALTA Lender's Policy Premium: $452.50
Note: Endorsements will be figured into the Lender's Title Insurance Policy for adjustable
rate mortgages, condominiums, manufactured homes and homes in a planned unit development.
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