Insurance Company Financial Rating Services
To help you determine an insurer's financial stability you can check the safety ratings established by one of the many rating companies available. Some of the most widely used rating companies are:
A.M. BEST - assigns 15 different rating categories from A++ to F measuring a carrier's ability to meet their respective policyholder and other contractual obligations, and size categories ranging from I to XV. STANDARD & POORS - provides a review of an insurance company's claims-paying ability. FITCH RATINGS - rates from an investors and policyholder standpoint addressing concerns such as claims-paying abilities, financial fundamentals, details regarding capitalization, debt ratings, leverage, and asset quality. |