Moore Title Company - Bandera, Texas

ESTIMATED COST OF A TYPICAL CLOSING

How much does title insurance cost? For a single, one-time only premium payment, we provide a title policy that remains effective until the property is sold to a new owner. Telephone us for other costs which vary with each transaction.

TEXAS TITLE INSURANCE PREMIUM RATES

EFFECTIVE JULY 1, 2004

Policies Up To And Including	Basic Premium	Policies Up To And Including	Basic Premium	Policies Up To And Including	Basic Premium	Policies Up To And Including	Basic Premium

$10,000	$237	$32,500	$396	$55,000	$554	$77,500	$713
10,500	241	33,000	399	55,500	557	78,000	717
11,000	243	33,500	403	56,000	562	78,500	721
11,500	247	34,000	406	56,500	565	79,000	725
12,000	251	34,500	410	57,000	568	79,500	726
12,500	254	35,000	413	57,500	572	80,000	730
13,000	258	35,500	417	58,000	576	80,500	734
13,500	262	36,000	420	58,500	579	81,000	739
14,000	266	36,500	424	59,000	583	81,500	741
14,500	269	37,000	427	59,500	586	82,000	745
15,000	271	37,500	431	60,000	590	82,500	749
15,500	275	38,000	435	60,500	594	83,000	753
16,000	279	38,500	439	61,000	597	83,500	755
16,500	283	39,000	441	61,500	600	84,000	758
17,000	286	39,500	445	62,000	604	84,500	763
17,500	290	40,000	448	62,500	608	85,000	767
18,000	294	40,500	452	63,000	611	85,500	770
18,500	297	41,000	455	63,500	614	86,000	773
19,000	300	41,500	460	64,000	618	86,500	777
19,500	303	42,000	463	64,500	622	87,000	781
20,000	308	42,500	467	65,000	625	87,500	784
20,500	311	43,000	469	65,500	628	88,000	787
21,000	315	43,500	473	66,000	632	88,500	791
21,500	318	44,000	476	66,500	637	89,000	795
22,000	322	44,500	480	67,000	640	89,500	798
22,500	325	45,000	484	67,500	642	90,000	801
23,000	328	45,500	488	68,000	646	90,500	805
23,500	332	46,000	491	68,500	650	91,000	809
24,000	336	46,500	495	69,000	653	91,500	813
24,500	339	47,000	497	69,500	656	92,000	815
25,000	343	47,500	501	70,000	661	92,500	819
25,500	346	48,000	505	70,500	665	93,000	823
26,000	350	48,500	509	71,000	668	93,500	827
26,500	353	49,000	512	71,500	670	94,000	829
27,000	356	49,500	516	72,000	674	94,500	833
27,500	360	50,000	520	72,500	678	95,000	838
28,000	364	50,500	523	73,000	682	95,500	841
28,500	367	51,000	525	73,500	685	96,000	843
29,000	371	51,500	529	74,000	689	96,500	847
29,500	374	52,000	533	74,500	693	97,000	851
30,000	378	52,500	537	75,000	696	97,500	855
30,500	381	53,000	540	75,500	698	98,000	857
31,000	385	53,500	544	76,000	702	98,500	862
31,500	388	54,000	548	76,500	706	99,000	866
32,000	392	54,500	551	77,000	710	99,500	869
						100,000	871

Premiums shall be calculated as follows for policies in excess of $100,000:

1. For policies of $100,001 - $1,000,000
Basic Premium
(1) Subtract $100,000 from policy amount.
(2) Multiply result in 1. (1) by $.00552 and
round to nearest whole dollar.
(3) Add $871 to result in 1.(2).

2. For Policies of $1,000,001 - $5,000,000
Basic Premium
(1) Subtract $1,000,000 from policy amount.
(2) Multiply result in 2.(1) by $.00453 and
round to nearest whole dollar.
(3) Add $5,839 to result in 2. (2).

3. For policies of $5,000,001 - $15,000,000
Basic Premium
(1) Subtract $5,000,000 from policy amount.
(2) Multiply result in 3. (1) by $.00374 and
round to nearest whole dollar.
(3) Add $23,959 to result in 3.(2).

4. For policies of $15,000,001 - $25,000,000
Basic Premium
(1) Subtract $15,000,000 from policy amount.
(2) Multiply result in 4. (1) by $.00266 and
round to nearest whole dollar.
(3) Add $61,359 to result in 4. (2)

5. For policies in excess of $25,000,000
Basic Premium
(1) Subtract $25,000,000 from policy amount.
(2) Multiply result in 5.(1)by $.00159 and
round to nearest whole dollar.
(3) Add $87,959 to result in 5.(2).

For more information, please see Texas Department of Insurance.

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