AM Best ratings

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PostPosted: Wed Feb 11, 2009 9:48 am   Post subject: AM Best ratings  

Are the AM Best ratings accurate towards judging an auto insurance carrier? What else do I look for in a prospective auto carrier?
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Casper
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PostPosted: Wed Feb 11, 2009 10:46 am   Post subject:   

AM is one of the best insurance rating agency so surely you can make your decision based on that.along with that
here are some of the points you need to look forward while purchasing auto insurance. Rolling Eyes


    Decide what coverages you need

    Shop around and compare different companies

    Choice of deductible

    .Check out the Financial strength and Complaint index of the company

    Give correct information: Answer all the questions truthfully


Idea Idea Idea

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amit
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PostPosted: Wed Feb 11, 2009 11:56 am   Post subject:   

Amit you have hit it very right...the rank with the A.M. Best isn't everything while choosing the auto insurer. The policy holder also needs to assure he/she is getting just the coverage he/she requires.

The department of insurance is definitely the best source to know about the consumer feedback of the company. Therefore, along with the AM Best the OP should also check with the DOI.

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