Title Insurance Calculator

Please feel free to use the links below to calculate the title insurance for any transaction in Maryland, Virginia or the District of Columbia.  Please note that although the links provide accurate figures on title insurance, Elite Settlements, LLC encourages our clients to contact us directly to provide an accurate quote inclusive of any title services fees.  Please feel free to call us at 301-431-1503 or e-mail us at Office@SettleElite.com to get a quote today!

1.  Click on the link:

Maryland Title Insurance Calculator

Virginia Title Insurance Calculator

District of Columbia Title Insurance Calculator

 

2.  Policy Effective Date: Input the anticipated settlement date. 

3.  Policy Category:

• Use Owners for a Cash Purchase only, or when a Lender’s Policy is not needed
• Use Lenders for a Refinance only 
• Use Simultaneous for a Purchase where both a Lender’s Policy and an Owner’s Policy will be issued

4.  Type: 

• For Owners (Purchase) we encourage you to select the enhanced option to quote the most comprehensive coverage available.  This coverage has the highest premium and we suggest that lending professionals use this to ensure compliancy within the tolerance levels for the new Good Faith Estimate in the event the buyer chooses this option.  The buyer also has the option of choosing a basic policy, which has less coverage and has a lower premium, or may opt out of obtaining an owner’s policy, which Elite Settlements, LLC does not recommended.  
• For Lenders (Refinance) use basic.  Elite Settlements, LLC will not charge an enhanced Lender’s Policy unless specifically required by the lender.

Note: for the purposes of the new 2010 Good Faith Estimate and HUD-1 Settlement Statement, always put in the full policy amount without any reissue rate discounts, because not all policies are eligible for a reissue rate or a full reissue rate discount.  Reissue rate discounts will be applied on the final HUD-1 if the policy is eligible to receive the discount.

5.  2nd Lender's Type: Only if closing simultaneous with a 2nd trust that requires title insurance

6.  Payoff/Prior Liability: Reissue Rate Calculation- If a customer has a copy of a prior owner’s policy dated within 10 years of the date of our new closing, you may input the insured amount listed on the owner’s policy to calculate a reissue rate discount (reissue rates apply only up to the prior policy amount).   Please use this option for information purposes only and not for the new 2010 Good Faith Estimate and HUD-1 Settlement Statement, as not all policies are eligible for a reissue rate or a full reissue rate discount.   Reissue rate discounts will be applied on the final HUD-1 if the policy is eligible to receive one.