If the property already had an owner's title policy, you may qualify for the discounted reissue rate — and pay hundreds to thousands less. See your reissue premium and exactly what you save versus the original rate. All 67 Florida counties.
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Florida title insurance premiums are promulgated rates set by the Florida Office of Insurance Regulation. But the rate book includes more than the standard "original" rate — it also contains a discounted reissue rate for property that was already insured by a prior owner's title policy. If the title has been insured before, the State allows the new policy to be written at a lower premium, because much of the title risk has already been examined and underwritten.
The catch: the reissue credit is not automatic. The closing agent has to identify that a prior policy exists, obtain a copy, and apply the reissue rate. Many title companies don't bother to check — and the buyer or borrower simply overpays. Atlantic Title Firm reviews every file for reissue eligibility, so you only pay what Florida law actually requires.
The reissue rate uses the same tiered sliding scale as the original rate — just at lower per-thousand rates. It applies to the amount of the new policy up to the face value of the prior policy; any coverage above the prior policy amount is charged at the original rate.
| Liability Tier | Reissue Rate / $1,000 | Original Rate / $1,000 |
|---|---|---|
| $0 – $100,000 | $3.30 | $5.75 |
| $100,001 – $1,000,000 | $3.00 | $5.00 |
| $1,000,001 – $10,000,000 | $2.00 | $2.50 / $2.25 |
| Over $10,000,000 | $1.50 | $2.00 |
Minimum reissue premium $100. Source: Florida Administrative Code Rule 69O-186.003.
The reissue rate applies when a prior owner's policy insured the seller or the mortgagor in the current transaction and a copy of that policy can be produced. The most common qualifying situations are:
To unlock the credit, the agent and underwriter must obtain and retain a copy of that prior policy. The single best thing you can do is find your original owner's title insurance policy from when the property was purchased and hand it to your closing agent.
Assuming the prior policy covered the full amount, here is what the reissue rate saves versus the original promulgated premium:
| Policy Amount | Original Premium | Reissue Premium | You Save |
|---|---|---|---|
| $200,000 | $1,075 | $630 | $445 |
| $250,000 | $1,325 | $780 | $545 |
| $300,000 | $1,575 | $930 | $645 |
| $400,000 | $2,075 | $1,230 | $845 |
| $500,000 | $2,575 | $1,530 | $1,045 |
| $750,000 | $3,825 | $2,280 | $1,545 |
| $1,000,000 | $5,075 | $3,030 | $2,045 |
When you refinance in Florida, your original owner's policy stays in force — you do not buy a new owner's policy. The new lender does require a fresh lender's title policy on the new loan, and because the property was already insured, that lender's policy is written at the reissue (substitution) rate rather than the full original rate. The reissue credit is one of the biggest line-item savings available on a Florida refinance, and it is exactly the kind of thing a careful closing agent catches and a rushed one misses.
Because the reissue credit is never applied automatically, knowing the four steps below can save you hundreds to thousands of dollars at closing:
These three Florida title insurance discounts are often confused. They are not the same thing, and on some transactions more than one applies:
A purchase may use the reissue rate, simultaneous issue, or both; a refinance almost always uses the substitution/reissue rate. Either way, the premium begins with an accurate title search, and the discount only lands if your closing agent knows to apply it.
A discounted promulgated premium for property already covered by a prior owner's policy: $3.30 per $1,000 on the first $100,000, $3.00 from $100,001 to $1,000,000, $2.00 from $1,000,001 to $10,000,000, and $1.50 above $10,000,000 (minimum $100). It applies up to the face amount of the prior policy; coverage above that is charged at the original rate.
When a prior owner's policy insured the seller or mortgagor and a copy is available — most often on a refinance, a resale within three years, or any sale where the seller can produce their existing owner's policy.
About $645 on a $300,000 policy, $1,045 on $500,000, and $2,045 on $1,000,000 when the prior policy covered the full amount. Use the calculator above for your specific numbers.
Yes — it is a promulgated rate. The difference is whether the agency checks for and applies the credit. Many don't, and the customer overpays. We check every file.
Yes — the agent and underwriter must obtain and retain a copy of the prior owner's policy. If you're selling or refinancing, locate your original owner's title policy and give it to your closing agent; that's what unlocks the discount.
Yes. Your existing owner's policy stays in force and the new lender requires a fresh lender's policy on the new loan, written at the reissue (substitution) rate instead of the full original rate — one of the biggest savings on a Florida refinance. See our refinance closing page for details.
They're separate discounts. The reissue rate is a reduced premium because the title was already insured by a prior owner's policy. Simultaneous issue is the $25 flat lender's-policy minimum when issued alongside a new owner's policy at the same closing. A purchase can use one or both; a refinance usually uses the reissue/substitution rate.
There's no hard expiration on the owner's-policy reissue credit — if a prior owner's policy insured the seller and a copy is available, it generally applies regardless of age. A specific provision also covers a seller reselling within three years of their own purchase. The key is producing the prior policy.
The reissue rate applies up to the face amount of the prior policy; coverage above that is charged at the standard original rate. A $500,000 purchase with a $400,000 prior policy gets the reissue rate on the first $400,000 and the original rate on the last $100,000. The calculator above splits this automatically.
Florida-licensed across all 67 counties. We review every file for reissue eligibility so you pay the lowest premium the State allows — not a dollar more.
