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10 Steps to Buying Auto Insurance |
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Page 8 of 12
Step 8: Choosing the Right Insurance Company
By Philip Reed
You now have most of the information in front of you that you need to make a decision. However, there is something more to consider. You can clearly see which company is least expensive, but when you need them to cover a claim, what kind of job will they do? To put it another way, which is the most reliable insurance company?
Below, we offer a number of issues to guide your thinking and help you reach a decision: - Visit your state's department of insurance and check consumer complaint ratios and basic rate comparison surveys.
- Get in touch with local body shops or dealerships you trust and ask which insurance companies they recommend.
- Consider contacting an insurance agent for additional information about a particular company.
- Check out the financial strength ratings for an insurance company by referring to the A.M. Best and Standard & Poor's ratings.
- Look over J.D. Power and Associates' consumer satisfaction surveys reviewing auto insurance companies.
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Insurance