Title Insurance for refinancing with the same bank

yes, it's ridiculous

If the same people are staying on as named owners you should not need it.

shop for a new mtge--youre dealing with thieves--bet the rate they offer is shit too

A bank will always require title insurance no matter how recent your last transaction was because they want to know that the survey shows no changes to the premises and that there are no new liens. The title insurance for the bank insures them against a loss, not you. A bank will not close a loan without title insurance.

You can typically buy a title date-down endorsement for a fraction of the cost if it's the same owner, same title insurance company, and same lender. Ask your lender to ask title company.