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We would like to inform you about two important changes to our premium structure for Ontario residential title insurance policies ordered on or after February 3, 2025.
Residential Premiums
To better reflect current market conditions and risks associated with residential transactions, a nominal increase will be applied to our base title insurance premiums. Specifically, there will be an increase of $25 for resale and new home purchases, $10 for condo purchases, and $10 for refinances.*
These changes were made after careful consideration and are our first cost-related adjustments to base premiums in over a decade. Our premiums remain competitive, and your transactions continue to be backed by our industry-leading coverage, underwriting expertise, and outstanding claims paying record.
Please note that a $25 premium reduction will continue to apply on orders where a Treefort Identity Verification has been completed for each purchaser or borrower in the transaction.
To download a copy of the new premium tables, click here.
Examining Counsel (EC) Fees
We are pleased to announce that we will be raising the EC fees paid to our EC Members. This will include an additional $25 for resale and new home purchases, $10 for condo purchases, and $10 for refinances.*
Become an EC Member
Stewart Title’s EC Program was an industry first and remains the leading program designed to keep legal professionals at the forefront of real estate transactions. It makes title insurance coverage conveniently available through online ordering at competitive rates. EC Members receive an EC fee as compensation for the legal work they do as Examining Counsel.
To join our EC Program, click here.
For additional assistance, please contact your Business Development Manager.
As always, we deeply value your business and thank you for your support!
Jan 8, 2025 | ON
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