I'm currently buying a new house and received all the paperwork for the mortgage application and title insurance policy today. According to the lender's good faith estimate, the title insurance is supposed to cost $175. When I looked through the paperwork from the title company, the actual price of the policy was $1,262!! Naturally I'm calling all parties concerned and (politely) demanding an explanation. With such a huge discrepancy I'm wondering if the explanation I get will be truth. Anybody here in the title insurance business care to shed some light on the costs behind title insurance?