The AM Best rating system and why it should matter to insurance customers

October 19, 2023


What is a AM Best rating?
rates over 3K insurance companies in 90 countries on their financial strength. Recognized by the government as an official rating organization, the company is like a report card for an insurance company. (There are other companies out there that rate financial institutions, but AM Best is the only one that looks exclusively at insurance companies).

Why should I care about AM Best ratings?
HiRoad car insurance AM Best rating
The information in this article was obtained from various sources not associated with HiRoad®. While we believe it to be reliable and accurate, we do not warrant the accuracy or reliability of the information. HiRoad is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites that might be hyperlinked from this page. The information is not intended to replace manuals, instructions or information provided by a manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. These suggestions are not a complete list of every loss control measure. HiRoad makes no guarantees of results from use of this information.


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