Highway Safety Statistics; This link provides you with up to date information on safety issues as well as information about vehicle safety ratings, research statistics, laws and regulations, news releases and current news reports. more info...
Auto Recalls; At this link you’ll find information from the National Highway Traffic Safety Administration’s available Database Files. Each search engine displays a brief description of what it does. more info...
Statewide Insurance requirements; At this link you will find lemon laws, drivers license, registration, title information and insurance requirements. more info...
Insurance Company Ratings: This link provides the consumer with insurance information as well as access to current auto news, events, auto ratings and analysis, news research as well as products and services. more info...
Insurance Information; Links to information about Auto Insurance as well as Life, Home Business, Travel, Health, Disability and Long Term Care Insurance. more info...
Standard & Poors; This site provides the consumer with access to information about the financial strength ratings of insurance companies, plus detailed financial Insurer Profiles on nearly 4,000 companies. more info...
Insurance News Network; Links to a key provider of insurance industry information, with a goal of keeping insurance professionals current on critical, need-to-know industry news. Helping industry professionals to make better, faster and more informed decisions. more info...
Choosing the Right Long Term Care Insurance Company
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InsPolicy.com provides long term insurance quotes in all states throughout the U.S. Getting an insurance quote is FAST and FREE! Receive multiple quotes from the carriers you select. In addition, you can even be reminded of important dates, such as your policy renewals. In addition to free long term insurance quotes, search our site for informative insurance information.
Choosing the right insurance carrier is one of the most important
decisions to make. The decision should not be on the cost of the policy
alone. Consider if your insurer will pay when you need care and if
they will still be in business when the need for your long term care
arises. Also consider if the long term care insurance company had
rate increases in the past or if the long term care insurance rates
have been stable.
Company Financial Strength and Size
The average age that most people will need long term care insurance
is 78. If you purchase long term care insurance when you are 55, you
may not need to make claims for another 23 years. You will want to
pick a long term care company that is financially strong enough and
large enough to be around for 23 years from now. Consumers can check
long term care insurance company rating and financial size online
including:
A.M. Best's Insurance
Reports;
Standard
and Poor's; and
Moody's.
Rate Stability
Long term care insurance companies cannot increase your individual
premium for changes in your age or health. However, companies can
file a rate increase for a class of policyholders or all policy
holders on a specific contract form in any given state. Insurance
companies usually want to keep consumer confidence by keeping rates
stable. Companies with high claim loss may be more likely to need
future rate increases. To get an idea of long term care insurance
companies’ claim loss, read the NAIC’s annual “Long-Term
Care Experience Report” showing actual claims loss ratios.
Consumers can also inquire if the company has had any previous rate
increases.
