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| The following information is offered as a general guideline. |
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| Rates are applicable on residential transactions involving one-family to four-family dwellings
and condominium units. They are subject to change and the final cost may vary based on special coverages or endorsements
added to the policy. Please contact a First American representative for a firm quotation. |
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West Virginia Rate Manual Rate
Chart / Up to $2,000,000 |
| Schedule of Endorsement Fees |
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| Rates Effective 4/27/07 |
| OWNER'S COVERAGE |
| (without distinction as to whether the land is residential
or commercial property) |
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| STANDARD ALTA POLICY (Minimum Premium: $150.00) |
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Amount of Insurance
Up to $100,000
$100,001-$500,000
$500,001-$5,000,000
$5,000,001-$10,000,000
$10,000,001-$50,000,000
$50,000,000 and above |
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Cost Factor
$4.00 per $1,000
$400
$1,600
$10,600
$18,100
$56,100 |
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Plus
--
$3.00 per $1,000
$2.00 per $1,000
$1.50 per $1,000
$.95 per $1,000
$.65 per $1,000 |
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On Amount Over
--
$100,000
$500,000
$5,000,000
$10,000,000
$50,000,000 |
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| EAGLE POLICY: Add $30 to Standard ALTA Policy
Premium |
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| LENDER'S COVERAGE |
| (without distinction as to whether the land is residential
or commercial property) |
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| STANDARD ALTA POLICY (Minimum Premium: $150.00) |
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Amount of Insurance
Up to $100,000
$100,001-$500,000
$500,001-$5,000,000
$5,000,001-$10,000,000
$10,000,001-$50,000,000
$50,000,000 and above |
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Cost Factor
$3.00 per $1,000
$300
$1,100
$7,850
$12,850
$48,850 |
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Plus
--
$2.00 per $1,000
$1.50 per $1,000
$1.00 per $1,000
$.90 per $1,000
$.60 per $1,000 |
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On Amount Over
--
$100,000
$500,000
$5,000,000
$10,000,000
$50,000,000 |
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| EAGLE POLICY: Add $30 to Standard ALTA Policy
Premium |
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| ADDITIONAL INFORMATION |
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REISSUE RATE:
When the owner of land on which application is made for a Loan Policy of title insurance has had the title to
the Identical Land insured, such owner shall be entitled to a reissue rate of sixty percent (60%) of the rate
for original lender's policy coverage up to the face amount of such prior Loan or Owner's Policy, provided
that the owner-applicant provides a copy of their prior Policy or such other information to enable the Insurer
to verify the representations made. If the amount of insurance required under the Loan Policy is in excess
of the prior Policy, the rate of the excess shall be the original Lender's Policy coverage rate. |
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SIMULTANEOUS ISSUE:
When an Owner's Policy and a Loan Policy covering Identical Land are issued simultaneously, the combined rate
for the simultaneously issued policies shall be the applicable owner's rate plus $100.00; provided, that
the Loan Policy does not insure an amount in excess of the Owner's Policy. When the insurance for the deed
of trust exceeds the insurance of the owner, the rate for such excess shall be the original Loan Policy rate
in the applicable bracket or brackets. To qualify for simultaneous issuance rate, the mortgagor, the lien
of which is insured by the Loan Policy, must be one and the same legal entity as the owner insured by the
Owner's Policy and such simultaneous policies must be issued within 30 days of each policy.
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