Our ability to pay claims is a point of pride for Stewart Title and is a commitment which dates back to the inception of our parent company over 120 years ago. This track record of paying claims has continued since we opened our offices in Canada over 20 years ago. Our proven commitment to maintaining financial strength indicates that Stewart will be there for our clients today and in the years to come.
Our financial strength is affirmed by the ratings our company has received from independent and leading financial rating firms.* When you obtain a title insurance policy from Stewart Title, you receive peace of mind that your real estate investment is backed by a company with real financial strength.
Stewart Title is renowned for its comprehensive protection and exceptional claims paying ability. We pride ourselves on our practical, experienced and result-oriented Claims Team who works to ensure that when a claim is received, it is handled diligently, professionally and in a timely manner.
Below are examples based on real-life claims resolved by our Claims Team:
Our insured homeowners accessed their residential property via a driveway thought to be theirs. When the adjacent neighbouring property was later sold, the new owner had their property surveyed which disclosed that our insureds’ driveway encroached onto the neighbours’ property. The new neighbours refused to allow our insureds to continue to have access to the driveway.
Our insureds obtained their own survey which confirmed that the driveway was not on their property. It was also discovered that their property abutted two roadways which became an issue, as one of the roadways was an undeveloped 80 foot long rock bluff and the other roadway was on a substantially different elevation than the insureds’ property. Our insureds had legal access to their property, but not actual access.
Coverage in Action: Stewart Title reimbursed the insureds more than $9,000 for the costs to have one of the roadways developed so that they had actual access to their property.