The average price of a house in Ontario, Canada is $922K: \* https://wowa.ca/ont... | Hacker News

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		throw0101a on Jan 15, 2022 \| parent \| context \| favorite \| on: It’s not still the early days of blockchain The average price of a house in Ontario, Canada is $922K: * https://wowa.ca/ontario-housing-market When purchase through a lawyer, title insurance in Ontario is around $250: * https://www.getwhatyouwant.ca/what-the-heck-is-title-insuran... 250 / 922000 = 0.000271 or 0.03%. I've had bar tabs larger that $250.

UncleMeat on Jan 15, 2022 [–]

It is true that the price of title insurance is very small compared to the price of the house. But their expected payouts are still a smaller percentage of their premiums than other insurance.

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