Some Consumers Bailing Out Of Their Insurance Policies, Reports InsuranceBureau.com

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The current bailouts of AIG and other well known insurance carriers like Prudential and The Hartford has led to an increase in competition among carriers scrambling to keep their policyholders.

The current bailout of AIG has led to an increase in competition among carriers scrambling to keep their policyholders.

Insurance policyholders fear that their insurance companies may be unable to pay a claim. This is a very real fear since many insurance companies are affected by the recent developments in the unstable economy.

InsuranceBureau.com has the latest financial ratings of various insurance companies. It could be that an insurance policy carrier is relatively stable, and a move may not be necessary. At times a move to another financially stable company could actually yield savings over an individual’s current carrier. Consumers should be vigilant about assessing their carrier’s financial solvency and comparing insurance quotes to make sure they are getting a fair rate.

Insurance quotes can fluctuate in price due to variations in an insurance company’s underwriting criteria, profits or losses of the previous year. The key to saving money on insurance quotes is to regularly compare insurance quotes from different carriers. Website visitors can use InsuranceBureau.com to compare insurance quotes.
InsuranceBureau.com is also a trusted source for unbiased insurance information for consumers.

InsuranceBureau.com
6400 Laurel Canyon Blvd, Ste 460
North Hollywood, CA 91606
Phone: 800.647.2164
Fax: 800.647.2142
http://www.InsuranceBureau.com

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