| UCC Basic Insurance Rates
| Amount of Insurance |
|
From: |
To and Including: |
Rate per $1,000: |
$0 |
$100,000 |
$1.7500 |
$100,001 |
$200,000 |
$1.60 |
$200,001 |
$300,000 |
$1.35 |
$300,001 |
$500,000 |
$0.90 |
$500,001 |
$1,000,000 |
$0.69 |
$1,000,001 |
$3,000,000 |
$0.485 |
$3,000,001 |
$5,000,000 |
$0.455 |
$5,000,001 |
$10,000,000 |
$0.425 |
$10,000,001 |
$20,000,000 |
$0.420 |
$20,000,001 |
$30,000,000 |
$0.4150 |
$30,000,001 |
$40,000,000 |
$0.3650 |
$40,000,001 |
$50,000,000 |
$0.3500 |
$50,000,001 |
$100,000,000 |
$0.3500 |
$100,000,001 |
$300,000,000 |
$0.3500 |
$300,000,001 and above |
|
$0.2100 |
Mixed Collateral Transactions
In transactions of any amount where both real property and personal property secure the subject indebtedness and First American policies are simultaneously issued as to both real property and the personal property, the EAGLE 9® UCC Insurance Policy may be issued at a rate of 90% of the otherwise applicable rate.
Buyers Policies
In transactions in which the EAGLE 9® UCC Insurance Policy for Buyers is the only UCC insurance policy issued by First American, the rate shall be 50% of the applicable UCC Basic Insurance Rate, minimum $175.00, or $0.38 per thousand, whichever is more.
Simultaneously Issued Policies
In transactions in which both the EAGLE 9® UCC Insurance Policy and the EAGLE 9® UCC Insurance Policy for Buyers are issued, the EAGLE 9® UCC Insurance Policy for Buyers may be issued at a rate of 10% of the rate applicable to the EAGLE 9® UCC Insurance Policy, minimum $150.00, in addition to the rate applied to the EAGLE 9® UCC Insurance Policy. In transactions in which the amount of the EAGLE 9® UCC Insurance Policy for Buyers exceeds that of the EAGLE 9® UCC Insurance Policy, the rate applicable to such excess amount shall be 50% of the UCC Basic Insurance Rate.
The rates provided do not include reinsurance costs which may be applicable. Any reinsurance costs for an EAGLE 9® order will be charged in addition to the policy premium.
If you have any questions please feel free to contact any person below:
Joseph Pacheco
Western Regional Sales Director
5 First American Way
Santa Ana, CA 92707
Ph. (714) 337-5826
Fax (714) 250-8694
Email: hjpacheco@firstam.com |
|
Jill C. Sharif
Vice President,
National Sales Director
3859 Centerview Drive, Suite 300
Chantilly, VA 20151
Ph. (617) 721-7659
Fax (866) 404-2895
Email: jsharif@firstam.com |
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