Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

Business: Insurance

NFP Acquires Insurance Specialty Group, LLC, Adding Specialized Capabilities to Existing Construction Offerings

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“Bruce and Stephen lead a talented team of individuals with extensive experience in the construction industry,” said Gillingham.


NEW YORK (PRWEB)

NFP, a leading insurance broker and consultant providing employee benefits, property and casualty, retirement, and individual solutions, today announced the acquisition of Insurance Specialty Group, LLC (ISG), in a transaction that closed on October 9, 2020.

Based in Atlanta, ISG is a managing general agent (MGA) specializing in providing insurance solutions to the construction industry. The firm focuses on the residential housing market, offering a variety of solutions, including practice, project and wrap-up policies. ISG operates a national construction program focused on commercial general liability and builder’s risk insurance, utilizing a distribution channel of over 250 retail and wholesale brokers. ISG’s team and products remain unchanged through the acquisition. ISG was represented by TAG Financial in the transaction.

Bruce Harrell and Stephen Harrell, principals of the firm, will join NFP as managing directors, and Randolph Roppelt and Elizabeth Davis, also ISG principals, will join NFP as directors. All will report to Tom Gillingham, managing director and head of NFP’s specialty MGA and MGU programs.

“ISG is a fantastic addition and we’re excited to welcome them to NFP,” said Gillingham. “Bruce and Stephen lead a talented team of individuals with extensive experience in the construction industry. Their specialized expertise in the residential home building space complements our existing construction offerings, enhances our ability to help clients manage complex risks, and will be an important growth driver for our business.”

“NFP’s focus on providing well-rounded offerings aligns with our values,” said Bruce Harrell. “Accessing NFP’s depth of resources in the construction industry, and becoming part of a great community of talented leaders, will strengthen our capabilities and help us deliver even more value to our clients.”

“NFP gives us an opportunity to accelerate our growth while continuing to do what we do best,” said Stephen Harrell. “We are excited to join NFP and collaborate with other construction industry experts to provide innovative solutions that align with our clients’ needs.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,700 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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Business: Insurance

How To Lower Car Insurance Premiums

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“Car insurance can be made cheaper, but only after applying the right strategies. Visit our website for free car insurance quotes”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has released a new blog post that presents some smart ways for getting cheaper car insurance.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/lower-car-insurance-premiums/

Many drivers consider that car insurance is too expensive or they deny their importance. Disregarding a service that can potentially save drivers thousands of dollars is a huge mistake. If the price is the problem, check the following tips for lowering the costs.


  • Check all available discounts. Insurance companies provide a wide range of discounts. It is wise to check the discounts offered by each company before signing a contract. When getting online quotes, the user can easily check for how many discounts he is eligible for and how much he will save. The most common discounts include low mileage, safety devices, safe driver, homeownership, and paying-in-full.

  • Paying in advance will help drivers save around 10%. Drivers are asked how often do they want to make payments. Paying for the entire policy in advance will help drivers save a lot of money. The driver can save around 5%-10% just by paying the full value. Some companies are more generous and offer a 15%-20% discount. In this case, the value of the discount will be higher than 1 monthly premium.

  • Ask for higher deductibles. The policyholder is able to set the deductibles. By selecting a higher deductible level, he agrees to pay more when he files a claim. Deductibles range from $250 up to $1000 or more. In many cases, the recommended value for both comprehensive and collision coverage is $500. When getting online quotes, the client is able to set the deductibles to some predetermined values. After each change, the prices are updated and the user can view how deductibles influence the total cost.

  • Bundle policies under the same company. Placing multiple vehicles or multiple belongings can be really beneficial. Besides having access to discounts, the policyholder will have to deal with less paperwork. Multi-insurance discounts vary by provider, with some companies offering as much as a 20% discount for combining home and auto insurance.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and free quotes, please visit https://compare-autoinsurance.org.

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Business: Insurance

Typical Mistakes Done when Requesting Car Insurance Quotes

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“When requesting car insurance quotes, drivers can make mistakes. It is important to check any online questionnaire at least twice before asking for quotes”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Drivers that are comparing online quotes will notice they can access multiple options concerning car insurance. Even though online questionnaires are quite simple, there are still some mistakes drivers do when requesting online quotes.

The most common mistakes done by drivers when requesting quotes are:

  • Ignoring discounts. Some people might consider they have enough money to not worry about car insurance. On the other hand, some will do anything they can to save money on insurance. To help drivers pay less on insurance, providers are offering discounts for good driving records, secured vehicles and having low annual mileage. There are cases where the policyholders are unaware that they are eligible for discounts. This happens when drivers say they don’t have a certain system installed (like ABS, anti-theft devices) even though the car was equipped by the manufacturer or improved with aftermarket systems.

  • Not paying for the whole insurance at once. Drivers that know enough about how the car insurance market works, they also know that extra fees will be added if the drivers divide their premium payments into monthly installments. Drivers that are choosing to pay in full for the insurance can save as much as 15% of their insurance.

  • Low deductibles. Keeping low deductibles can make drivers lose money. If the deductible is low, then the insurance rates will be more expensive. Drivers that have a deductible that is lower than $500 should consider increasing their limits. The costs of a car accident can be quite high, but drivers can save up to 40 percent on the comprehensive and collision component of their insurance policies.

  • Not bundling car insurance with home/renter’s insurance. Drivers should verify for themselves how reliable are their insurance providers and check if they offer a multi-policy discount. Usually, this discount can save as much as 15% of annual insurance costs.

  • Giving wrong emails. The majority of online questionnaires will require the drivers to give correct email addresses. Usually, insurers will send a code and a reminder to retrieve the quote. Drivers should remember that quotes have a limited availability period and they can unsubscribe from their insurers’ mail list whenever they want.

For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.org

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Business: Insurance

Cybereason Announces $1 Million Comprehensive Breach Protection Warranty

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We are confident that Cybereason’s combined solutions and services will protect our customers from a major security event – so confident in fact, we are backing up our words with a $1 million Breach Protection Warranty,” said Lior Div, Cybereason CEO and co-founder.


BOSTON (PRWEB)

Cybereason, the leader in future-ready attack protection, today announced the availability of the Cybereason® Breach Protection Warranty that provides up to $1 Million in coverage in the event of a breach. The Cybereason Breach Protection Warranty covers a variety of attacks including zero-day, malware and ransomware attacks, and is available free of charge to customers who qualify with the Cybereason Ultimate package. This comprehensive endpoint security solution combines the industry-leading prevention, detection and response capabilities of the Cybereason Defense Platform with the guidance and 24×7 support of an expert Managed Services Team.

“Organizations purchase cybersecurity technologies to accomplish an objective,” said Michael Suby, VP of Security and Trust Research at IDC. “It’s time for vendors to put more skin in the game. Cybereason has done just that with their suite by backing it up with a $1 Million breach protection warranty.”

Attacks continue to increase in frequency, and attack methods continue to evolve in their sophistication. Organizations place their trust in their security vendors to protect them, so vendors should in turn be accountable to deliver effective solutions. Thousands of organizations throughout the world leverage Cybereason each day to out think and outpace attackers, and the Cybereason Breach Protection Warranty offering underscores the company’s continued commitment to supporting customers in their daily battle with the adversary. Where traditional tools fail to prevent attacks and ultimately flood security teams with alerts, the Cybereason Defense Platform proactively removes threats from the environment and leverages operation-centric protection by delivering a single Malop™ that reveals the complete story of an in-progress malicious operation, enabling defenders to end the attack with a single click.

“Cybereason was founded with a mission to reverse the adversary advantage and return the high ground to the defenders, and that’s why we deliver future-proof solutions that protect organizations from evolving threats,” said Lior Div, Cybereason co-founder and CEO. “We are confident that Cybereason’s combined solutions and services will protect our customers from a major security event – so confident in fact, we are backing up our words with a $1 million Breach Protection Warranty.”

Learn more about the Cybereason Defense Platform, the Cybereason Ultimate package and the Breach Protection Warranty here:

http://www.cybereason.com/platform

http://www.cybereason.com/platform/bundles/cybereason-ultimate

https://www.cybereason.com/hubfs/dam/collateral/data-sheets/cr-breach-protection-warranty.pdf

About Cybereason

Cybereason is the champion for today’s cyber defenders providing future-ready attack protection that unifies security from the endpoint, to the enterprise, to everywhere the battle moves. The Cybereason Defense Platform combines the industry’s top-rated detection and response (EDR and XDR), next-gen anti-virus (NGAV), and proactive threat hunting to deliver context-rich analysis of every element of a Malop (malicious operation). The result: defenders can end cyber attacks from endpoints to everywhere. Cybereason is a privately held, international company headquartered in Boston with customers in more than 40 countries.

Media Contact:

Bill Keeler

Senior Director, Global Public Relations

Cybereason

bill.keeler@cybereason.com

(929) 259-3261

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Business: Insurance

A New Article Presents Top 10 Ways To Save Money On Car Insurance

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“Our insurance experts will explain you the best ways to save money on car insurance”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has released a new blog post that presents several efficient ways to get cheaper auto insurance.

For more details and free auto insurance quotes online, check https://compare-autoinsurance.org/10-ways-in-which-a-driver-can-save-for-car-insurance/

Insurance expenses can rise to several thousand dollars per year. It all depends on several factors, including the model of the vehicle, driving experience and history, coverage limits, annual mileage, and so on. Drivers can get better rates if they:

  • Bundle policies. A person can easily bundle car insurance with homeowners/renters/condo insurance and earn a valuable discount. When completing online questionnaires, the user is asked if he owns the home/apartment where he/she lives. If the user owns it, he will be provided with a bundle option. In some cases, a person can save as much as 20% simply by bundling coverage.

  • Use multi-vehicle plans. Covering multiple vehicles under the same insurer will also be financially rewarding. Multi-vehicle plans also provide a discount. The value of the discount is directly proportional to the number of insured vehicles.

  • Carefully select the value of the deductibles. It is up to the policyholder to set deductibles. The usually recommended value is $500, for both comprehensive and collision coverage. However, the policyholder can choose higher values and lower the overall premiums.

  • Drop unnecessary coverage on older cars. If the car is older than 10 years, keeping full coverage is likely to make the owner overpay. Since a car’s value diminishes over time, keeping full coverage for cars older than 5-6 years can lead to unnecessary costs.

  • Keep a clean driving record. Whenever a person tries to obtain online quotes, he will be asked for claims and traffic violations in the recent 3-5 years. Traffic violations and accidents will not only increase premiums but can also determine a carrier to consider a client “high-risk” driver and eventually, drop him.

  • Drive a safe car. Consider a car’s safety rating before buying it. Look for annual crash-test ratings and NHTSA safety rankings. A safe car is cheaper and easier to insure.

  • Install extra safety and anti-theft devices. Investing in a car’s safety will be greatly appreciated by insurance companies. Drivers can qualify for several discounts. Furthermore, installing car recovery systems will lower the comprehensive component of the premium.

  • Enroll in a defensive driving course. The client will improve his driving skills and will get a discount. Many online questionnaires ask drivers (especially the young ones) if they have participated in courses provided by the local DMV or they are willing to participate in defensive driving classes.

  • Periodically check the insurance market. It is recommended to get car insurance quotes at least once every 6 months and check the average premium costs. Being permanently aware of the average costs will help drivers decide if they stay with the same carrier upon renewal or not.

  • Pay in advance. Paying for the whole coverage period will help drivers save around 10% on their insurance. Use online quotes and see how much it can be saved by paying for everything in advance.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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Business: Insurance

Briza, CNA Enable Seamless Digital Distribution of Small Business Insurance Products

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Briza adds CNA BOP coverage

In 2020, consumers expect shopping online to be instant. This collaboration with CNA will enhance our delivery, meeting the customer needs through digital insurance distribution. We are excited to work with CNA and launch this new offering


CHICAGO (PRWEB)

Briza, a software company that uses a commercial insurance Application Programming Interface (API) to connect carriers’ underwriting systems to insurance agencies, wholesalers, and software platforms, announced a collaboration with CNA, one of the largest U.S. commercial property and casualty insurance companies, enabling immediate digital distribution of small business insurance products. 

Briza’s customers, which are independent insurance agencies across three dozen US states, will now be able to instantly sell CNA’s Business Owner’s Policies (BOPs) and Workers’ Compensation products online through Smart Portals or API integrations. With Briza’s advanced technology, small businesses will have access to insurance quotes, pay, and have a policy issued to them in a matter of minutes online.

“In 2020, consumers expect shopping online to be instant. This collaboration with CNA will enhance our delivery, meeting the customer needs through digital insurance distribution. We are excited to work with CNA and launch this new offering,” said Ben Munro, CEO of Briza. 

In future versions of the software, the integration will also enable small businesses owners to purchase BOPs and workers’ comp through financial services apps such as banking, bookkeeping, payroll, and tax preparation apps as upsells that complement existing services.    

“Small businesses are looking for a seamless digital experience with their insurance needs to help keep their business running smoothly,” said Wes Sprinkle, Senior Vice President, Small Business at CNA. “In today’s environment, distribution is paramount. Briza’s innovative software is simplifying the distribution of small business products for our clients, helping to fulfill their needs.”

About Briza

Briza was founded in 2016, and is currently led by CEO Ben Munro, CTO Rishi Sharma, and COO Dominic Bortolussi. The software company also has distribution agreements with leading insurers such as Liberty Mutual, Berkshire Hathaway Guard, Markel, EMPLOYERS, Crum & Forster, and tech-enabled providers like Coalition.

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Business: Insurance

AHT Insurance Adviser Named to 2020 Financial Times 401 Top Retirement Advisers

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Jim Maulfair, SVP, Shareholder, Director of Financial Services


LEESBURG, Va. (PRWEB)

We are pleased to announce that AHT’s Jim Maulfair has been named to the 2020 edition of the Financial Times 401 Top Retirement Advisers. The list recognizes the top financial advisers who specialize in serving defined contribution (DC) retirement plans across the U.S.

This is the sixth annual FT 401 list, produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. Ignites Research provides business intelligence on investment management.

Financial advisers from across the U.S. applied for consideration, having met a set minimum of requirements. The applicants were then graded on six criteria: DC assets under advisement (AUA); DC AUA growth rate; specialization in DC plans; years of experience; advanced industry credentials; and compliance record. There are no fees or other considerations required of advisers who apply for the FT 401.

The final FT 401 represents an impressive cohort of elite advisers. The median DC plan assets administered by this year’s group is $800 million. These are true specialists as DC plans on average account for 86% of total client assets. The FT 401 advisers represent 41 states and Washington, D.C.

The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).

Read more about Jim Maulfair.

The Financial Times 401 Top Retirement Advisors is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (October 2020). The FT 401 is based on data gathered from advisors, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s status in six primary areas: DC plan assets under advisement (AUA), DC AUA growth rate, specialization in DC plans, years of experience, advanced industry credentials and compliance record. A total of 855 advisors applied for the award, of which 401 were selected (47%). This award is not indicative of the advisor’s future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401.

About AHT Insurance

AHT Insurance is a brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal and international services for a wide range of industries – notably receiving national recognition for our practices in areas including technology, manufacturing, government contracting and nonprofits.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Kestra IS and Kestra AS are not affiliated with AHT Financial Services. Kestra IS and Kestra AS do not provide legal or tax advice and are not Certified Public Accounting Firms.

https://brokercheck.finra.org/

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Business: Insurance

AHT Insurance Enhances Service Offering with Addition of Specialty Captive Programs

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The considerable growth of our clients’ needs and numbers, along with current market conditions, are driving the need to consider superior alternatives for a variety of purposes.


LEESBURG, Va. (PRWEB)

AHT Insurance announced the addition of Specialty Captives Programs to provide comprehensive and suitable solutions for every company’s insurance needs.

A specialty captive is a private insurance solution designed to provide customizable coverage options for unique or difficult exposures business owners face. This type of captive can provide competitive and affordable alternatives to the commercial insurance market.

AHT now offers consulting and formation of owned captives − single parent captives, segregated cell captives, risk retention groups and micro captives – for clients suited to this type of insurance program. AHT has also partnered with Oxford Risk Management Group for those clients that are best positioned to go into a group captive structure.

To ensure AHT’s clients are well informed and placed into an insurance solution that fits their needs, AHT has partnered with Mark Tabler, Global Captive Practice Leader, to help guide clients through the decision to participate in a captive program. Tabler is an accomplished Chief Operating Officer with 22 years of experience directing insurance operational activities, captive formations, captive operations, developing sound risk management strategies, overseeing third-party claims administration and directing board governance initiatives.

“AHT’s engagement with Mark provides a substantial addition to our capabilities to deliver valuable alternatives to many of our clients’ more traditional risk transfer solutions. I am excited we can now provide a deeper level of consultation and design expertise in house for these vehicles. The considerable growth of our clients’ needs and numbers, along with current market conditions, are driving the need to consider superior alternatives for a variety of purposes. AHT is now very well positioned to meet these needs,” said David Schaefer, AHT President and CEO.

“I look forward to assisting AHT with their new captive initiatives and providing those solutions that best suit the needs of their clients. As we move into 2021 and 2022, the uncertainty of the commercial market lends many opportunities for us to provide clients with an alternative solution for their insurance needs,” said Mark Tabler, Global Captives Practice Leader.

Learn more about AHT’s Specialty Captives Program here.

About AHT Insurance

AHT Insurance is a brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal and international services for a wide range of industries – notably receiving national recognition for our practices in areas including technology, manufacturing, government contracting and nonprofits.

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If you would like more information, please visit ahtins.com, call Jennifer Junda at 703.554.6284 or email jjunda@ahtins.com.

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Business: Insurance

MyKey Global Accommodations Introduces Revolutionary ALEase™ Insurance Housing Management Technology

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Get more done, pay less and have happier policyholders

“ALEase™ was designed first and foremost to make the ALE housing claims process easier for the insurer and faster for the policyholder” — Gordon Doell, President and CEO, MyKey Global Accommodations


SASKATOON, Saskatchewan (PRWEB)

MyKey Global Housing, a leading provider of vetted insurance housing solutions in North America, introduces ALEase™, a “request-for-quote” (RFQ) temporary housing fulfillment technology designed exclusively for the homeowners insurance industry to simplify requesting, sourcing, approving and invoicing for temporary housing. Using ALEase™, insurers can increase housing options by 280 percent and fulfill their policyholders’ needs in nearly a third of the time as traditional temporary housing searches, all while saving up to 15 percent on average in loss costs.

Insurers access ALEase™ using a web application that is fully responsive to accommodate any screen size, and whether the adjustor is at home, in the office or on their mobile device. Using a streamlined but robust data-gathering interface, ALEase™ collects all important details regarding the claimant’s housing need, including location, special needs and ALE (Additional Living Expense) budget. In moments, MyKey’s fulfillment team can pair those unique needs against a database of more than 100,000 carefully cultivated hotels, furnished housing providers and vacation rental owners to provide options that meet the claim criteria.

From there, the ALEase™ automated process provides a sharing environment where the insurer, supplier, policyholder and MyKey can quickly approve accommodations, finalize occupancy agreements and communicate pertinent details such as arrival instructions. Throughout the policyholder’s stay, ALEase™ monitors their ALE budget usage, alerts the insurer to request an extension as their client’s departure date approaches, and facilitates conversations between all parties. In addition, ALEase™ provides insurers with extensive reporting capabilities to monitor in-house guests, review invoices, and more.

“ALEase™ was designed first and foremost to make the ALE housing claims process easier for the insurer and faster for the policyholder,” says CEO Gordon Doell. “Insurers have myriad responsibilities during a total loss event or catastrophe. The policyholder’s number one anxiety is getting themselves, their family and their pets to someplace safe and warm and dry. ALEase™ addresses both of those needs to decrease insurer workload and increase policyholder satisfaction.”

“ALEase™ introduces efficiencies that extend to all segments of the housing claims process,” says Vice President of Fulfillment Elle Crane.

“Our goal was to ensure ALEase™ provided 360° support throughout the claims fulfillment and management process. The technology enables MyKey to instantly target vetted supplier partners that best meet all the needs of the guest, and directly issue them the RFQ. For our accommodations partners, the ALEase™ technology maintains a complete database of their properties, including pictures, pricing and policies, so with just a few clicks of the mouse, they can bid on an opportunity,” says Crane.

Adds Doell, with ALEase™, insurers can select the housing options they want to share with their client, the client can choose their preferred option, and MyKey can secure the booking with the supplier – all in moments.

The ALEase™ technology was created based on feedback from insurers, suppliers and MyKey’s own team. It allows for the technology to evolve as well to accommodate new feedback curated using MyKey’s continually active feedback loop. As a result, MyKey currently boasts a Net Promoter Score of 68.

About MyKey Global Accommodations

MyKey is a leading provider of insurance housing solutions in North America, and the creator of the proprietary ALEase™ Insurance Housing Management Technology for insurance housing claims. The company also works with hotels, furnished housing providers and private vacation homeowners to make immediate and long-term housing available to individuals and families displaced from their homes. Suppliers are vetted to ensure they meet MyKey’s rigorous standards for service, quality and response time, and those that agree to MyKey’s Service Level Agreement become endorsed members of the MyKey Global Alliance. Founded in Saskatoon, Saskatchewan, MyKey is a subsidiary of OBASA Hospitality. Visit MyKey at http://www.mykey.com.

For additional information, please contact Mike Dunklee, Chief Marketing Officer at: mdunklee@mykey.com.

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Business: Insurance

A New Article Presents The Main Advantages And Disadvantages of Car Insurance Quotes Online

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“Although online quotes can provide multiple benefits for drivers, there are some cases where quotes can have disadvantages ”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has launched a new blog post that presents the pros and cons of obtaining online car insurance quotes.

For more info and free quotes, please visit https://compare-autoinsurance.org/pros-and-cons-of-online-car-insurance-quotes/

Online car insurance quotes will help policyholders have a better view of the insurance market. Online quotes can offer accurate insurance estimates so that policyholders can plan ahead of an insurance budget.

Drivers that use online quotes will gain multiple advantages, but also some disadvantages. The main advantages of online quotes are the following:


  • They are fast to obtain. Policyholders don’t have to spend countless hours traveling from one insurance agent to another in order to obtain quotes. Drivers only need a good internet connection and a device that can browse the internet. Once an online questionnaire is completed the online quotes will be displayed immediately.

  • Online quotation forms are good negotiations simulators. The same questions an insurance agent will ask during the negotiations can be found on online questionnaires. Completing online forms will help drivers prepare for the real negotiations. Drivers will know what questions they will need to answer and what documents they need to prepare.

  • Online quotes will help drivers discover multiple insurers. Brokerage websites work with multiple insurance companies. Online quotes will allow policyholders to discover multiple insurance companies that are authorized to sell policies in their areas. Some of these insurers can be smaller local or regional companies that can sell better insurance deals.


The main disadvantages of online quotes are the following:

  • Online quotes do not offer the final price. Online quotes are only estimates. Drivers will need to contact an insurance company and negotiate in order to obtain the final price. In many cases, insurance companies will add or subtract different questions, and the final price can be very different compared to online quotes.

  • Some online forms ignore important aspects. Depending on which website is used, some discounts can be missing. For example, there are online forms where drivers can’t mention they have graduated defensive driving courses or they have installed safety devices in their vehicles.


For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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