Homeowners insurance company rankings can tell you a lot about insurance companies. Here’s where to find insurance company rankings that will help you determine which company is best for your homeowners insurance needs.Consumer RankingsThe best place I’ve found to get homeowners insurance consumer rankings is at J.D. Power & Associates. They are an independent information company that conducts customer surveys and provides unbiased customer reviews and ratings on a variety of products and services.J.D. Power ranks insurance companies based on their policy prices, policy options, claims handling, and customer service. Their ratings go from five circles (the best companies) to two circles (the worst). I recommend purchasing your homeowners insurance with a company that has a rating of three circles or higher.Insurance Department RankingsEvery state has a department of insurance that oversees insurance companies, and most states have a website that provides insurance statistics. One of the most useful statistics they provide is a list of complaints made against insurance companies by their customers. These complaints are a good way to find out how reliable a company is, and how it treats its customers.If your state insurance department doesn’t list insurance company complaints, you can get this information at the California Department of Insurance website (http://www.insurance.ca.gov/).All major companies have had complaints filed against them, so I recommend going with a company that has a lower than average number of complaints.Financial Rankings Financial rankings are a good way to determine an insurance company’s ability to pay its claims. A.M. Best (ambest.com) rates insurance companies based on their financial strength. A high rating means a company has enough financial assets to pay it’s claims.A.M. Best rates companies from A++ (their highest rating) to D (their lowest). I recommend purchasing insurance through a company with a B+ rating or higher.Getting Low Cost Insurance With A-Rated CompaniesThe best place to get low cost homeowners insurance is at an insurance comparison website. Some of these sites provide an online chat service so you can get answers to your homeowners insurance questions from an insurance expert, and get help in lowering your insurance cost. (see link below).