MASSACHUSETTS PREMIUM RATE CHANGE
FEBRUARY 15, 2003
Republic National Title Insurance Company will be increasing rates for OWNERS?
POLICIES ONLY. The change is as
|Up to $1 million||
$4.00 per thousand
which includes the Homeowners Extended Coverage Endorsement ? ?Premium Policy?
|Over $1 million||
Calculate premium for first million as shown above, then add $2.50 per thousand for the portion of the liability over $1 million
|Over $2 million||Negotiable
|Simultaneous Issue Fee||$100.00
(i.e. liability amounts less than $25,000)
We have contacted local
software vendors and informed them of this change.
However, it would be wise for you to contact your vendor and make sure
the changes are properly made within your own system.
2. New Rate Cards are being printed and will be mailed out as soon as available.
you quoted the old premium rate, we will honor it through 4/30/03.