Selling a Home? BCAA Members Save on a New Type of Home Closing Insurance with SecureMyOffer

Home Closing Insurance gives sellers up to $250,000 to help them manage extra costs and still complete purchase of their new home if a buyer fails to close

Burnaby and Vancouver, BC, October 21, 2026 – Through a new partnership, BCAA Members selling a home now save $50 on valuable protection from SecureMyOffer’s Home Closing Insurance for BC home sellers.

This relatively new type of insurance is designed specifically to help sellers with costs related to a buyer pulling out or delaying a closing date.

Buying a new home is often funded by the equity in a home being sold. If closing slips, that money isn’t there. The seller’s home purchase, deposit and moving plans are suddenly at risk, and they are still paying the mortgage, taxes and utilities on a home they meant to leave.

If a buyer delays or defaults on a firm deal, SecureMyOffer’s insurance provides the seller with emergency access to some of their home equity to help them still close on the purchase of their next home. It also covers costs of carrying and relisting the original home. Coverage choices of up to $250,000 are available.

How to buy

1. Get a free quote at https://bcaa.securemyoffer.com. It takes about 5 minutes, with no obligation.
2. Get your quote preapproved before receiving or accepting an offer on your home, so you know what you’ll pay and be able to buy your policy quickly when you get a firm offer.
3. Cost: Coverage starts from as low as $349 and BCAA Members save $50.
4. Questions: call 1-833-766-2329.

Home Closing Insurance was developed to support home sellers with some key financial risks. According to SecureMyOffer, when a deal collapses outright, the deposit often doesn’t cover the loss, and getting the deposit back can be slow, too. In BC, a disputed deposit stays in trust until both sides agree or a judge rules.

Morgan Girouard, CEO, SecureMyOffer, says, “When a buyer can’t close on time, the seller’s next home purchase is suddenly short of the money it depends on. Home Closing Insurance gives sellers emergency access to their equity to help them still move into their next home, and it also helps with costs of carrying and relisting the old one.”

Patrick Haunschmidt, Director, Insurance Products at BCAA, says, “Home insurance is already an important part of any house move. Adding access to this relatively new type of coverage from SecureMyOffer is another way that we can help BCAA Members and customers with options to feel more confident and protected at every step of the moving process.”

SecureMyOffer Home Closing Insurance includes:

1. Emergency equity advance. Access to some of the equity in the original home if the buyer delays or defaults, to help the seller still close on the home they’re buying.
2. Carrying costs until the home is resold. Coverage for mortgage payments, bridge financing, property taxes, utilities and insurance on the original home.
3. Relisting costs. The cost of putting the home back on the market, such as staging.
4. Resale shortfall. If the home resells for less than the original accepted offer, coverage pays the difference, together with the advance, up to the policy limit.
5. Legal costs to pursue the buyer.

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For further information or to set up an interview, please contact:

About BCAA

Driven by its purpose to move British Columbians forward, BCAA (British Columbia Automobile Association) is a long-standing BC Top Employer serving half of households in BC with mobility and protection services including Membership, Insurance, Auto Marketplace, Task Marketplace, Auto Service Centres, Evo Car Share and Evolve E-Bike & E-Scooter Share. BCAA invests in programs and initiatives to make a positive impact by protecting people and communities, recognizing that the place we call home is all of Ours to Protect.

About SecureMyOffer

SecureMyOffer is Canadian home closing insurance. If a buyer delays or backs out of a firm deal, the seller still gets paid on their original closing day. Insurance is underwritten by Accelerant, an A-rated (AM Best) carrier, and is available across Canada, except Quebec. Visit securemyoffer.com.

Insurance disclosure

Home Closing Insurance is offered and administered (including with respect to claims) by Securemyoffer.com Inc. (SMO), a Managing General Agent. The product is sold through the broker, Oasis Outdoor Adventure & Sports Insurance Solutions Inc. (Oasis), a licensed insurance agency, and is underwritten by Accelerant Insurance Company of Canada (Accelerant). The insurance transaction is between the customer and Accelerant. B.C.A.A. Holdings Ltd., dba BCAA Insurance Agency, receives referral fees from SMO for customers who purchase Home Closing Insurance policies through a BCAA referral.

Coverage is subject to the terms, conditions and eligibility requirements of the policy.