State insurance departments
keep consumer complaint ratios on companies, which compare the total number of policy holders with the number of policy holders who've filed complaints.
At its most basic definition a
valid consumer complaint ratio is the number of valid complaints about an insurance company submitted to the state in relation to how many policies that company has written in that state.
Consumer complaint ratios show whether a Canutillo company excels or fails in that department, so steer clear of companies with many incidents of complaints.
Start with the NJ Department of Banking and Insurance, which lists premium comparisons and
consumer complaint ratios for Atlantic City renters insurance providers.
The association assigns
a consumer complaint ratio score to each insurance company, based on the number of complaints to regulators, adjusted for market share.
We then compiled
a consumer complaint ratio by dividing each group's share of complaints with the market share.
The association calculates
a consumer complaint ratio score for each insurance company, based on the number of complaints to state regulators, adjusted for market share.
As with all providers, check the Wisconsin Office of the Commissioner of Insurance for
consumer complaint ratios.
A consumer complaint ratio tells you how many complaints an insurer received for every 1,000 claims its policyholders filed.