Escrow & Title
The Texas Department of Insurance regulates title insurance rates in Texas. This means:
ABuyers can negotiate lower rates with competing title companies
BTitle insurance rates are set by the state and are the same from all companies✓ Correct
CTitle companies charge whatever the market supports
DTitle insurance premiums vary by lender and cannot be compared
Explanation
Texas has a unique system where the Texas Department of Insurance (TDI) sets title insurance premium rates. All title companies charge the same rate for the same coverage amount, so competition is on service, not price.
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