| Homeowners insurance company rankings can tell | | | | If your state insurance department doesn't list |
| you a lot about insurance companies. Here's | | | | insurance company complaints, you can get this |
| where to find insurance company rankings that will | | | | information at the California Department of |
| help you determine which company is best for | | | | Insurance website ( |
| your homeowners insurance needs. | | | | All major companies have had complaints filed |
| Consumer Rankings | | | | against them, so I recommend going with a |
| The best place I've found to get homeowners | | | | company that has a lower than average number |
| insurance consumer rankings is at J.D. Power & | | | | of complaints. |
| Associates (jdpower.com). They are an | | | | Financial Rankings |
| independent information company that conducts | | | | Financial rankings are a good way to determine an |
| customer surveys and provides unbiased | | | | insurance company's ability to pay its claims. A.M. |
| customer reviews and ratings on a variety of | | | | Best (ambest.com) rates insurance companies |
| products and services. | | | | based on their financial strength. A high rating |
| J.D. Power ranks insurance companies based on | | | | means a company has enough financial assets to |
| their policy prices, policy options, claims handling, | | | | pay it's claims. |
| and customer service. Their ratings go from five | | | | A.M. Best rates companies from A++ (their |
| circles (the best companies) to two circles (the | | | | highest rating) to D (their lowest). I recommend |
| worst). I recommend purchasing your | | | | purchasing insurance through a company with a |
| homeowners insurance with a company that has | | | | B+ rating or higher. |
| a rating of three circles or higher. | | | | Getting Low Cost Insurance With A-Rated |
| Insurance Department Rankings | | | | Companies |
| Every state has a department of insurance that | | | | The best place to get low cost homeowners |
| oversees insurance companies, and most states | | | | insurance is at an insurance comparison website. |
| have a website that provides insurance statistics. | | | | Some of these sites provide an online chat |
| One of the most useful statistics they provide is | | | | service so you can get answers to your |
| a list of complaints made against insurance | | | | homeowners insurance questions from an |
| companies by their customers. These complaints | | | | insurance expert, and get help in lowering your |
| are a good way to find out how reliable a | | | | insurance cost. (see link below). |
| company is, and how it treats its customers. | | | | |