Your ultimate insurance guide


Avoiding Disaster: Choosing the Right Auto Insurance Company

A great deal is at stake when choosing anBecause body shop managers must deal with a
auto insurance carrier. In addition to thenumber of insurance adjusters, they can
financial considerations, there are issuesprovide you with an inside look at insurance
such as reliability, quality of service, andcompanies. The managers will know, for
integrity. Luckily, there are certain stepsinstance, which companies offer the most
you can follow to ensure that you select anconvenient claims procedures. They'll also
auto insurance company that will meet yourknow which companies are particularly slow in
needs.processing  claims.
When choosing an insurance carrier,Another important source of information is
reputation carries a great deal of weight.J.D. Power and Associates, which rates
For instance, Allstate, Nationwide, and Stateinsurance companies in terms of variety of
Farm are well-known companies that havecoverage, rates, claims processes, and
managed to hold onto some clients for years.customer service. In recent years, Amica and
For additional guidance, you can consult yourErie have posted the best rankings with J.D.
state's department of insurance website. ThePower. These two companies have earned raves
website might offer consumer complaint ratiosfor finding ways to cover claims, when at all
which indicate exactly how many complaints anpossible. You might also want to consider an
auto insurance company has received for everyinsurer's financial strength by checking out
1,000 claims filed. This information can helpratings from A.M. Best and Standard and
you to better evaluate companies so that youPoor's. These ratings determine an insurance
have some idea how their customer servicecompany's ability to pay claims. Still, you
rates. You can then compare the list ofshould be aware of the fact that most
companies with low complaint ratios with thewell-known carriers are considered to be
list of companies with low premiums and seefinancially  sound.
if you can come up with any matches. Those
companies that combine stellar customerFinally, you might select your insurance
service with low rates offer you the bestcompany based upon the professionalism of an
deal  for  your  money.individual agent. Since you will have to work
closely with your agent, it is important to
If for some reason you cannot locatefind one that you can trust. You might
complaint ratios for your state, try lookingconsider consulting a relative or friend to
at the complaint ratios for other states.find out the names of some particularly
While an insurance company's operations mayefficient  agents.
vary from state to state, if a company posts
a high complaint ratio in a number of states,In the end, you may not find out just how
you should consider that to be a warningresponsive your insurance company is-until
sign. It is best to simply cross off youryou are faced with an accident. However, if
list any insurance company with consistentlyyou conduct extensive research before
high  complaint  ratios.selecting an insurance company and agent...if
you pay close attention to complaint
Another technique you can use when evaluatingratios...and you ask plenty of questions,
insurance carriers is to determine whichchances are good you will find insurance
insurers body shops in your area recommend.coverage you will be happy with.



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