Last Updated on April 22, 2021
One good rule of thumb is to never judge the stability of a company by its size but rather by its solid history of meeting financial obligations.
2. WHAT IS THE COMPANY’S TRACK RECORD?
You need to know how good the company serves customers and keeps its promises. To do so, check with your state insurance department. The latter is responsible for regulating the insurance industry by monitoring and investigating complaints they get against insurers.