March 5, 2010, Newsletter Issue #44: Doing Your Homework

Tip of the Week

If you are investing in the stock market you don’t just throw money at a company and hope it comes back to you with a profit, right? Well think of buying homeowner’s insurance in the same way. You want to do your research, not just about prospective insurance providers, but about industry issues, too.

This is where the Insurance Information Institute can be a big help. Here you will find, among other things, listings for companies that conduct research and provide ratings and analyses for a myriad of insurance providers. You can find out how financially stable they are, what their track record is when it comes to customer service, satisfaction and complaints, and much more.

You will also be able to track news stories, press releases and the latest studies and surveys relating to the insurance industry. All this will help you be better prepared to analyze free insurance quotes and be able to tell exactly what benefits each offer will provide you with. Knowledge is power, right?

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Heidi Splete