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More Americans satisfied with home insurance companies

Posted On Tue, April 3, 2012

A report from J.D. Power and Associates showed that many Americans are satisfied with their home insurance policy providers, despite the heightened disasters which have occurred in recent years.

The 2012 U.S. Property Claims Satisfaction Study showed that total satisfaction rose 10 points to 833 in 2012, compared to the previous year. The index is set on a 1,000-point scale. This is even with the near 100 disasters which occurred in the U.S. during 2011, costing billions in damage. In addition, 84 percent of those polled noted they would recommend their insurer to a friend, while 81 percent noted they would renew with their current insurer.

"A period of tremendous volatility in the industry, caused by a large number of devastating storms, led us to anticipate that satisfaction would decline, but that clearly was not the case," said Jeremy Bowler, senior director of the insurance practice at J.D. Power and Associates.

Those homeowners who aren't happy with their home insurance policy may want to look for other options. Comparing home insurance quotes online may give them the options they need to find a plan that fits their situation.

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