Can a Buyer “negotiate” the cost of an Owners Policy?
Although you may be eligible for a discount on your Title Insurance Premium, in Utah, the insurer has no authority to negotiate rates. Rate tables & schedules, which are filed with Utah State Insurance Department offices, are public information, and are adhered to by all Title Insurance Companies. To determine eligibility for a discounted Title Insurance Premium, we need to determine the last policy date. Discounts are often as much as 40% and can be determined in a few minutes by a simple phone call to one of our title searchers.
