Alright, two Star Wars references in two straight posts is enough. I'll ease up on those in the next few. I promise.

Noted Toronto Star contributor and Toronto lawyer, Bob Aaron, recently wrote an article about knowing what is covered by title insurance. I had also previously addressed this issue. In his article, he notes that both Stewart Title and First Canadian Title do not cover final utility bills, but that TitlePLUS would.

Shortly after the publication of his article, Stewart Title sent me notice stating that they would begin covering final utility bills. It's well known in the legal community that Stewart Title has had some bad press, and Aaron's article just makes their situation worse. It is unfortunate because I feel that they have the best policy ordering system out of all the title insurers I have dealt with.

With most title insurance companies, each of them are always working to be more competitive. If insurer A won't cover something, insurer B will and insurer B will make sure that everybody knows that insurer A won't help you. It's the nature of the business; everybody will pounce on the competition's weakness.

Again, before just accepting the title insurance policy that your lawyer tells you to buy, ask questions about coverage and service. It's your choice as to which title insurer to use.

 

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