How to Compare NH Auto Insurance Carriers

If you want to compare NH auto insurance carriers, you will need to consider a number of factors. While it may be tempting to make a decision about where to buy coverage based on price alone, a much better choice is to look at a number of factors before choosing an auto insurance provider.

Company History

A company that has been in business for a number of years has established a track record of writing policies and processing claims. Buying a policy from a provider that has a large number of customers is a sign that it offers good customer service.

Financial Stability

The company web site may reveal a NH auto insurance carrier’s financial rating. This is an indication of whether the company is considered likely to have the resources necessary to pay out on its policyholders’ claims. Look for a provider with an A+ or A rating to find one that should be able to meet its financial obligations. If the information is not available on the company web site, it can be obtained from Moody’s, Standard and Poor’s or one of the other financial reporting agencies.

Ease of Reporting Claims

Whether an insurance company makes it easy for policyholders to report claims is another important factor to consider when comparing NH auto insurance carriers. Find out whether a toll-free number is available for this purpose on a 24-hour basis to make it easy to get the process started following after a loss.