What it is The policy you must buy every time you get a new mortgage
What's so bad Technology has brought down the cost of ownership searches, but the cost of title insurance has barely declined. Regulators have increasingly questioned whether industry marketing practices get in the way of competitive pricing.
Ouch! Title insurance costs as much as $1,100, or an average of $800.
What you can do Don't just accept a referral from your broker; shop among insurers in your area.