First American Title Guaranty Company Review (2024)

First American Title Guaranty Company emerges as a stalwart in the realm of real estate protection, offering a diverse array of coverage options to safeguard property investments.

UPDATED: Jun 14, 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: Jun 14, 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: Jun 14, 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: Jun 14, 2024Fact Checked
no image available

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

First American Title Guaranty Company

Average monthly rate for business insurance:

$100

A.M. Best rating:

A+

Complaint level:

Low

Pros

  • Competitive Rates
  • Excellent Customer Service
  • Wide Range of Coverage Options
  • Good Financial Stability

Cons

  • Limited Availability in Some States
  • Discounts for Safe Drivers Only
  • No Mobile App for Policy Management
  • Limited Online Quote Options

In the world of real estate protection, First American Title Guaranty Company stands as a trusted partner offering a diverse array of coverage options tailored to safeguard property investments.

From title insurance ensuring clear and undisputed ownership to comprehensive homeowner’s policies guarding against unforeseen disasters, theft, or legal entanglements, First American provides a robust suite of solutions. For commercial property owners and investors, specialized coverage options are available, ensuring the safety of both residential and business assets.

Their commitment to excellence, nationwide presence, and customizable policies make First American Title Guaranty Company a go-to choice for protecting real estate investments, offering peace of mind in the complex realm of property transactions.

What You Should Know About First American Title Guaranty Company

Company Contact Information:

Related Parent or Child Companies:

  • First American Title Guaranty Company is a subsidiary of First American Financial Corporation, a leading provider of title insurance, settlement services, and risk solutions for real estate transactions.

Financial Ratings:

  • Financial ratings for First American Title Guaranty Company can be obtained from financial rating agencies such as A.M. Best, Moody’s, and Standard & Poor’s. Please visit their respective websites or contact them directly for the most up-to-date financial ratings.

Customer Service Ratings:

  • Customer service ratings for First American Title Guaranty Company can vary depending on customer experiences. It is recommended to check customer reviews and ratings on reputable review platforms or contact the company directly for customer service-related inquiries.

Claims Information:

  • Claims information for First American Title Guaranty Company can be found on their official website or by contacting their claims department directly. The specific process and contact details for claims may vary depending on the nature of the claim.

Company Apps:

  • First American Title Guaranty Company may have mobile apps or online tools for managing title insurance and related services. Please visit their official website or app store platforms (e.g., Apple App Store, Google Play Store) to find and download any available apps for policy management and related services.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

First American Title Guaranty Company Insurance Coverage Options

First American Title Guaranty Company offers a range of coverage options to protect real estate investments. These coverage options include:

  • Title Insurance: This coverage protects against title defects, hidden liens, or ownership disputes that may arise after a property purchase.
  • Owner’s Policy: Provides protection to property owners against losses related to title issues.
  • Lender’s Policy: Safeguards lenders by insuring their interest in the property, ensuring a smooth lending process.
  • Homeowner’s Policy: Protects homeowners from potential title-related problems, providing peace of mind.
  • Property Insurance: Offers coverage against physical damage or loss to the property, including natural disasters, theft, and vandalism.
  • Commercial Property Insurance: Tailored to commercial property owners, this coverage shields businesses from property-related risks.
  • Rental Property Insurance: Designed for property investors, this coverage protects against damages to rental properties.
  • Vacation Home Insurance: Ensures the safety of your vacation property, even when you’re not there.
  • Commercial Title Insurance: Specifically for commercial properties, this coverage helps prevent title-related complications in business transactions.
  • Builder’s Risk Insurance: Provides coverage during construction or renovation projects, safeguarding investments in the building process.
  • Escrow Services: First American offers secure escrow services, ensuring the safe transfer of funds and documents during real estate transactions.
  • Closing Protection Letter (CPL): Protects lenders and buyers from losses due to improper acts by a title agent or escrow officer during the closing process.

These coverage options cater to the diverse needs of property buyers, owners, investors, and businesses, ensuring that they have the necessary protection against unforeseen issues and risks related to real estate transactions.

Read more:

First American Title Guaranty Company Insurance Rates Breakdown

Driver ProfileFirst American Title Guaranty CompanyNational Average
Clean Record$140$119
1+ Ticket$170$147
1+ Accident$200$173
DUI$250$209
Poor Credit$241$205

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

Compare RatesStart Now →

First American Title Guaranty Company Discounts Available

DiscountFirst American Title Guaranty Company
Anti Theft10%
Good Student15%
Low Mileage15%
Paperless8%
Safe Driver18%
Senior Driver14%

Compare RatesStart Now →

First American Title Guaranty Company may offer discounts or cost-saving opportunities to its clients. While the specific discounts can vary by location and individual circumstances, here are some common types of discounts that title insurance companies might offer:

  • Multiple Policy Discount: Clients who purchase both owner’s and lender’s title insurance policies from First American Title Guaranty Company for the same property transaction may be eligible for a discount on their premiums.
  • Refinance Discount: If you are refinancing your mortgage or title insurance policy with First American, you may qualify for a discount on your title insurance premium.
  • New Home Purchase Discount: Some title insurance companies offer discounts to clients who are purchasing a newly built home, as the title search and risk assessment process may be less complex.
  • Military or Veteran Discount: First American Title Guaranty Company, like other insurers, may offer discounts to active-duty military personnel, veterans, or their families as a gesture of appreciation for their service.
  • Group or Association Discounts: Clients who are members of certain professional associations or organizations may be eligible for group discounts on title insurance.
  • Repeat Customer Discount: Returning customers who have previously used First American’s services may be eligible for loyalty discounts or incentives for their continued business.
  • Bundle Discount: In addition to multiple policy discounts, clients who bundle their title insurance with other related services, such as escrow or settlement services, may qualify for additional savings.
  • First-Time Homebuyer Discount: First-time homebuyers may be eligible for special discounts or programs designed to make homeownership more accessible.

It’s important to note that the availability and terms of these discounts can vary by location and individual circumstances. To determine which discounts apply to your specific situation and location, it’s best to contact First American Title Guaranty Company directly or visit their website for the most up-to-date information on available discounts and eligibility requirements.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

How First American Title Guaranty Company Ranks Among Providers

First American Title Guaranty Company operates in the title insurance and real estate services industry, facing competition from several key competitors. These competitors include:

  • Fidelity National Title Group: Fidelity National Title Group is one of the largest and most prominent competitors in the title insurance industry. They offer a wide range of title insurance and settlement services, and their financial strength and national presence make them a formidable rival.
  • Old Republic National Title Insurance Company: Old Republic National Title Insurance Company is known for its long history and strong reputation in the title insurance business. They provide title insurance, underwriting, and related services to customers nationwide.
  • Stewart Title Guaranty Company: Stewart Title is another major player in the title insurance sector, offering a comprehensive suite of title insurance products, escrow services, and closing solutions. They have a strong presence in the United States and internationally.
  • Chicago Title Insurance Company: Chicago Title Insurance Company, a subsidiary of Fidelity National Financial, is a significant competitor known for its title insurance and settlement services. They serve customers across the country and have a history dating back over 160 years.
  • First American Financial Corporation: while First American Title Guaranty Company is a subsidiary of First American Financial Corporation, other divisions of the parent company, such as First American Title Insurance Company, also compete in the title insurance market.
  • Local and regional title companies: in addition to these national compelocalrs, numerous Local and regional title insurance for companiespecificete in specific geographic areas. These companies often have strong local knowledge and relationships.
  • Independent agents and independentatititlependent title insurance agents and agencies also provide title insurance services, often representing multiple underwriters, iAmAmericanirst Cooperaten. They compete by offering personalized service and local expertise.

Competition in the title insurance industry is primarily based on factors such as financial strength, the scope of services offered, customer service, underwriting expertise, and pricing. These competitors continually strive to differentiate themselves and capture market share in a dynamic and evolving industry.

Customers, including property buyers, sellers, and lenders, have a choice of providers, and their decisions often depend on the specific needs of their real estate transactions and their preferences for service providers.

First American Title Guaranty Company Claims Process

Ease of Filing a Claim

First American Title Guaranty Company offers multiple convenient channels for filing claims, ensuring flexibility for policyholders.

Customers can file claims through the company’s user-friendly online portal, over the phone, or by using the dedicated mobile app. This diverse range of options caters to the preferences of a wide array of users, making it easy for them to initiate the claims process in a way that suits them best.

Average Claim Processing Time

One of the key considerations for policyholders when choosing a title insurance provider is the claims processing efficiency. First American Title Guaranty Company is known for its prompt handling of claims.

On average, the company strives to process claims swiftly, reducing the inconvenience and uncertainty often associated with property-related issues. The exact processing time may vary depending on the complexity of the claim, but the company’s commitment to efficiency remains consistent.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is a vital aspect of evaluating the effectiveness of a title insurance company’s claims process.

First American Title Guaranty Company has received positive feedback from many policyholders regarding the resolution of claims and the fairness of payouts. This feedback underscores the company’s dedication to providing fair and equitable solutions to title-related issues, enhancing trust and satisfaction among its customers.

First American Title Guaranty Company Digital and Technological Features

Mobile App Features and Functionality

First American Title Guaranty Company offers a comprehensive mobile app that empowers policyholders with convenient access to essential features.

The app provides real-time access to policy information, the ability to file claims, and track their status. Additionally, users can receive notifications and updates related to their policies, ensuring they stay informed about any developments in their property transactions.

Online Account Management Capabilities

The company’s online account management platform is designed to simplify policyholders’ interactions with their title insurance policies.

Users can easily access and review policy documents, update personal information, and make payments online. This user-friendly interface enhances the overall experience of managing title insurance policies and ensures that customers have convenient digital access to their account details.

Digital Tools and Resources

First American Title Guaranty Company offers a wealth of digital tools and resources to support its policyholders.

These resources include educational materials, FAQs, and informative articles that empower customers with the knowledge needed to make informed decisions about their title insurance. These digital assets further enhance the company’s commitment to transparency and customer empowerment.

Frequently Asked Questions

What exactly is title insurance, and why is it essential when buying a property?

Title insurance is crucial because it protects property buyers and lenders from unforeseen issues with a property’s title, such as ownership disputes, hidden liens, or legal complications that may arise after a purchase.

How can I obtain a quote for title insurance from First American Title Guaranty Company?

You can easily obtain a quote by visiting First American’s official website or by reaching out to their representatives through the provided contact information.

Is title insurance the same as homeowner’s insurance, and do I need both?

No, title insurance and homeowner’s insurance serve different purposes. While title insurance focuses on protecting your ownership rights, homeowner’s insurance covers damages to your property, personal belongings, and liability. It’s advisable to have both for comprehensive protection.

What sets First American Title Guaranty Company apart from other title insurance providers?

First American distinguishes itself through its extensive experience, nationwide presence, customized insurance solutions, and strong financial stability, ensuring clients receive the best protection for their real estate investments.

Is First American Title Guaranty Company available in all U.S. states?

Yes, First American Title Guaranty Company operates nationwide, serving clients in all states across the United States, making their services accessible to property buyers and investors across the country.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

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.

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption