TAG | top homeowners insurance companies
Author: Stacy Fox
Source: ezinearticles.com
What are the top homeowners insurance companies out there? J.D. Power and Associates gives awards annually which evaluate many components of insurance satisfaction and performance. They are: overall experience, contacting the insurer, policy offers, billing and payment, and pricing.
The 2009 top award went to Amica Mutual, which received 5 stars across the board. This 102 year old company has 34 regional offices across the United States.
Next up came Auto-Owners which, despite its name, also covers home insurance and Erie Insurance.
Tying for the bottom spot are the following three companies: Traveler’s Insurance, the Fireman’s Fund, and AIG.
J.D. Power and Associates recommends that you shop for homeowners insurance on more than the basis of price. Service is also an important measure.
In addition, make sure that when you shop on price you are comparing apples to apples. Many companies claim to have the lowest prices but also have limited coverage.
If you are looking for the top homeowners insurance companies, you should also ask your friends and neighbors if they are satisfied with their own insurance. You may get leads on good local companies or on national companies with good regional service offices.
If you are going to select a smaller local or regional insurance company, go to the AM Best Website to make sure their financial situation is such that they could pay out even if a major catastrophe hit the region. The last thing you want is for your insurance company to go under when you need them most.
And that is how you find the top homeowners insurance companies
—> Click here to learn more about top homeowners insurance.
