A new website has been established for California consumers to view prices charged by California title insurance companies. The top 3 title insurance companies in California which share 75% of the business are First American Corp., Fidelity National Financial, Inc. and LandAmerica Financail Group, Inc.  The website, www.clta.titlewizard.com allows the California consumer make a choice about the most appropriate title insurance policy for thier new home purchase. The consumer can type in the zip code or city name and comparison shop without having to register or pay a fee. On the new website, the user types in the sales price and location of a house and then receives quotes from title insurers. Title insurance is not needed until a person sells or refinances his/her house. It is a short term policy that insures that there is no other ownership claims on the property and is required by lenders. Title insurance is one of the biggest costs paid by sellers and buyers in a real estate transaction in California.  Often the cost of such policies is paid by both seller and buyer.

Source: Los Angeles Times