3. Check the Insurer’s Reputation
Price isn’t the only factor to consider when choosing an insurance company. It’s also important to select a reputable insurer with good customer service.
Check online reviews and ratings, and ask friends and family for recommendations. Additionally, consider the insurer’s financial stability by checking their ratings with agencies like A.M. Best, Standard & Poor’s, or Moody’s. A financially stable company is more likely to be able to pay out claims promptly.
