re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict

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Ok, you can't read. I specifically said that I'd had title insurance when I took possession initially , but then had to purchase title insurance again, when I essentially bought it from myself.

The first time, I paid $4038 for title insurance. The refi title insurance was $2k, when I was supposedly insuring that the title I'd already gotten insured needed to be insured again.

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Standard title insurance insures the mortgage company and is tied to that particular mortgage. If you refi, you need title insurance on that new mortgage. Just like buying a new car, even though you are the same driver, you need a new ins policy.

I'm not saying it's not a racket.

If you bought an owner's policy, then I would think that should carry over regardless of refi. But standard title insurance covers the mortgage company, not the owner. New mortgage, new policy.