When you are looking to get home insurance online, price might be the first thing that you look at when comparing similar quotes. However, there are several other factors that are important to consider. One of the most important is the rating of the home owner insurance provider. Companies are rated by independent agencies such as A.M. Best according to several factors, with the two most important being the company’s overall satisfaction rating and its current financial situation and solvency.
Insurance companies that are considered to be “secure” are rated anywhere from A++ (superior) or B+ (very good). These are the insurance companies with the strongest performance and solvency. At the bottom end of the equation are “vulnerable” companies that can have ratings as low as a D (under state supervision) or F (in liquidation). These are the companies you will definitely want to avoid when getting a home insurance online quote.