| Looking for a reputable homeowners insurance | | | | experience - how customers are treated by the |
| company? Here's how to find the top | | | | company. 2. Policy offerings - how customers |
| homeowners insurance companies the easy way. | | | | liked the company's policies. 3. Pricing - how |
| Top Homeowners Insurance Companies | | | | customers rated the price of their policies. 4. |
| In the world of insurance companies the biggest | | | | Insurer contact - how customers rated their |
| isn't always the best. In fact many of the smaller | | | | experiences with their agent or call center |
| companies will give you better service because | | | | representative. |
| they're hungry for your business, so you should | | | | This is a great site to find out how customers |
| always check a company's ratings before you | | | | liked various aspects of an insurance companies |
| purchase their insurance. | | | | service, policies, and prices. But it doesn't tell you |
| There are a number of ways to judge a | | | | how many complaints a company has received. |
| homeowners insurance company - financial ratings, | | | | To get that information you need to go to ... |
| customer service, claims experience. And there | | | | Your State's Department of Insurance Website |
| are a number of websites where you can get | | | | All States have a Department of Insurance |
| information about them. | | | | website and most of those sites list the |
| Here are three of the better websites that rate | | | | complaints that have been filed against insurance |
| insurance companies. | | | | companies. To find your state's website, do an |
| A.M. Best (ambest.com) | | | | Internet search for: "(your state) department of |
| A.M. Best rates insurance companies based on | | | | insurance." |
| three criteria: 1. Financial strength - a company's | | | | If your state doesn't list company complaints, you |
| ability to pay claims. 2. Credit worthiness - a | | | | can go to the California Department of Insurance |
| company's credit rating. 3. Indebtedness - a | | | | website - insurance.ca.gov - to get this |
| company's ability to pay it's security holders | | | | information. |
| (debtors and stockholders). | | | | Bottom Line |
| This is a good website to visit if you want to | | | | Like many of the Katrina hurricane victims, you |
| know how strong a company is financially, but if | | | | don't want to find out your insurance company |
| you want to know how a company rates with it's | | | | won't pay your claim when you need it, so use |
| customers then you need to go to ... | | | | the websites above to check out your company |
| J.D. Power (jdpower.com) | | | | to make sure they're stable, reputable, and will |
| J.D. Power rates companies based on: 1. Overall | | | | pay your claims. |