Top 3 Questions Answered About HomeLock Protection
Homeowners have many questions about HomeLock protection. As a leading name in title monitoring, it’s important to understand exactly what the service does and doesn’t do. We’ve compiled clear, factual answers to the three most common questions we hear.
1. Does HomeLock Prevent Fraud from Happening?
This is a common misconception. No title monitoring service can physically prevent a criminal from filing a forged document at the county records office. Just as a credit alert doesn’t stop a thief from trying to use your card, HomeLock protection doesn’t block the initial fraudulent act. Its purpose is to provide an **instant alert** the moment the act occurs, allowing you to stop the criminal before they can cause financial damage, like taking out a loan. It’s an alarm system, not a forcefield.
2. Is HomeLock the Same as Title Insurance?
No. Title insurance is a one-time policy you buy at closing that protects you from title issues from the past (like an old lien). HomeLock protection is an ongoing subscription that protects you from fraud that happens in the future (like a forged deed filed tomorrow). You need both for complete protection. Learn more in our Title Lock vs. Title Insurance guide.
3. Do I Still Need HomeLock if I Have an Alarm System?
Yes. A physical home alarm system protects your house from break-ins. HomeLock protects your legal ownership of the house itself. They are two completely different forms of security. A thief can steal your title from hundreds of miles away without ever setting foot on your property. For official information on property records, visit the USA.gov page on public records.
HomeLock™ is the one Property Fraud Protection service that CAN notify you before, during, and immediately after fraud occurs. If more homeowners had HomeLock™, we wouldn’t see so many scammers like this husband and wife who have defrauded dozens of homeowners!
See how DomiDocs and HomeLock™ can protect your home in this Press Release! This layered approach protects both your legal ownership and your financial identity. For more information, read our article on how HomeLock™ can protect you from Title and Deed Fraud.