There are portions of what you see as title insurance charges that are regulated by the state department of insurance. The premium charge is based on the amount of the insurance coverage (loan amount or purchase price). Other components of the premiums (endorsements & closing protection letter) are fixed amounts but are still regulated.
However, if you are seeing a cost on a good faith estimate in its present form, that amount is required to include certain other fees that the title insurance agency that they would use will charge. So in addition to the base premium & other regulated charges, some title agents will add other fees including settlement fees, notary fees, courier fees, wire fees, document fees, etc. that can be hundreds of dollars in addition to the regulated premiums. These other fees are not regulated to the same degree and vary by hundreds of dollars from one title agent to another.... more