PERSONAL WATERCRAFT INSURANCE
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Friday, Feb. 17th 2012 10:57 AM

Rating agencies are available online and are a valuable resource to help motorists make a well informed decision before choosing a company. These agencies use certain tiers which they place insurers in based on their financial stability; for example, one agency uses letter grades similar to school grading. If a carrier receives an “A” then they are regarded as having an excellent ability to compensate policyholders, a “D” letter grade would indicate a weak ability to fulfill obligations.

These agencies are a well trusted source of information and commonly suggested by government websites; the Illinois Department of Insurance website provides a list of rating agencies and will even provide company ratings to residents.

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