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How do you figure a title insurance premium using a risk rate Example 50000 policy based on a risk rate of 30.00 per thousand?In: Title Insurance |
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Figuring Title Insurance Premium
Hi - this is some basic math
$50,000.00 insurance policy at a rate of $30.00 per thousand
- 50,000 divided by 1000 = 50
- 50 x $30.00 = $1500.00 premium charge
First answer by TitleGeek. Last edit by TitleGeek. Contributor trust: 96 [recommend contributor]. Question popularity: 21 [recommend question]
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