What must a title insurer, title agency, or title agent provide in terms of premium disclosure?

The requirement for a title insurer, title agency, or title agent to provide clear, conspicuous, and distinct disclosure of premiums and charges ensures that consumers fully understand the costs associated with their title insurance. This stipulation is essential in protecting consumers from hidden fees or unexpected costs at the time of closing. By requiring this level of transparency, it fosters trust between consumers and title insurance providers, allowing individuals to make informed financial decisions.

Clear, conspicuous, and distinct disclosure means the information must be presented in a way that is easy to read and understand, not buried in fine print or complex legal jargon. This approach is crucial in the title insurance industry, where clients may not have extensive knowledge about the services provided and the costs involved.

Other options focus on limited forms of disclosure or inadequate methods for conveying important financial information, which may not ensure that all consumers have access to a complete understanding of their obligations.