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Why do I Need Title Insurance
Suppose you woke up one day and found that your home is no longer in your name? You have been a victim of fraud in which an individual obtain information in order to transfer his name onto your property title. With title insurance, you can enjoy your new home without fear or trepidation that it will one day be taken from you. A title insurance policy will also provide coverage due to losses incurred in the event of fraud.
Buyer Beware
Unlicensed brokers, such as lawyers or real estate agents, will be quick to offer to write your policy. They are neither well-versed on title insurance coverage, and do not have the legal authority to assist you if a claim is filed. Choose a licensed broker such as Liane Wood of Brokerforce Insurance Inc.
First Canadian Title
Purchasing title insurance is as serious as purchasing your first home. Unless you deal with a reputable company, who incorporates licensed title insurance brokers, you may be in for trouble. While unlicensed brokers will utilize whatever means necessary to obtain your business - First Canadian Title is a leader in the industry and has been for the last 6 years. Think First Canadian when purchasing your first home. It's the best choice you can make.
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