Third-Party Rankings

NAIC Rating For Great Western Insurance

The NAIC, or The National Association of Insurance Commissioners, is a regulation standard support organization based in America meant to add credibility to insurance companies Essentially, the goal of this organization is to protect consumers and to mandate that insurers deliver on their promises made The rating used within the NAIC involves a numerical value usually ranging from 1 – 10. One implies average customer complaints, where anything above this is above average, and so on. As of August 2022, the NAIC complaint rating given to Great Western Insurance company is a .069, implying very very few complaints.

A.M. Best Rating For Great Western Insurance

They utilize a rating, similar to the letter ratings placed on restaurants, meant to help you discern their overall quality. This letter ranking varies from A+ to F, similar to a scholastic grading system, and this organization is overseen by the chief insurance regulators regarding any US-affiliated territory The rating itself is determined by a variety of different factors, such as performance, management, financial flexibility, shareholder safety, etc. As of April 2022, Great Western Insurance was given an A by A.M.’s best indicating an excellent rating.