Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
14 Second, the reason for the focus on title insurance is that it is objectively very overpriced. For life insurance, it typically ranges from 60 to 90 percent, and for auto insurance, it is more like 70 to 80 percent. In 2007, the Government Accountability Office (GAO), a non-partisan research arm of Congress, studied title insurance.
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