Although most people are aware of the danger of credit card
fraud, many are unaware of the even greater danger posed by
title fraud. Title fraud occurs when a fraudster takes over
title to your home, without your knowledge. Usually this is done
by some form of identity theft, or fraud by forgery, and the
real estate industry estimates that it costs Canadians between
300 million and 1.5 billion each year!
And according to industry insiders there is virtually nothing
any homeowner can do to prevent it. Fortunately insurance is
available to protect you from unscrupulous fraud artists. Until
recently title insurance could only be purchased at the time you
bought your home, however now it can now be purchased even if
you already own your home.
If you did not receive title insurance when you purchased your
home, you can now obtain protection and peace of mind with a
Platinum title insurance policy from Utter Morris Insurance. The
policy is back by Canada’s leading provider of Title Insurance –
First Canadian Title.
Purchasing title insurance is easy – just
email us
and request an application – simply complete the application and
return along with a copy of your home’s municipal assessment
showing the current assessed value. We will contact you with a
premium estimate - premiums average around $400. Best of all, it
is a one time fee, good as long as you own your home!
