First American Title Insurance Company Review (2024)

First American Title Insurance Company stands as a stalwart guardian in the realm of property protection, offering a diverse array of coverage options tailored to every real estate transaction.

UPDATED: Apr 23, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Apr 23, 2024Fact Checked
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First American Title Insurance Company

Average Monthly Rate For Good Drivers

N/A

A.M. Best Rating:

A (Excellent)

Complaint Level:

Low

Pros

  • Comprehensive range of title insurance coverage options
  • Strong commitment to client satisfaction
  • Experienced legal team for dispute resolution
  • Reputation for reliability and excellence

Cons

  • Limited focus on auto insurance (mainly provides title insurance)
  • Not applicable for traditional auto insurance needs

Discover the safeguarding power of First American Title Insurance Company, an industry leader offering a range of coverage options tailored to diverse property transactions. From owner’s and lender’s policies to enhanced coverage for boundary disputes, First American ensures a seamless investment journey.

With a legacy of excellence and a commitment to client satisfaction, their expert legal team stands ready to protect your ownership, offering peace of mind and security. Explore how First American Title Insurance Company streamlines real estate closings and champions your property interests, as you embark on a future where your investments remain unassailable.

First American Title Insurance Company Insurance Coverage Options

In the intricate world of real estate transactions, First American Title Insurance Company stands as a guardian of ownership. Tailored to diverse needs, their coverage options offer a shield against potential legal entanglements.

First American Title Insurance Company provides a range of coverage options tailored to meet the diverse needs of property transactions. These coverage options include:

  • Owner’s Policy: Ensures homebuyers’ rightful ownership, protecting against potential legal claims.
  • Lender’s Policy: Shields lenders from property disputes by offering coverage against title issues.
  • Leasehold Policy: Offers protection for both lessees and lessors in leasehold property transactions.
  • Enhanced Owner’s Policy: Extends coverage to include boundary disputes and encroachments.
  • Residential and Commercial Policies: Tailored policies for various types of properties, whether residential or commercial.

With these coverage options, First American safeguards your investment and secures your property transactions with utmost care. With a portfolio designed to address various aspects of property transactions, First American is your ally in ensuring ownership that’s free from uncertainty and claims.

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First American Title Insurance Company Insurance Rates Breakdown

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Driver ProfileFirst American Title Insurance CompanyNational Average
Clean Record$155$119
1+ Ticket$184$147
1+ Accident$220$173
DUI$264$209
Poor Credit$267$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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First American Title Insurance Company Discounts Available

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DiscountFirst American Title Insurance Company
Anti Theft12%
Good Student18%
Low Mileage18%
Paperless10%
Safe Driver20%
Senior Driver15%

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First American Title Insurance Company is committed to providing value to its customers through various discount options. These discounts include:

  • Refinance Discount: If you’ve previously obtained a policy through First American, you can enjoy a discount when refinancing your property.
  • New Construction Discount: Builders and buyers of new construction properties can benefit from discounted rates.
  • Multiple Policy Discount: Insuring multiple properties or obtaining both owner’s and lender’s policies can lead to additional savings.
  • Homeowner Association (HOA) Discount: If your property is part of a certified homeowner association, you may qualify for a discount.

These discounts showcase First American’s dedication to making title insurance accessible and cost-effective for a wide range of property transactions.

How First American Title Insurance Company Ranks Among Providers

In the dynamic world of title insurance, several companies stand out as formidable competitors. Each brings unique strengths to the table, offering diverse solutions for property transactions. Let’s explore a few key players in this competitive arena:

  • Fidelity National Title Group: With a comprehensive array of title insurance services, Fidelity National is a go-to choice for securing both residential and commercial real estate deals.
  • Chicago Title Insurance Company: Boasting a rich history and nationwide footprint, Chicago Title is synonymous with reliability, providing title insurance and comprehensive escrow and closing services.
  • Stewart Title: Dedicated to enhancing the closing process, Stewart Title excels in title insurance, escrow, and closing services, prioritizing customer satisfaction for both residential and commercial clients.
  • Old Republic Title: A stalwart in the industry, Old Republic Title offers a wide range of policies and services, bolstering real estate transactions with its experience and expertise.
  • Commonwealth Land Title Insurance Company: As part of the Fidelity National Financial group, Commonwealth Land Title specializes in delivering title insurance solutions for both residential and commercial properties, backed by a robust network.
  • Title Resources Guaranty Company: Renowned for its innovative approach, Title Resources Guaranty Company introduces fresh perspectives to title insurance, catering to various real estate transaction needs.

In this competitive landscape, these companies strive to deliver excellence, adapt to industry trends, and provide unmatched value to those seeking secure and reliable property transactions.

Read more: American Digital Title Insurance Company Review

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First American Title Insurance Company Claims Process

Ease of Filing a Claim (online, over the phone, mobile apps)

First American Title Insurance Company offers multiple convenient avenues for policyholders to file claims.

Whether you prefer the traditional approach of calling their customer service or the modern convenience of using their mobile app or website, First American Title Insurance Company has you covered. The company understands the importance of providing a seamless and accessible claims process to accommodate diverse customer preferences.

Average Claim Processing Time

Efficiency is a key factor in the claims process, and First American Title Insurance Company is committed to delivering timely resolutions. On average, the company strives to process claims promptly, reducing the wait time for policyholders seeking assistance. Their dedication to efficiency can significantly impact the overall customer experience during the claims process.

Customer Feedback on Claim Resolutions and Payouts

The true measure of an insurance company’s claims process is the satisfaction of its policyholders. First American Title Insurance Company actively collects and values customer feedback regarding their claim resolutions and payouts. This feedback loop helps them continually improve their services and ensure that customers are content with the outcomes of their claims.

First American Title Insurance Company Digital and Technological Features

Mobile App Features and Functionality

First American Title Insurance Company offers a feature-rich mobile app that empowers policyholders with a range of tools and functionalities. From easy access to policy information to the ability to initiate and track claims directly from your mobile device, the app enhances the overall customer experience by putting essential services at your fingertips.

Online Account Management Capabilities

Managing your title insurance policies and related information has never been more convenient. First American Title Insurance Company’s online account management capabilities allow policyholders to review policy details, make payments, and access essential documents with ease. This online portal simplifies the administrative aspects of insurance, making it accessible 24/7.

Digital Tools and Resources

First American Title Insurance Company goes beyond the basics, providing policyholders with an array of digital tools and resources.

These resources include educational materials, calculators, and informative articles to help customers make informed decisions about their title insurance. The company’s commitment to leveraging technology to empower policyholders is evident in the wealth of digital resources available to them.

Frequently Asked Questions

What sets First American Title Insurance Company apart from other insurers?

First American’s comprehensive coverage and commitment to client satisfaction make it a standout choice.

How can I customize a policy for unique property transactions?

First American offers tailored solutions to fit the specific needs of diverse property transactions.

What support is available if a title dispute emerges post-purchase?

First American’s expert legal team will guide you through resolution, covering legal fees as per your policy.

Is First American’s coverage limited by location?

No, First American provides coverage across various geographical areas to protect your investments.

How does title insurance from First American impact real estate closings?

First American’s title insurance streamlines the closing process, ensuring a secure and smooth transaction.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

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