Resources & tools
Helpful information, title insurance rate calculators and practical guidance for your transaction.
Underwriter rate calculators
Michigan title premiums are set by the underwriters and filed under state regulations. These calculators provide estimates; final charges can vary by transaction details, endorsements and recording fees.
Before closing
For transaction-specific questions, contact our team. Never rely on emailed wiring instructions or last-minute changes without verifying them by calling a trusted number you already know.
Many transactions can be completed without visiting an office. Depending on the transaction, signing may be coordinated through a local notary, bank, affiliated settlement office or, when available, remote online notarization.
Start a transaction ↗Common questions
Why do I need title insurance?
An owner’s policy protects a purchaser against covered title defects that may exist on the property. A lender’s policy protects the lender’s lien priority. Coverage depends on the policy terms.
What is a title defect?
Liens, unsatisfied mortgages, unpaid taxes, judgments and certain restrictions can appear in public records. Other covered defects may not be readily apparent from a records search. The policy explains the coverage and exclusions.
How long am I covered?
An owner’s title insurance policy generally lasts as long as you or your heirs own the property, subject to the policy terms.
Who chooses the title provider?
Buyers have the right to choose their title provider. Let your agent, attorney or loan representative know that you would like Peninsula Title Agency.
How long does title work take?
We strive to provide a title commitment within 24–48 hours after receiving the information needed to begin. Timing depends on the transaction and public records.
What happens at closing?
The parties complete the settlement documents, closing costs are paid, funds are disbursed according to the settlement statement and instructions, and the deed is recorded.
How is property held by more than one owner?
Michigan has multiple forms of co-ownership, including tenancy by the entirety, joint tenancy, joint tenancy with rights of survivorship and tenancy in common. Ownership choices can affect probate and estate planning; consider consulting an attorney.
Have another question? Contact our team.