How does this apply to your homeowner’s policy? While this article itself is about life insurance, this same principle is true in cases of homeowner’s insurance as well. If you have one of those companies (and a little internet searching will identify them) that has a real bad record of taking care of claims, it might be time to reconsider who carries your homeowner’s insurance.
Don’t be lured by low premium, check company’s settlement record too – Economic Times
http://news.google.com Fri, 04 Apr 2014 19:20:55 GMT
Economic TimesDon’t be lured by low premium, check company’s settlement record tooEconomic TimesInsurance regulator IRDA’s annual reports for 2012-13 reveal that of the total 23 private life insurers, only five have a claim-settlement ratio of over 9 …