Strongest and Weakest Auto Insurers		Back

A weak auto 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 insurance companies should be avoided in favor of highly rated companies.

The following U.S. auto insurance underwriters received the highest ratings from Weiss Ratings.

Strongest Auto Insurers Data as of 06/06/2008 Company Name State Weiss Safety Rating UNITED SERVICES AUTOMOBILE ASN   TX  A+   USAA CASUALTY INS CO   TX  A+   INTERINS EXCH OF THE AUTOMOBILE CLUB  CA  A+   PROTECTIVE INS CO   IN  A+   HASTINGS MUTUAL INS CO   MI  A+   ALFA INS CORP   AL  A+   ALFA GENERAL INS CORP   AL  A+   AUTO-OWNERS INS CO   MI  A   SENTRY INS A MUTUAL CO   WI  A   COUNTRY MUTUAL INS CO   IL  A

The following U.S. auto insurance underwriters received the lowest ratings from Weiss Ratings.

Weakest Auto Insurers Data as of 06/06/2008 Company Name State Weiss Safety Rating USA INS CO   MS  E-   LOYA INS CO   TX  E   ASSURANCEAMERICA INS CO   SC  E   STERLING CAS INS CO   CA  E   WINDHAVEN INS CO   FL  E   LONG ISLAND INS CO   NY  E   QUALITY CASUALTY INS CO INC   AL  E   UNDERWRITERS AT LLOYDS LONDON   IL  E+   COUNTRYWIDE INS CO   NY  E+   FEDERATED NATIONAL INS CO   FL  E+

Just because a particular insurer does not appear on this list of lowest rated auto 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.