With the recent storms we know Home Insurance is on everyones mind. Selecting the right insurance company is important. This article from Norton Insurance explains how companies are rated and why.
Companies are rated based on their ability to pay claims using their reserves, policyholders surplus, and reinsurance. Some companies are better prepared, with more money in reserve, than others are. The top companies are given A++ ratings and the weakest are given at F. The state won't even allow a company to sell insurance in its state if it doesn't meet certain requirements. These proactive actions keep consumers safe in case a major event comes along.
Continue reading this article How Strong is your insurance company.
Source : Norton Insurance