And The Survey Says: Who Pays for Title Insurance by County?
By: Connie Clark, Fund Sr. Underwriting Counsel
The party who customarily pays the owner’s title insurance policy premium in a residential transaction in Florida varies by county. In at least one county, who pays the premium depends on where the property is located within the county. For Fund Members writing or reviewing contracts for property located in a county where the Fund Member is not familiar with the local custom, this variability may create uncertainty.