Are you thinking about choosing a new car insurance company? If so, you’re making a smart choice! changing your car insurance is one of the best ways to save money because, making the switch can save you hundreds of dollars per year but, in 2019 there are a lot of scammers out there so, before making the switch to a new insurer, make sure that you all the tips in this article.
Tips To Follow Before Choosing A New Car Insurance Company
- Avoid Scammers. Drivers should look for websites that report scams and place the reported companies on an exclusions list. Also, drivers are recommended to check the local Department of Insurance website. All insurance companies authorized to sell policies in an area are listed by the respective local Department of Insurance website.
- Look for insurers that are financially strong. Strong insurance companies are capable to pay their customers whenever they file a claim. Drivers can check the ratings of an insurer by visiting the websites of independent rating agencies like A.M. Best, Moody’s, Fitch, Standard & Poors. These agencies are known for their independence and the accuracy of their ratings.
- Look for insurers that have a high customers satisfaction rating. Customer satisfaction is very important for any insurance company. Drivers should look at the Auto Insurance Provider Ratings, that is released every year by J.D. Power. On this list, the insurance companies are rated based upon policy offering, billing, payment, pricing, and customer support.
- Check the complaint ratios. To find out about the complaint ratio of an insurance company, drivers can visit the Better Business Bureau website. Based on the complaint ratios and how they solve them, the insurance companies are rated from A+ to F. Drivers are recommended to select insurers that have low complaint ratios.