NLIC.org

Felix Said:

Title Insurance?

We Answered:

First of all, title insurance rates are a set percentage of the purchase price of the house.

Second, the title insurance protects YOU, in case it turns out after all the paperwork goes through, that there's a PROBLEM with you getting clear title (like, some guy 50 years ago willed it to someone else, and a third party who had no right to it, sold it).

So you're not going to get a better rate elsewhere, and it doesn't cover them - it covers YOU.