Title insurance: The average cost of title insurance is 0.5 percent of the home's purchase price, though it does vary by state. (realtormag.realtor.org)
Not only has this aspect of the system allowed mortgage lenders to process loans more quickly, but it has also allowed them to do so without the additional cost of title insurance. (slaw.ca)
This makes the small cost of Title Insurance worth it for you in BC. (yourequity.ca)