Further Insurance Tips

Further Insurance Tips:
Make sure the insurance company is licensed and covered by the state's guaranty fund. The fund pays claims in case the company defaults. Your state insurance department can provide this information.
Check the financial stability, efficiency and soundness of the insurance company. Ratings from A.M. Best, Standard & Poor’s, and Moody’s Investors Services are available online and at most public libraries etc.
Research the complaint record of the company. Contact your state insurance department or visit the website of the National Association of Insurance Commissioners, which has a database of complaints filed with state regulators.
Once you pay your first insurance premium, make sure you receive a written policy. This tells you the agent forwarded your premium to the insurance company. If you don't receive a policy within 60 days, contact your agent and the insurance company.
Again, make sure you get updates on insurance reviews on policies you entered into.