Homeowners Insurance Ratings - Best Companies, Best Rates

Want to know where to find the bestThey rate companies according to coverage
homeowners insurance companies with the bestoptions, price, claims handling, satisfaction with
rates? Here's where to find them.company representatives, and overall experience.
Homeowners Insurance Company RatingsThese ratings give you a good idea of how a
There are a number of sources for homeownerscompany treats its customers and how reliable it
insurance company ratings. Here are three of theis in paying its claims. Ratings go from "Among
best ...the best" (highest) to "The rest" (lowest). Choose
Your State's Department of Insurancecompanies that are rated "About average" or
All states maintain a department of insurancehigher.
website, and most compile a yearly list ofA.M. Best (ambest.com)
complaints that have been made against insuranceA.M. Best rates insurance companies based on
companies. These complaints are a good way totheir financial strength. This measures an insurance
judge a company's reliability. Most companies havecompany's ability to pay its insurance claims. A
complaints filed against them, but if a companyhigh rating means a company has plenty of
has a large number of complaints as opposed toassets to pay it's claims.
other companies, you should avoid doing businessA.M. Best rates companies from A++ (the
with them.highest) to D (the lowest). When you buy
If your state doesn't list complaints, you can goinsurance you should pick a company that has a
to the California Department of Insurance websiteB+ rating or higher.
(insurance.ca.gov), or the New York StateBest Homeowners Insurance Rates
Insurance Department website (ins.state.ny.us) toBecause homeowners insurance rates can vary
get this information.as much as $1,000 or more between insurance
In addition to listing consumer complaints, thesecompanies, the best way to get the best
sites also list other information such as consumerhomeowners insurance rate is to compare rates
information guides, insurance FAQs (frequentlyat an insurance comparison website.
asked questions), and insurance updates.Some of these sites offer a chat service and a
J.D. Power & Associates (jdpower.com)toll-free telephone service so you can get
J.D. Power & Associates rates insuranceimmediate answers to your homeowners
companies based on the opinions of its customers.insurance questions (see link below).