When purchasing a new home or renewing your policy, it's important to choose a dependable homeowners insurance company. By doing research on different companies, you can find a carrier you can trust and who will fit your needs. Here are a few tips on what to look for in a homeowners insurance company:
Financial Stability
Financial Stability Ratings® (FSRs) are useful when comparing insurers. Use Demotech to find the FSRs of homeowners insurance companies you are considering. The higher the rating, the greater the company's financial stability and capability to fulfill their financial obligations to their policyholders. Use this to help you determine a company in which you can place your trust.
Years in Business
When researching insurance companies, find out how many years they have been in business. Some people feel more comfortable than others when it comes to investing in a newer business. Although a newer business isn't necessarily better than an older one, you may be able to get a better idea of a company based on their history.
Customer Satisfaction Ratings
Hearing what previous and current policyholders have to say about their homeowners insurance company can be extremely beneficial. You can see first-hand through other policyholders' experiences and satisfaction with the company. Reading reviews and articles can give you a good idea on how the company treats its policyholders.
Edison is Here for You!
Take your time to research your carrier options, you deserve the peace of mind which only comes from knowing your biggest investment is protected by a reliable carrier. Keeping your family and home safe and protected is Edison Insurance Company's number one priority. Ask your agent how they can help make sure you have the proper coverage or call us at 866-568-8922.
