What is Title Insurance and Why does it matter??

Why Title Insurance Matters

Title fraud is an increasingly common risk in Canada, especially for homeowners who’ve paid off their mortgage. Fraudsters can access public records to identify properties with no mortgage registered, making those homes easier targets.

For many, being mortgage-free is a point of pride — and a well-earned one. But once your mortgage is discharged, your title is left unprotected unless something remains registered. That’s where title insurance or a home equity line of credit comes in. Either option places a layer of protection on your title, making it more difficult for fraudsters to register a fake mortgage against your property.

Whenever someone calls to say, “Jacquie, I’ve paid off my mortgage,” I always say the same thing: congratulations — now let’s take the next step and protect your title.

If you’re unfamiliar with how title fraud works or how to guard against it, I highly recommend this article by Deeded:

The Ultimate Guide to Protecting Your Home from Title Fraud in Canada

It’s a clear and practical read — and an important one for anyone who owns a home.