RealEstateLatino.com
Google Web
home | spanish | foro casa | REL Blog
contact us @ (855) 777-RELN (7356)
MOST READED ARTICLES
::
Dog Owner Liability ... [ read more ]
::
NFCC Consumer Tips For Pr... [ read more ]
::
Buying and Financing a Ho... [ read more ]

Tools
:: Real Estate Glossary
:: Questions and Answers (Brought to you by Bill Arce)
:: Email US or Call @ 1.888.934.9779
:: Apply for a Loan
:: Homes by Email
:: Refinance your Mortgage
:: What's my house worth

search in InfoCenter: | |

InfoCenter
Print this Print Forward this Share

Choosing Your Insurance Company

Source: iii.org

There are many insurance companies, so choosing between them can be a challenge. Here are the main points to keep in mind when selecting an insurance company:

* Licensing  
Not every company is licensed to operate in each state. As a general rule, you should buy from a company licensed in your state, because then can you rely on your state insurance department to help if there’s a problem. To find out which companies are licensed in your state, contact the state insurance department.

* Price  
Many companies sell insurance policies and prices vary greatly from one to another, so it really pays to shop around. Get at least three price quotes from companies, agents and from the Internet. Yourstate insurance department may publish a guide that shows what insurers charge for different policies in various parts of your state.

* Financial Solidity  
You buy insurance to protect you financially and provide peace of mind. Select a company that is likely to be financially sound for many years, by using ratings from independent rating agencies.

* Service  
Your insurance company and its representatives should answer your questions and handle your claims fairly, efficiently and quickly. You can get a feel for whether this is the case by talking to other customers who have used a particular company or agent. You may also want to check a national claims database to see what complaint information it has on a company. Also, your state insurance department will be able to tell you if the insurance company you are considering doing business with had many consumer complaints about its service relative to the number of policies it sold.

* Comfort 
You should feel comfortable with your insurance purchase, whether you buy it from a local agent, directly from the company over the phone, or over the Internet. Make sure that the agent or company will be easy to reach if you have a question or need to file a claim.

A.M. Best Company, Inc. 
Ambest Rd. 
Oldwick, NJ 08858
908-439-2200
http://www.ambest.com

Fitch Ratings
1 State Street Plaza
New York, NY 10004
1-800-75-FITCH & 212-908-0500
http://www.fitchibca.com 

Moody's Investor Services
99 Church Street
New York, NY 10007
212-553-0300
http://www.moodys.com 

Standard & Poor's Insurance Ratings Services
55 Water Street
New York, NY 10004
212-438-2000
http://www.standardandpoor.com 

Weiss Raitings
15430 Endeavour Dr.
Jupiter, FL 33478
800-289-9222
http://www.weissratings.com 





Date In 12/20/2010 1:38:24 PM

<< home page Comentarios Add A Comment see comments( 0 )
AddThis Social Bookmark Button
 

InfoCenter Buyers!

:: HIRING A REAL ESTATE SALESPERSON [ read more! ]
:: Location-Location-Location [ read more! ]
:: TEN MOST COMMON HOMEOWNERSHIP QUESTIONS [ read more! ]
:: MOVING CHECKLIST [ read more! ]
:: Can a real estate agent really help me in buying and selling property? The answer is YES! [ read more! ]
:: What is homeowners insurance? [ read more! ]
:: Ten Important Questions to Ask Your Home Inspector [ read more! ]
:: Role of the Real Estate Broker [ read more! ]
:: Choosing Your Insurance Company [ read more! ]
:: How much homeowners insurance do I need [ read more! ]


Click to read the oldest articles --->

HOMES FOR SALE

Apply For a Mortgage never so Easy, call or click!






REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.

NAHREP - A registered trademark of the National Association of Hispanic Real Estate Professionals, which identifies a Real Estate professional member who subscribes to its strict code of ethics. RealEstateLatino.com has no affiliation with NAHREP.

The Fair Housing Act, 42 U.S.C. 3601 et seq., prohibits discrimination by direct providers of housing, such as landlords and real estate companies as well as other entities, such as municipalities, banks or other lending institutions and homeowners insurance companies whose discriminatory practices make housing unavailable to persons because of:


Contact us | About Us | Privacy policy
© 2007RealEstateLatino.com
Powered By Webwizard Web Development
William Arce Licensed Real Estate Broker New York State ~ License Number: 36AR1168838