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In Texas, title insurance rates are:

Correct Answer

C) Regulated by the Texas Department of Insurance and are the same statewide

In Texas, title insurance rates are regulated by the Texas Department of Insurance (TDI). The rates are promulgated and are the same regardless of which title company is used, making Texas unique among states.

Answer Options
A
Set by individual title companies and vary widely
B
Negotiated between the buyer and seller at closing
C
Regulated by the Texas Department of Insurance and are the same statewide
D
Determined by the county in which the property is located

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Related Topics & Key Terms

Key Terms:

closing_provisionstitle_insuranceregulated_ratesTDI
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