Is "First America" home buyers protection corporation,enjoy biddable warranty plan?

I get correspondence that offer me if i will wage 40$ a month they will cover adjectives damages at my home ,if they can't refix they will replace it.Is it true or no?Advice me is it fitting warranty?
http://homewarranty.firstam.com/default.

Answers:
They are NOT RATED by AM Best, at their own request. That scare me. I wouldn't buy insurance from an unrated company.

Notice the wording they use - especially the words 'insurance' and 'coverage', which might be missing. Also, be sure to check the DEDUCTIBLE and the EXCLUSIONS.

Lastly, past you buy, beckon your local BBB, and see if they enjoy complaints on report.

Remember, $40 a month is $480 a year. Add that to your deductible, and amount, economically, they're contained by it to gross money - so you're more possible to come out ahead, NOT buying their plan.
Old Republic is much better.


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