There are many different types and brands of title insurance rate calculators out there that you can choose from depending on what’s best for your market.
For instance, you can purchase an off-the-shelf branded title quote app like Net Sheet Calc for your real estate agents and marketing representatives to use, or if you are just using the calculator internally among your staff your underwriter may provide one as well.
Here are some details behind one of the most common off-the-shelf rate calculators on the market today.
Commonwealth Title Insurance Calculator: Features, Details & Pricing
Commonwealth Title, like Lawyers Title and Chicago Title, are subsidiaries of the largest publicly traded title insurance underwriter Fidelity National Title Insurance Company (NYSE: FNF).
Like the others, Commonwealth Title Insurance Calculator seems to be exclusively for title companies who underwrite with Commonwealth.
Other competing title insurance rate calculators hosted by underwriters include the parent company Fidelity National Title Insurance Company, Old Republic Title, Stewart Title, First American Title, WFG National Title, and sister companies like Lawyers Title and Chicago Title.
It is great for rate lookups for you or your staff and appears to be primarily for internal use as it has no branding features.
The pros appear to be that it provides instant access to agents without forcing them to sign in.
As with the other Fidelity-based calculators, there is a nice Quote Retrieval feature so you can look up previous quotes quickly.
The downside may be that you might not want to provide this directly to your customers as it would be misleading since it won’t have all of your fees.
Pricing
Since no pricing is listed, it doesn’t appear that there is an additional charge for the Commonwealth Title insurance calculator if you are an agent with them but you would have to check with your representative to verify.
If you underwrite with Commonwealth Title and want to have not only your title premiums but also your fees and branding in a rate calculator so your customers can use it, check out our rate calculator.
In fact, Net Sheet Calc is the only title insurance calculator to include six unique calculators in one – Seller Net Sheet, Buyer Finance Closing Cost, Buyer Cash Closing Costs, Refinance, a Title Premium Calculator widget for your website, and a non-login version for quick estimates for busy agents.
Net Sheet Calc works on all popular devices from iPhone and Android to laptops and desktops, and even includes a side-by-side scenario feature which has proven super handy in a multi-offer real estate market.
Watch an instant demo to see how Net Sheet Calc can be customized with your fees and your Commonwealth Title insurance premium rates for your state.