Introduction:

When it comes to protecting your most valuable asset, your home, a home warranty can provide peace of mind. Home warranties are service contracts that cover the repair or replacement of important home system components and appliances that break down over time. One of the leading providers in this field is the First American Home Warranty Corporation. Here, at Priority 1 Lending, we strive to provide you with comprehensive knowledge about various aspects of home management and ownership, and this includes understanding home warranty services.

Understanding First American Home Warranty:

First American Home Warranty, a subsidiary of the First American Corporation, has been providing homeowners with warranty services since 1984. They offer coverage for an array of home systems and appliances, serving as a shield against the unexpected expenses that can come from sudden breakdowns.

What Do They Cover?

First American Home Warranty offers two primary plans: the Basic Plan and the Premier Plan. The Basic Plan provides coverage for essential home appliances such as dishwashers, refrigerators, washers and dryers, ovens, and garbage disposals.

On the other hand, the Premier Plan covers everything in the Basic Plan, plus major home systems. These include the heating and electrical systems, plumbing, water heaters, and central vacuum systems. You can also add optional coverage for items like pool or spa equipment, additional refrigeration systems, and well pumps.

Why Consider a Home Warranty?

A home warranty service like First American can be beneficial in many ways:

1. Financial Protection: Home warranties provide financial protection against the high cost of home system or appliance repairs or replacements that are not covered by homeowner’s insurance.

2. Convenient: When a covered item breaks down, you simply contact the warranty provider, and they arrange for a service contractor to diagnose the problem and offer solutions.

3. Access to Qualified Contractors: Home warranty companies maintain a network of licensed, pre-screened, and qualified contractors to handle all types of home repairs.

Limitations and Exclusions:

While home warranties provide beneficial coverage, they don’t cover everything. Always be sure to read the service agreement to understand what is and isn’t covered. Limitations may exist on the maximum amount a plan will pay out, and certain causes of damage may not be covered.

Claims and Customer Service:

First American Home Warranty is known for its simple claims process. When a covered item breaks down, you file a claim online or by phone. The company then sends out a contractor to diagnose the issue and suggest a repair or replacement. Their customer service is available 24/7, which means help is always a call away.

Conclusion:

A home warranty from a reliable provider like First American can be a valuable investment for homeowners. It gives you financial protection against unexpected breakdowns and offers a convenient solution for getting repairs done quickly and efficiently. However, it’s crucial to understand the terms and coverage of your warranty plan. At Priority 1 Lending, we’re committed to empowering you with information to make informed decisions about your home. With this guide, we hope you’ve gained a clearer understanding of how a First American Home Warranty can play a role in your home ownership journey.