Is IFA Auto Insurance Good? 
While I personally have no experience with this particular company , a quick look at AM Best shows that they currently have only a C++ financial strength rating with a negative outlook . Indeed , they were just downgraded on their financial strength on March 17 , 2014 . Keep in mind , that AM Best is not a gauge of a company 's claims processes and procedures ; it is only a representation of a company 's financial reserves , pending claims , policyholder surplus , and an estimate of a company 's ability to pay future claims . Our agency has chosen not to represent a company rated less than A - , as it is not unusual for companies rated lower to have financial problems . However , that being said , there are a large number of smaller companies with a lower financial strength rating that are very good companies with great reputations . The only way to tell would be to go to the department of insurance for the state of domicile and check the complaints and judgments rendered . 