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Preferred Mutual, headquartered in the great city of New Berlin, NY, was founded in 1896. Its financial strength rating–aka its money-flexing muscle power to keep your assets safe–is Excellent. On the other hand, its J.D. Power rating, which measures customer satisfaction around the handling of claims, is Not Rated out of 5. A higher J.D. Power Rating is a good indicator that a carrier will treat you well should something go wrong. Which is exactly what insurance is for, right? See more on J.D. Power ratings here.
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