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How Ohio title insurance pricing really works

Why premiums are set by the state, why agencies charge nearly the same, and what is different from one agency to the next.

What this article will cover

  1. Who sets the price. Premiums are filed with and approved by the state.
  2. Why agencies look the same. What nearly identical means in practice.
  3. What does vary. Closing fees, service, and who handles your file.
  4. Owner's and lender's policies. Why there are two, and who usually pays under common contracts.
  5. Questions to ask any agency. A short list you can use when you compare.

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