Strongest and Weakest Homeowners Insurers		Back

A weak homeowners insurance company represents a potential for financial loss to its policyholders, as well as a number of headaches and hassles. In addition to the loss of their premium dollars, the policyholders with a failed insurer are forced to scramble to purchase replacement coverage from other carriers, often at higher rates. And those who were unfortunate enough to have a claim outstanding with the failed company can end up footing the bill themselves.

That's why it is important to check the financial security offered by an insurer prior to purchasing a policy and then periodically monitor the company's condition going forward. Low-rated companies should be avoided in favor of highly rated companies.

The following U.S. homeowners insurance underwriters received the highest ratings from TheStreet.com Ratings.

Strongest Homeowners Insurers Data as of 01/27/2010 Company Name State TheStreet.com Financial Strength Rating UNITED SERVICES AUTOMOBILE ASN  TX  A+  USAA CASUALTY INS CO  TX  A+  INTERINS EXCH OF THE AUTOMOBILE CLUB  CA  A+  HASTINGS MUTUAL INS CO  MI  A+  AUTO-OWNERS INS CO  MI  A  SENTRY INS A MUTUAL CO  WI  A  COUNTRY MUTUAL INS CO  IL  A  TENNESSEE FARMERS MUTUAL INS CO  TN  A  NORTH CAROLINA FARM BU MUTUAL INS CO  NC  A  TOKIO MARINE & NICHIDO FIRE INS LTD  NY  A  KENTUCKY FARM BUREAU MUTUAL INS CO  KY  A  HOME-OWNERS INS CO  MI  A  CHURCH MUTUAL INS CO  WI  A  FRANKENMUTH MUTUAL INS CO  MI  A  MERRIMACK MUTUAL FIRE INS CO  MA  A  MOUNTAIN WEST FARM BU MUTUAL INS CO  WY  A  PIONEER STATE MUTUAL INS CO  MI  A  TRAVELERS INDEMNITY CO  CT  A-  CINCINNATI INS CO  OH  A-  CALIFORNIA STATE AUTO ASN INTER-INS  CA  A-

The following U.S. homeowners insurance underwriters received the lowest ratings from TheStreet.com Ratings.

Weakest Homeowners Insurers Data as of 01/27/2010 Company Name State TheStreet.com Financial Strength Rating INTERBORO MUTUAL INDEMNITY INS CO  NY  E  SPRING VALLEY MUTUAL INS CO    E  BATTLE CREEK MUTUAL INS CO  NE  E  LINCOLN GENERAL INS CO  PA  E+  UNDERWRITERS AT LLOYDS LONDON  IL  E+  UNIVERSAL PROPERTY & CASUALTY INS  FL  E+  ROYAL PALM INS CO  FL  E+  NORTHERN CAPITAL INS CO  FL  E+  ZEPHYR INS CO INC    E+  AMFED NATIONAL INS CO  MS  E+  CAPITOL PREFERRED INS CO  FL  E+  EDISON INS CO    E+  CONSTITUTIONAL CASUALTY CO  IL  E+  WASHINGTON COUNTY CO-OPERATIVE INS    E+  UNION MUTUAL INS CO  OK  E+  ATLANTIC MUTUAL INS CO  NY  D-  ST JOHNS INS CO INC  FL  D-  TOWER HILL PRIME INS CO  FL  D-  FIRST PROTECTIVE INS CO  FL  D-  FEDERATED NATIONAL INS CO  FL  D-

Just because a particular insurer does not appear on this list of lowest rated homeowners insurance companies, it does not necessarily mean that the company is safe or highly rated.  To check the rating of a specific company, Weiss Ratings offers several online options and publications covering property and casualty insurers.

A =  Excellent B =  Good C =  Fair D =  Weak E =  Very Weak

For more information about Weiss Ratings and our products, contact our Customer Hotline at 1-800-289-9222.