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ARTICLE · 08 FEBRUARY 2023

Title Insurance: Your Title Fraud Security Blanket

Title fraud occurs where an imposter sells or refinances your home without your knowledge. The question then becomes: if it happens without your knowledge, how can you protect yourself?

CanadaInsurance

Title fraud occurs where an imposter sells or refinances your home without your knowledge. The question then becomes: if it happens without your knowledge, how can you protect yourself?

We see it in the media, "Impersonators posing as homeowners linked to 32 property fraud cases in Ontario and B.C"1. Unfortunately, this is nothing new, it is getting worse, and the current media coverage serves as an important reminder that it can happen to you too.

Let me introduce you to your Title fraud security blanket—Title insurance.

Title insurance protects you against losses related to your property's Title (which is the legal term referring to your legal ownership of a property). Coverage includes Title fraud protection.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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