Affordable Homeowners Insurance — Check An Insurance Company’s Standing;Don’t Be Deceived Cheap Premiums

You’re advised to consider this if you want affordable homeowners insurance   rates: While getting low rates should excite you, you should be more concerned about an insurer’s rating. It is one thing to pay your premiums faithfully and another thing for an insurance company to abide by policy terms. It doesn’t take a lot of time to verify from your state’s department of insurance website. You can simply find out an insurer’s rating there (and even if they are licensed to offer insurance in your state). 

You can also obtain helpful information about an insurer from independent bodies like BBB, A.M Best Company, Phelps, Inc., Standard & Poor’s Insurance Rating Services, Moody’s Investor Services, Inc.

9 September 2009 | Home