{"id":4376,"date":"2017-03-21T15:51:01","date_gmt":"2017-03-21T19:51:01","guid":{"rendered":"http:\/\/www.noyeshallallen.com\/?p=4376"},"modified":"2019-03-27T07:03:43","modified_gmt":"2019-03-27T13:03:43","slug":"what-are-the-highest-rated-insurance-companies-in-maine","status":"publish","type":"post","link":"https:\/\/www.noyeshallallen.com\/blog\/what-are-the-highest-rated-insurance-companies-in-maine\/","title":{"rendered":"What are the Highest Rated Insurance Companies in Maine?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>If we recommend&nbsp;an insurance company you haven&#8217;t heard of, it&#8217;s natural to ask how good they are. Noyes Hall &amp; Allen&nbsp;represents many insurance companies. Some are more well-known than others. <\/strong><\/p>\n<p>Because our companies sell through independent agencies, they advertise very little. By contrast, Geico, Allstate and State Farm advertise nationally to create brand awareness. Geico alone spends $1 BILLION on advertising &#8211; about 1 out of every 6 insurance advertising dollars in the U.S.<\/p>\n<p>Good rates are important, but that&#8217;s only one&nbsp;reason for choosing an insurance company. Will they pay your claims? Are they easy to work with? At Noyes Hall &amp; Allen, we&#8217;ve curated a group of&nbsp;insurance companies that we can stand behind. We work closely with them on behalf of our clients.<\/p>\n<h2>How&nbsp;to&nbsp;Choose a Good Insurance Company<\/h2>\n<p><strong>There are three important considerations when you evaluate a potential insurer:<\/strong><\/p>\n<ul>\n<li><strong>Financial solvency<\/strong> &#8211; Can the insurance company can pay claims, even in a disaster? Fortunately,&nbsp;<a href=\"http:\/\/www.ambest.com\/home\/ratings.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">A.M. Best<\/a>&nbsp;studies insurance companies and rates each one for you. Noyes Hall &amp; Allen only chooses insurers rated &#8220;A-&#8221; (Excellent) or better.<\/li>\n<li><strong>Customer Satisfaction<\/strong> &#8211; Feedback from other customers is helpful when evaluating a new insurer. Any company can have complaints;&nbsp;but those with repeatedly good reviews are a better bet to provide good service to you. &nbsp;The <a href=\"https:\/\/lnkd.in\/dt3deAj\" target=\"_blank\" rel=\"noopener noreferrer\">J.D. Power national claims satisfaction survey<\/a>&nbsp;compiles consumer&nbsp;claim feedback every year.&nbsp;But they focus on big national insurers. That&nbsp;excludes many regional insurance companies, which are so important in the Maine market.The <a href=\"http:\/\/www.maine.gov\/pfr\/insurance\/consumer\/individuals_families\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Maine Bureau of Insurance<\/a>&nbsp;indexes home and auto complaints by insurer. It includes Maine&#8217;s most important insurance companies. The drawback: the Bureau doesn&#8217;t get many complaints each year. That small sample can skew results. The Bureau weighs the ratio of complaints against each insurer to that company&#8217;s volume. This weighting levels the playing field. An insurer with an index below 1.00 is &#8220;better than average&#8221;. Anything above 1.00 is &#8220;worse than average&#8221;. We&#8217;ve included a chart with a recap of those scores below.<\/li>\n<li><strong>Fit with Your Situation &#8211;<\/strong>&nbsp;If you insure your beach house with an insurance company that has great financials and terrific reviews, but that company doesn&#8217;t like property close to the coast, it&#8217;s not going to end well. Some insurers specialize. Others are generalists. Some are comfortable insuring rental properties, or snowmobiles. Others focus on high risk drivers.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Complaint Index &#8211; 2016 &#8211; Maine Home and Auto Insurance<\/h2>\n<p>We compiled this&nbsp;table from data published by the Maine Bureau of Insurance. It shows the 2 year average of home and auto complaint indexes for the top 25 homeowners and auto insurance companies in Maine (by volume). We assigned a &#8220;green light&#8221; to the companies with ratings in the top 33%, yellow to the middle 33%, and red to the bottom third. <strong>Remember, customer satisfaction is only one way to evaluate an insurance company.<\/strong> The companies with the highest satisfaction may not write the kind of insurance you need.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_4377\" aria-describedby=\"caption-attachment-4377\" style=\"width: 550px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2017\/03\/complaint-index-2016.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4377\" src=\"https:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2017\/03\/complaint-index-2016.png\" alt=\"\" width=\"550\" height=\"495\"><\/a><figcaption id=\"caption-attachment-4377\" class=\"wp-caption-text\">source: Maine Bureau of Insurance. Compiled by Noyes Hall &amp; Allen Insurance<\/figcaption><\/figure>\n<h2>How to Get Quotes from Many Insurance Companies at Once<\/h2>\n<p>Noyes Hall &amp; Allen has access to the companies shaded in blue. That&#8217;s 11 out of 25, covering more than 50% of the volume in this list. The insurance companies we represent have a complaint index of 0.91 &#8211; much lower than the 1.00 average. By the way, insurance agencies have online reviews, too. We&#8217;re proud to show the <a href=\"https:\/\/goo.gl\/n6nAml\" target=\"_blank\" rel=\"noopener noreferrer\">reviews that our clients have left for our agency<\/a>.<\/p>\n<p>When you <a href=\"https:\/\/www.noyeshallallen.com\/about\/our-team\/\">contact a Noyes Hall &amp; Allen agent<\/a>, you&#8217;re checking 11 companies at once, backed by our knowledge of where each company excels. Your agent can customize advice to your situation, proposing a solution built just for you.<\/p>\n<p>That&#8217;s what we mean we we say we&#8217;re &#8220;Independent and Committed to You&#8221;. &nbsp;<a href=\"https:\/\/www.noyeshallallen.com\/policy-services\/request-a-quote\/\">Request a Maine insurance quote today<\/a>, or call us at 207-799-5541.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; If we recommend&nbsp;an insurance company you haven&#8217;t heard of, it&#8217;s natural to ask how good they are. Noyes Hall &amp; Allen&nbsp;represents many insurance companies. Some are more well-known than others. Because our companies sell through independent agencies, they advertise very little. By contrast, Geico, Allstate and State Farm advertise nationally to create brand awareness. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,5,12,13,8,15,9,34],"tags":[73,65,36],"class_list":["post-4376","post","type-post","status-publish","format-standard","hentry","category-boat-insurance","category-car-insurance","category-condo-insurance","category-homeowners-insurance","category-motorcycle-insurance","category-renters-insurance","category-snowmobile-rv-insurance","category-umbrella-insurance","tag-insurance-companies-maine","tag-portland-maine-insurance-agent","tag-saving-money"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/4376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/comments?post=4376"}],"version-history":[{"count":2,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/4376\/revisions"}],"predecessor-version":[{"id":5461,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/4376\/revisions\/5461"}],"wp:attachment":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media?parent=4376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/categories?post=4376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/tags?post=4376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}