💲 What Is a Reissue Rate in Real Estate?

A reissue rate is a discounted title insurance premium offered when a property has been insured with a title policy in the recent past—typically within the last 3 to 10 years. It rewards the reuse of an existing title search, saving the buyer or seller money at closing.

How Reissue Rates Work

When title insurance was previously issued for a property, much of the title research and risk assessment has already been completed. If the title insurer can verify the prior policy, they can reissue a new policy at a reduced premium. This discount—often 30% to 40%—is known as the reissue rate.

Who Qualifies for the Reissue Rate?

  • 🏡 The property had a prior owner’s title insurance policy within the last few years (typically 3–10, depending on the state).
  • 📄 The same title company or insurer is handling the new transaction.
  • 👤 The seller can provide proof of the existing title policy.

Not every transaction qualifies, but most refinances and recent resales do.

Why Reissue Rates Matter

Title insurance can be a significant closing cost. Knowing whether you qualify for the reissue rate can save hundreds of dollars. FSBO sellers and buyers using Brokerless.com often coordinate directly with title companies to ensure they receive any eligible discount.

Learn more about title insurance in these related guides: