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February 14, 2006

Online car insurance gaining speed

Insurance.com, a US online auto insurance agency, has seen quote requests jump by more than 20% in 2005. A figure, it claims, which is indicative of the growing comfort people have with internet shopping.

By CBR Staff Writer

The Insurance.com website pulls together a dozen insurance carriers, which all provide immediate quotes on request. Customers are then able to view side-by-side comparisons to identify the best policy for their needs and buy online.

It is a system that is finding favor throughout the retail world, with many website offering similar services in the electronic and consumer goods areas.

During the past five years we have seen a tremendous growth on our site as a result of customers’ increased confidence level with the internet, stated Insurance.com President Lou Geremia. We’ve embraced this new growth by adding over 100 licensed insurance agents to our sales center and have extended our sales center hours to 8 a.m. to 1 p.m. Eastern Standard.

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