As a consumer, you have a lot of resources at your disposal to make sure you are getting the best deal on good and services - this also includes your insurance company. There are many insurance rating organizations who judge insurance companies based on financial stability, customer satisfaction, claims services and the overall purchasing experience.
Here are some of the best known insurance rating organizations:
- The American Customer Satisfaction Index (ACSI)
- Ward Group
- J. D. Power & Associates
- Demotech, Inc.
- Moody's Investors Service
- Weiss Ratings
Of course, these organizations can't tell you everything - like the gut feeling you get when greeted by an insurance agent or the relief you feel by the personal service you receive from your insurance company. However, rating organizations give you a good place to start your search if you don't already have an insurance company.