Updated November 3, 2026 · Local data: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates
How the premium is calculated
Florida title insurance rates are promulgated, meaning the state sets them. The owner's-policy schedule is tiered:
| Coverage band | Rate |
|---|---|
| First $100,000 | $5.75 per $1,000 |
| $100,001 – $1,000,000 | $5.00 per $1,000 |
| $1,000,001 – $5,000,000 | $2.50 per $1,000 |
Example: a $400,000 home is $575 + $1,500 = about $2,075 for the owner's policy. When a lender's policy is issued at the same closing (simultaneous issue), it's priced at a much lower add-on rate plus endorsements.
Who pays?
It depends on local custom. In Pinellas and Hillsborough the seller customarily pays for the owner's policy and chooses the title company. In some other Florida counties the buyer does. The purchase contract decides it.
What to compare between title companies
- Settlement or closing fee, title search and exam fees, courier and e-recording charges
- Mobile or remote closing options
- How fast they clear liens, open permits and HOA estoppels
- Wire-fraud protocols. Always verify wiring instructions by phone using a number you already trust.
Typical numbers in Pinellas
| Place | Median value | Deed stamps | Owner's title (est.) |
|---|---|---|---|
| St. Petersburg | $371,100 | $2,598 | $1,930 |
| Clearwater | $361,300 | $2,529 | $1,882 |
| Largo | $229,100 | $1,604 | $1,220 |
| Palm Harbor | $405,300 | $2,837 | $2,102 |
| Pinellas Park | $278,900 | $1,952 | $1,470 |
| Dunedin | $396,000 | $2,772 | $2,055 |
| East Lake | $488,000 | $3,416 | $2,515 |
| Tarpon Springs | $340,700 | $2,385 | $1,778 |
| Lealman | $196,400 | $1,375 | $1,057 |
| Seminole | $348,500 | $2,440 | $1,818 |
| Safety Harbor | $454,000 | $3,178 | $2,345 |
| West Lealman | $169,100 | $1,184 | $920 |
Frequently asked questions
Is title insurance required in Florida?
A lender's policy is required when you have a mortgage. An owner's policy is optional but strongly recommended.
Can I choose my own title company?
Yes. Federal law (RESPA) says a seller can't require the buyer to use a particular title company as a condition of sale.
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Related guides
This guide is general information, not legal, tax, insurance or financial advice. Rules and rates change, so confirm details with a licensed professional.