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AM Best is another example of a third-party company that further analyzes an insurance carrier’s performance. Specifically, AM Best reviews a carrier’s historical financial health and strength ...
Switching car insurance companies is one of the best ways to potentially get a better rate. In many cases, insurers raise rates a little each year. In many cases, insurers raise rates a little ...
One of the best auto insurance companies, GEICO boasts a claims satisfaction rate from customers of 874 out of 1,000, based on J.D. Power’s independent study.
Since car insurance is regulated at the state level, there are 50 different pricing structures across the country, according to Consumer Reports. Some states require insurance companies to provide...
AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States.
The most well-known insurance specific rating company, the scores provided by AM Best are often considered the yardstick for financial strength in the industry. The highest rating offered is A++ ...
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