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How can I check on the reliability of my Insurer?

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Posted: Thu Jul 07, 2011 1:36 pm   Post subject: How can I check on the reliability of my Insurer?   I am a foreign resident and I just purchased a vacation home in Florida. I obtained a quote from an insurer whom I selected on the web. Is there a way to find out if my to-be insurer is a reliable company with a good history of relations & claims from customers?	DaddySam New member Joined: 06 Jul 2011 Posts: 2 1.21 Dollars($)
Posted: Thu Jul 07, 2011 6:35 pm   Post subject:    You can check the companies AMBest rating to see where they stand financially (keep in mind you are really looking for an A or better. This won't give you their customers service info. For that you could check some place like JDPower.com. However, I place little value on customer service ratings. They are usually bought in some way, are tainted and/or are simply a very limited snap shot of the service a company may or may not provide. Still better then nothing.	tcope Forum Expert Joined: 22 Nov 2006 Posts: 5199 Location: Salt Lake City, UT 286.08 Dollars($)
Posted: Thu Jul 07, 2011 9:41 pm   Post subject: How can I check on the reliability of my Insurer   Thanks You made me discover an important source of information	DaddySam New member Joined: 06 Jul 2011 Posts: 2 1.21 Dollars($)
Posted: Fri Jul 08, 2011 12:46 pm   Post subject:    Yes, the companies have been rated by various rating agencies - A.M. Best, Fitch, Moody's, Standard & Poor's	roddick Senior member Joined: 05 Oct 2005 Posts: 962 143.16 Dollars($)

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