News: 2007 Press Release

SACRAMENTO - California Insurance Commissioner Steve Poizner joined California Land Title Association (CLTA) today to announce TitleWizard, the first website in the nation to allow consumers to compare Title insurance rates online.

"CLTA has answered the call to develop a high-tech solution in a first step to infuse competition into the Title insurance industry," said Commissioner Poizner. "Too often, consumers have to rely on a middle man to select their Title insurance. Now, consumers will be empowered to compare prices and services online with the touch of a button."

Consumers will be able to compare rates on nearly 100 Title insurance companies in California via the website, which utilizes a software-generated system to deliver up-to-date Title rates. Homeowners and individuals looking to refinance their homes will be able to search by zip code and other factors to find the most competitive provider in their area.

The website also offers a Consumer Education center, developed by CLTA to help homeowners navigate their way through a closing process.

The website can be accessed through www.clta.titlewizard.com or the Department of Insurance website at www.insurance.ca.gov.