Title Insurance Companies

[Anthony Bielecki]

Hello all,

I am about to close on my very first rental property, a duplex in Miami Florida. On one of the documents my mortgage broker has sent me, I saw this:

So it appears that she can provide these services to me at this cost, or I am free to search for cheaper deal on my own. Of course, I plan on calling a few Title Insurance Companies to get some quotes. But I have two questions about this:

1) How much does the particular title insurance company matter? Specifically, I mean should I just go with whoever quotes me the cheapest price or is this the sort of thing where "you get what you pay for" and it could come back to bite me later if I go too cheap?

2) Based on your own personal experience, do the rates my broker quoted me seem reasonable?

As always, thank you all for your time and expertise. Biggerpockets has been such an amazing help to me all throughout this process. I look forward to the day when I have enough expertise to pay it forward.

Best,

Anthony