What does Bests Rating mean? Read on to discover the definition & meaning of the term Bests Rating - to help you better understand the language used in insurance policies.
The rating system developed and published annually by A.M. Best Company that indicates the financial condition of insurers. The ratings resemble grades on a report card and range from A++ (Superior) through C+ (Marginal) and all the way down to D (Poor), E (Under Regulatory Supervision), F (In Liquidation), and S (Rating Suspended).
We hope the you have a better understanding of the meaning of Bests Rating.