Janet Hunt - 0171.eluminary.org

How Strong is Your Insurance Company?

Janet Hunt — Wed, 30 Apr 2014 23:18:21 +0000

You probably rely on your insurance company a lot more than you may even realize. If you or a family member are injured or ill, have a car wreck, your house burns down or even your business; it is most likely you will be relying on your insurance company to help you get back on your feet again.

With this in mind, you want the insurance company you are relying on to be one that is financially strong—not one that may go ‘belly-up’ and not even be able to pay any claims presented against it. So where can you find out which insurance companies are financially sound? One place is through insurance rating organizations. These organizations conduct detailed analysis of market factors and the way a company performs financially, converting these studies into ratings that tell you the strength of the insurance company.

Some of the better known insurance rating organizations include A.M. Best, Fitch Ratings and Standard & Poor’s. There are many insurance companies that are financially sound and are good choices for your insurance needs including the following:

§ The Hartford

§ The Hanover Insurance Group

§ Allstate

§ Liberty Mutual Insurance Group

Of course, financial strength ratings won’t tell you everything about an insurance company but it does give you a good tool when looking for the best value on an insurance policy. Do your own research and choose your insurance company wisely!

Imagesbywestfall Courtesy of Wikimedia Commons. Creative Commons Attribution 2.0 Generic license.

Different Types of Health Insurance Plans

Janet Hunt — Sat, 29 Mar 2014 00:07:00 +0000

When shopping for health insurance, you may run across a lot of confusing information and terms that you have never heard before. Health insurance comes in many different shapes and sizes. Knowing the basic types of health insurance will help you in finding a plan that is right for here. Here are some of the basic types of health insurance plans available for you and your family when shopping for a health insurance policy:

Traditional Indemnity Plans

PPO or Preferred Provider Organizations

POS or Point-of-Service Plans

HMOs or Health Maintenance Organizations

The type of health plan that is right for you will of course depend on you and your family’s individual health needs and other factors such as your financial and employment situation. Knowing a little more about these basic types of health plans will arm you with a little ammunition when sitting down with an insurance agent to discuss which health care plan is right for you.

The Ins-and-Outs of Online Insurance Shopping

Janet Hunt — Sat, 01 Mar 2014 00:17:51 +0000

Of course you work hard for your money and you want the best value for your insurance dollar. What you really want to know is how to save time in the process and just what are your options when shopping for insurance?

One helpful tool that will save you a lot of legwork is using insurance comparison website such as The Insurance Place and 4freequotes.com. Once you receive your multiple quotes online, you can do side-by-side comparisons of coverage and premium price.

These insurance comparison websites are partnered with many different types of insurance companies including ones with superior financial strength ratings. Why spend more time than you have to when buying insurance? Insurance comparison websites will help you find the best price and coverage quickly so you can go on to more important things like spending quality time with friends and family!