Last reviewed: July 2026
The concept
Title risk is partly retrospective: if a policy insured this title recently, part of the history has already been searched, examined, and underwritten. The promulgated schedule prices that: reissue rates (e.g., $3.30 per $1,000 on the first $100,000 versus $5.75 original) apply up to the prior policy's face amount, with only the coverage ABOVE it priced at original rates. Everyone can win — seller-pays counties hand the savings to sellers, buyer-pays counties to buyers.
The math on a real file
Sale at $450,000 with a qualifying $300,000 prior policy: reissue tiers price the first $300,000 at $930 ($330 + $200 × $3.00), the new $150,000 at original marginal $5.00 = $750 — total $1,680 against an original-rate $2,325. That's $645 recovered by producing one old document. Larger priors save more; our calculator runs your exact figures with the reissue toggle.
Eligibility, honestly stated
Qualification runs on the promulgated rules and underwriter requirements — the prior policy must be the right kind (an owner's policy on the same land) within the qualifying period, and documentation must satisfy the underwriter. Rather than promise your file qualifies from a webpage, we do it the accurate way: send the prior policy (or tell us who closed it), and we confirm eligibility and the exact credit on your quote.