Welcome Class

Rating refers to the calculation of the title insurance premium in accordance with Rules 69O-186.003 and 69O-186.005, F.A.C. The title insurance premium is the charge made by a title insurer for a title insurance policy inclusive of compensation for determining insurability in accordance with sound underwriting practices based upon evaluation of a reasonable title search and clearance of underwriting objections and requirements to eliminate risk.  An overview of rating and billing procedures is included in this presentation.