Insurance Company Complaints – Top 10 Companies of 2012 With Least Number of Complaints

The New York State Department of Insurance (DOI) recently released the 2012 Annual Ranking of Automobile Insurance Complaints. The report is issued to help consumers find the automobile insurer that best meets their needs.

This report analyzed data collected from 2010 and 2011. It ranks companies doing business in the State of New York. However, as New York is a heavily populated state, with both big cities and big urban areas, the report can be considered a good representation of insurance company performance nationwide.

Use this report to see where your present car insurer ranks. You MAY want to switch insurance companies after reading this article.

2012 Auto Complaint Listing (best rank at top, more complaints as you go down)

1. Kemper Ins.
2. Progressive Northwestern Ins.
3. Great Northern Ins.
4. Merchants Preferred Ins.
5. Main Street America Ins.
6. Unitrin Auto and Home Ins.
7. Utica National Insurance of Texas
8. Old Dominion Ins.
9. Encompass Indemnity
10. Unitrin Preferred Ins.
11. Commerce and Industry Ins.
12. Encompass Insurance
13. America Automobile Insurance of Hartford
14. TravCo Ins.
16. Economy Premier Assurance
17. Barkers Standard Ins.
18. Travelers Indemnity
19. 21st Century Ins.
20. Nationwide Affinity Ins.
21. Ameriprise Ins.
22. Charter Oak Fire Ins.
23. Encompass Home and Auto Ins.
24. Electric Insurance
25. Nationwide Mutual Fire Insurance
26. Republic-Franklin Insurance (Utica)
27. Citizens Insurance
28. American Modern Home Insurance
29. Hartford Accident and Indemnity
30. Encompass Property and Casualty
31. 21st Century Premier Insurance
32. Nationwide Property and Casualty
33. Massachusetts Bay Insurance
34. Unitrin Advantage Insurance
35. Central Mutual Insurance
36. Associated Indemnity Corporation
37. Response Worldwide Insurance
38. American Bankers Ins.
39. National General Ins.
40. Vigilant Ins.

Conclusion

NONE of the major national companies whose ads you see on TV made the Top Ten!! The only one to break the Top TWENTY was 21st Century! There is only one other major national company in the TOP 40, and that is Nationwide.

What should that tell you?

If your present auto insurer is not shown on this list, maybe they don’t sell insurance in New York. But it likely means that their number of complaints is worse than the #40 position!

Consider this next statement carefully, my friends.

The only thing that matters about your insurance is what happens when you submit a claim. Claims are about KEEPING PROMISES. When the insurance companies don’t keep their promises, the state Departments of Insurance gets lots of complaints!

The DOI report is issued so you can make an informed decision about which insurance company you choose. Choose wisely!

If you experience an automobile loss of any kind, you’ll need to know how to handle your insurance claim so that you maximize your recovery. Learn how to take control of your insurance claim, and add hundreds or even thousands more dollars to your claim settlement. For more information, check out the website shown below in the Resource Box.

Auto Insurance Company Rankings

Ranking is one of the measurement scales which are in use from a long time and on the basis of which many decisions are taken. As the American and European market is full of insurance companies and where it is mandatory from the part of the state to insure health and wealth, many insurance companies got mushroomed. If proper rankings are given to such companies according to their service provided, it will be easy for the customers to choose the insurance companies.

The parameters on which they should be rated should be the customer satisfaction level; satisfaction is defined as when the expectation level of the customer matches the delivered value. So when auto insurance providers exactly deliver what the insurance holder wants then it gets a higher rank in the list. The other factor is cost, which is very common and is associated with almost every product and service. Unnecessary charges and hidden charges of these providers give them lower rank in the list. The time in which the insurance company response is one of the important factor, which is taken care of, while giving ranks to the auto insurance companies. If a accidents happen today and the medical benefit which is required immediately is not parted by the company then it gives a bad impression. Financial stability is also important because when if the company is not strong enough then it will be unable to provide your amount at the time of the insurance holders.

The question is who gives all this rankings to these car insurance companies which are numerous. There are various agencies but each of them is not reliable. Some companies take money from the insurance company and then try to put there in the top of the list but there are few honest company also who give there judgment independently. One such company is J.D power and Associates they rank the automobile insurance companies of America on the basis of variety of coverage they provide, the billing process and the agility with which they reaches there customers. Other than such companies the insurance department of every state gives such raking to the car insurance companies. Media is another example which keeps on giving ratings to the auto insurance providers.

Some of the top ranking auto insurance companies of America are Amica, Erie Insurance etc.

Best Life Insurance Company – It is Not All Sunshine

Are you planning to purchase life insurance? If you are, you have come to the right place! There are many things you should consider when you are in search for the best life insurance company out there. Since there are so many of them to choose from, the task of making a decision is quite difficult to do. In this article, I will provide you with a few tips on how to select the right insurance company for you.

One easy way that you can do is to ask your friends or co-workers for recommendations and referrals. Surely, at least one of them has already purchased a insurance for himself or his family members. Gather all their inputs and ideas so that you can narrow down your options. Make sure that you find out if the insurance companies on your list have good customer service, good claim payment history, and competitive prices. It is also better if the companies are financially secure.

Another route that you can take to spot the best life insurance company is to contact the Better Business Bureau. It has a complete list of the insurance companies in your area or state, and it can help you determine which of them are and highly regarded and reputable.

You can also check the insurance companies on your list against the national claims database to see if any complaints were made against any of them. The state insurance department can assist you with this type of information.

Do not solely base your decision on the size of a company. Large insurance companies might have enough experience in this field, but there are also small-size insurance institutions that can provide the same quality of service at a lower cost. It is best that you know what you really need so that you can find your way to the best insurance company there is.