The rates for Title Insurance are a fixed rate and are filed with the State of Ohio Insurance Department.  Title insurance is inexpensive, typically costing a one-time fee of less than one percent of your home's total value,  but the cost is directly related to the value of the property. The higher the value, the more coverage is needed. The premium is a one time only cost that doesn’t have to be renewed like other insurance.  The federal government and big business companies require it when they deal in property and loans - you could not afford a loss better than they could. If you are in a position to buy property or lend money - be insured, it's a bargain.