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July 30, 2010
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Insurance Tips

10 Steps to Buying Auto Insurance

Step 8: Choosing the Right Insurance Company
From Edmunds.com

You now have most of the information in front of you that you need to make a decision. However, there is something more to consider. You can clearly see which company is least expensive, but when you need them to cover a claim, what kind of job will they do? To put it another way, which is the most reliable insurance company?

Below, we offer a number of issues to guide your thinking and help you reach a decision:

  1. Visit your state's department of insurance and check consumer complaint ratios and basic rate comparison surveys.
  2. Get in touch with local body shops or dealerships you trust and ask which insurance companies they recommend.
  3. Consider contacting an insurance agent for additional information about a particular company.
  4. Check out the financial strength ratings for an insurance company by referring to the A.M. Best and Standard & Poor's ratings.
  5. Look over J.D. Power and Associates' consumer satisfaction surveys reviewing auto insurance companies.
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