RATESNY
Rate Calculator NY Rates Zone 1 NY Rates Zone 2
Effective on orders received on or after January 01, 2022.
Some services listed below are provided at cost or are pass-through fees, and may vary slightly based upon requirements of the specific transaction and county.
| SERVICE | ZONE 1 | ZONE 2 |
| Title Insurance | ||
| Title Insurance Premium | TIRSA Rate | TIRSA Rate |
| Endorsements | TIRSA Rate | TIRSA Rate |
| Settlement Fee | ||
| Residential | $500.00 | $500.00 |
| Commercial & Construction | $600.00 | $600.00 |
| Saturday Closing Fee | $50.00 | $50.00 |
| Search Fees | ||
| Administration Fee | $50.00 | $50.00 |
| Property Search | Pass Through | Included in Premium |
| Per Chain Review Fee Above 2-Chains | $35.00 | $35.00 |
| Tax Search | Pass Through | Included in Premium |
| Municipal Search Admin. Fee | N/A | $200.00 |
| Municipal Search Fee | Pass Through | Pass Through |
| Patriot Search (per name) | $10.00 | $10.00 |
| Bankruptcy Search (per name) | $10.00 | $10.00 |
| Certificate of Good Standing | 200% of Actual Cost | 200% of Actual Cost |
| UCC Search - State and County | 200% of Actual Cost | 200% of Actual Cost |
| Franchise Tax Search | $20.00 | $20.00 |
| Tax Search Continuation | Pass Through | Included in Premium |
| Survey Inspection | Actual Cost + $75.00 | Actual Cost + $75.00 |
| Judgement Lien Search - per purchaser name | Pass Through | Pass Through |
| Pre-Closing Continuation/Rundown | Pass Through | Included in Premium |
| Misc. Fees | ||
| ACRIS Doc Prep | N/A | $75.00 |
| Escrow Handling Fee - per item held | $50.00 | $50.00 |
| Recording Service Fee (per document, includes electronic recording fee) | $30.00 | $30.00 |
| Closing Continuation/Rundown | Pass Through | Included in Premium |
| Encompass Collaboration Fee | $14 Refinance/$24 Purchase | $14 Refinance/$24 Purchase |
| Overnight Delivery Fee | Pass Through | Pass Through |
NY Rates - Zone 1
(As filed by the Title Insurance Rate Service Association, Inc. as of February 15, 2019)
Purchase Transactions Up to $1 Million
| Amount of Insurance | Owner's Policy | Mortgage |
| First $35,000 or less | $338 | $284 |
MINIMUM PREMIUM (except simultaneously issued policies)
Each additional $1,000 (or fraction thereof), add
| From | To | Owner's Policy | Mortgage |
| 35,001 | 50,000 | 6.73 | 6.28 |
| 50,001 | 100,000 | 4.20 | 3.90 |
| 100,001 | 500,000 | 3.38 | 3.14 |
| 500,001 | 1,000,000 | 3.03 | 2.81 |
*Note Owner’s Policy rates up to and including $1,000,000 are based on Investors Title Insurance Company’s deviation filing approved by the NY Insurance Department effective September 1, 2014.
Regular Owner’s and Mortgage Rates
| Amount of Insurance | Owner's Policy | Mortgage |
| First $35,000 or less | $338 | $284 |
MINIMUM PREMIUM (except simultaneously issued policies)
Each additional $1,000 (or fraction thereof), add
| From | To | Owner's Policy | Mortgage |
| 35,001 | 50,000 | 7.52 | 6.28 |
| 50,001 | 100,000 | 4.69 | 3.90 |
| 100,001 | 500,000 | 3.78 | 3.14 |
| 500,001 | 1,000,000 | 3.38 | 2.81 |
| 1,000,001 | 5,000,000 | 3.09 | 2.57 |
| 5,000,001 | 10,000,000 | 2.81 | 2.35 |
| 10,000,001 | 15,000,000 | 2.62 | 2.19 |
| 15,000,001 | and up | 2.36 | 1.97 |
Simultaneous Issue of Owner’s and Loan Policies
When an owner’s policy and a loan policy are issued simultaneously covering identical property, the rate for the owner’s policy shall be the applicable owner’s rate. The rate on the amount of the loan policy that does not exceed the amount of the owner’s policy shall be calculated at thirty percent (30%) of the loan rate. The rate on the amount of the loan policy in excess of the amount of the owner’s policy shall be calculated at the full loan rate.
Refinance and Subordinate Mortgage
(A) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of $475,000 or less, the charge for the New Loan Policy shall be 50% of the applicable full loan rate up to the greater of:
(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”);
(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting Instrument, or (iii) shown in the public records, or
(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);
(2) provided that:
(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and
(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or by all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and
(c) The New Mortgage describes the same property or some of the same property as is set forth in the Vesting Instrument or the "Existing Mortgage(s)": means the New Mortgage describes all of the same property or some of the same property as shown in the Vesting Instrument or the Existing Mortgages.
(3) For any insurance that exceeds the greater of the amounts set forth in (A)(1)(a) or (A)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.
(B) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of more than $475,000, the charge for the New Loan Policy shall be 70% of the applicable full loan rate up to the greater of:
(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”):
(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
Instrument, or (iii) shown in the public records, or
(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);
(2) provided that:
(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and
(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and
(c) New Loan describes all of the same property or some of the same property as shown in Vesting Instrument or the Existing Mortgages.
(3) For any insurance that exceeds the greater of the amounts set forth in (B)(1)(a) or (B)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.
(C) “Existing mortgage” includes only mortgages that are open of record and have not been paid off prior to the transaction being insured.
(D) Additional discounts may be applicable pursuant to the following sections 14(A) and 14(B).
The construction mortgage rate is the Regular owner’s rate.
Contact our local agency for information regarding added coverage provided through endorsements and the costs.
NY Rates - Zone 2
(As filed by the Title Insurance Rate Service Association, Inc. as of February 15, 2019)
Purchase Transactions Up to $1 Million*
| Amount of Insurance | Owner's Policy | Mortgage |
| First $35,000 or less | $341.70 | $327 |
MINIMUM PREMIUM (except simultaneously issued policies)
Each additional $1,000 (or fraction thereof), add
| From | To | Owner's Policy | Mortgage |
| 35,001 | 50,000 | 5.67 | 5.27 |
| 50,001 | 100,000 | 4.62 | 4.31 |
| 100,001 | 500,000 | 3.71 | 3.46 |
| 500,001 | 1,000,000 | 3.38 | 3.14 |
*Note Owner’s Policy rates up to and including $1,000,000 are based on Investors Title Insurance Company’s deviation filing approved by the NY Insurance Department effective September 1, 2014.
Regular Owner’s and Mortgage Rates
| Amount of Insurance | Owner's Policy | Mortgage |
| First $35,000 or less | $382 | $327 |
MINIMUM PREMIUM (except simultaneously issued policies)
Each additional $1,000 (or fraction thereof), add
| From | To | Owner's Policy | Mortgage |
| 35,001 | 50,000 | 6.34 | 5.27 |
| 50,001 | 100,000 | 5.16 | 4.31 |
| 100,001 | 500,000 | 4.14 | 3.46 |
| 500,001 | 1,000,000 | 3.78 | 3.14 |
| 1,000,001 | 5,000,000 | 3.48 | 2.90 |
| 5,000,001 | 10,000,000 | 3.09 | 2.57 |
| 10,000,001 | 15,000,000 | 2.92 | 2.42 |
| 15,000,001 | and up | 2.62 | 2.19 |
Simultaneous Issue of Owner’s and Loan Policies
When an owner’s policy and a loan policy are issued simultaneously covering identical property, the rate for the owner’s policy shall be the applicable owner’s rate. The rate on the amount of the loan policy that does not exceed the amount of the owner’s policy shall be calculated at thirty percent (30%) of the loan rate. The rate on the amount of the loan policy in excess of the amount of the owner's policy shall be calculated at the full loan rate.
Refinance and Subordinate Mortgage
(A) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of $475,000 or less, the charge for the New Loan Policy shall be 50% of the applicable full loan rate up to the greater of:
(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”);
(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
Instrument, or (iii) shown in the public records, or
(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);
(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and
(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or by all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and
(c) The New Mortgage describes the same property or some of the same property as is set forth in the Vesting Instrument or the "Existing Mortgage(s)": means the New Mortgage describes all of the same property or some of the same property as shown in the Vesting Instrument or the Existing Mortgages.
(3) For any insurance that exceeds the greater of the amounts set forth in (A)(1)(a) or (A)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.
(B) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of more than $475,000, the charge for the New Loan Policy shall be 70% of the applicable full loan rate up to the greater of:
(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”):
(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
Instrument, or (iii) shown in the public records, or
(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);
(2) provided that:
The construction mortgage rate is the Regular owner’s rate.
Endorsements
Contact our local agency for information regarding added coverage provided through endorsements and the costs.