At point of claim does anyone care about how much their premium was? Choosing the coverage and insurance program that is right for you is most important. Your insurance company’s financial rating is also important.
No matter what rate a company offers for coverage, it is useless if they can’t pay a claim. There are many rating organizations, the most popular being A.M. Best. Most use a rating system A through F. Ratings reflect the financial security of a company based upon the financial information they are required to submit to the state.