INSURANCE PREMIUM CALCULATOR
Below are links to calculate the title insurance premium for your title insurance policy. Please note that the calculator for Fidelity National, Chicago Title and Commonwealth Land Title is for residential properties only, or for the purchase of commercial properties for less than $530,000.00 (if there has not been a sale of the property in the last five years), or less than $857,000.00 (if there was a sale of the property in the last five years).
A couple of helpful hints:
First, don’t worry too much about which zip code or county you choose in the calculator; in Michigan, the rates are the same in all counties for our underwriters. With the Fidelity National, Chicago Title and Commonwealth Land Title calculator, you can choose any of the 3 underwriters. The rates are the same for all three.
Second, if your transaction involves the purchase of property, you will be asked if there was an arms-length sale of the property in the previous 60 months (if so, the premium is lower). To determine this rate in the First American calculator, when prompted if you want a quick quote, click “no.”
Third, you are given the option to get the cost of any endorsements you would like. Many are free, but some require payment of a premium.
Fidelity National, Chicago Title and Commonwealth Land Title:
First American Title:
GOOD FAITH ESTIMATE CALCULATORS
If you are a residential lender, you can use one of the calculators below to calculate the cost of items that are required to be on the Good Faith Estimate provided to your customers.
GFE Accu-Rate: http://chicago.title.com/gfe/
GFE Accu-Rate: http://fidelity.title.com/gfe/
GFE Accu-Rate: http://commonwealth.title.com/gfe/