| |
| Rates Effective 1/1/02 |
| OWNER'S COVERAGE |
 |
| STANDARD ALTA POLICY (Minimum Premium: $100.00) |
|
| |
Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
|
Cost Factor
$3.00 per $1,000
Negotiated |
|
Plus
Not Applicable |
|
| EAGLE POLICY (Minimum Premium: $110.00) |
|
| |
Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
|
Cost Factor
$3.00 per $1,000
Negotiated |
|
Plus
10% of standard premium |
| |
| LENDER'S COVERAGE |
|
| STANDARD ALTA POLICY (Minimum Premium: $100.00) |
|
| |
Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
|
Cost Factor
$1.75 per $1,000
Negotiated |
|
Plus
$25 per requested endorsement |
|
| EAGLE POLICY (Minimum Premium: $110.00) |
|
| |
Amount of Coverage
Up to $1,000,000
$1,000,001 and above |
|
Cost Factor
$1.75 per $1,000
Negotiated |
|
Plus
10% of standard premium
$27.50 / ALTA 8.1 (required)
$27.50 / ALTA 9 (required)
$27.50 per requested endorsement |
| |
| ADDITIONAL INFORMATION |
|
REISSUE RATE:
Where applicable, this is $1.00 per $1,000 of coverage multiplied by the prior loan insurance amount. (Minimum
Premium: $100.00.) For additional coverage exceeding the prior insurance amount, current rates apply to the
excess coverage. Contact the State Office for refinance guidelines. |
|
|
SIMULTANEOUS ISSUE:
When a Lender's Policy is issued simultaneously with an Owner's Policy, the rate for the Lender's Policy shall
be as follows for the amount of insurance not in excess of the Owner's Policy. Additional charges apply if
the Lender's Policy exceeds the Owner's Policy amount. Policies must cover identical land.
- Standard ALTA Lender's Policy - $50.00
- Eagle Lender's Policy - $55.00
|
