Considering the financial stability of the insurer providing your policy should be on every insurance consumer’s personal finance checklist.
Brooklyn, NY (PRWEB) January 04, 2018
Tridster, the leading price comparison provider for title insurance and settlement services, announced today that it is partnering with Demotech, an independent financial analysis firm that evaluates and rates the financial stability of insurance companies. Tridster will provide consumers with Financial Stability Ratings® from Demotech for title insurance providers when they comparison shop at Tridster.
“When selecting an insurance product, consumers should evaluate a number of things: the cost and coverage of the insurance, the quality of service provided by the title agency or insurer, and the financial strength of the underwriting insurer,” said William DeVar, CEO of Tridster. “Adding Demotech ratings to our existing price comparison offering enables us to deliver an important element of that decision-making process directly to consumers as they shop for savings. They can now find title insurance cost and insurer rating information all in one place.”
“Considering the financial stability of the insurer providing your policy should be on every insurance consumer’s personal finance checklist” said William Buell, Chairman of Tridster. “With Financial Stability Ratings® from Demotech, title insurance consumers can now check that off their list when they shop at Tridster.”
“Demotech is pleased that Tridster chose to incorporate Financial Stability Ratings® (FSRs) into their comparison tool,” stated Barry Koestler, Chief Ratings Officer of Demotech. “As the first company to review the financial stability of the title insurance industry and publish independent financial opinions, Demotech has assigned FSRs to virtually all title underwriters, largest to smallest, since 1992. FSRs allow consumers to examine an independent opinion of the financial stability of a title underwriter.”
Tridster is the leading price comparison provider for title insurance and settlement services, dedicated to re-engineering the shopping process from the ground up to make it simple, fast, and transparent. By providing market information, powerful tools, and support, Tridster empowers real estate consumers to discover savings and make better decisions as buyers, owners, and sellers of homes. For more information, visit Tridster.com.
Demotech is an independent financial analysis firm providing ratings and consulting services to property and casualty insurance companies and title insurance underwriters. Founded in 1985, Demotech is the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac, and HUD. For more information, visit http://www.demotech.com.