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Will a credit freeze prevent home title theft? Probably not. Your credit file and your home's title are two completely separate things. However, a credit freeze is worthwhile because it makes it more difficult for fraudsters to open loans in your name.

Yes, fraudsters could target your home title and try to transfer it into their name. This is also called deed fraud, and while it rarely happens, it's still worth protecting yourself against this and other types of identity theft.

Consider an owner's title insurance policy You may want to add an extra layer of defense to your property deed by buying an owner's title insurance policy. This service locks your home title, which gives you greater protection against deed fraud. It might even cover any costs involved if you are targeted.

These services do not actually ?lock? your title to prevent fraudulent deed transfers. Do you need this service to protect your home from property thieves? The answer is no.

However, in this case, they use it to obtain the title of your property. Once they have done that, they can then change the name on the property title to their own. This allows them to take out loans that are secured against your home or even sell it.

Get Title Insurance Conversely, homeowners title insurance protects you after buying a home. If unforeseen liens or financial claims come against your home, your policy will pay for legal fees and defend your right to stay in your home. This protection includes fending off fraudulent claims against your homeownership.

Here's our verdict. If you are looking for identity theft protection, Home Title Lock is going to be too simplistic for you. This service only focuses on monitoring the title to your home or property, looking for signs of potential deed fraud or title theft.