Now that the school year has started are you ready for those report cards? Not just students are graded, so are insurance companies.
They are called ratings. These ratings are administered by independent companies. They are sort of like a report card on various aspects of a company's financial strength.
Best's Insurance Reports is an example of a popular independent insurance rating company. Similar to a report card, the ratings range from A+ to a C.
Now that you know..have you checked your insurance company's grade yet? Need to know how? It's easy-just call your insurance agent or company and ask.
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