Pennsylvania is an All-Inclusive Rate State

The business of title insurance involves three basic functions and services: (1) the search and examination of land records (2) escrow and settlement services involved with closing a transaction and (3) the assumption of the insurance risk by the title insurance company with the issuance of a title insurance policy. While there could be a separate charge imposed for each of these functions and services, that is not the case in Pennsylvania.

Pennsylvania is one of the few States where the rate is all-inclusive in that the title insurance charge includes the cost of the search, title examination, escrow and settlement services and the insurance risk assumed by the title insurer.

Pennsylvania's all-inclusive rate approach is a matter of law, not just of practice. The “FEE” for title insurance “…means and includes the premium, examination and settlement or closing fees and every other charge….”40 P.S. §910-1 (5).