Brand Spotlight: Insurify Insurance Review
Have you ever been shopping for an insurance policy and became so overwhelmed that you found yourself lost within the first 10 minutes of the process? This is exactly why Insurify was created. The overall goal of Insurify is to give you live comparisons of multiple insurance policies that match your needs all within one place.
Insurify itself is an online marketplace where you can obtain multiple quotes from different insurance companies after you fill out some basic information. The company can be considered a virtual insurance agent as it allows customers to tailor insurance options through the information they provide on a completely digital platform.
Simply putting it, the Insurify platform shows you a snapshot that provides you with the necessary information to help you determine what policy is the best for you. Interested in finding an easy way to make the right insurance policy choice for yourself? Keep reading to see why Insurify might be for you.
Who Owns Insurify?
Insurify was founded in the year of 2013 by CEO and founder Snejina Zacharia. The founder developed the idea after being presented with a very inefficient shopping experience in terms of car insurance. She only had two options, which consisted of spending hours on end on the phone with an agent or still spending multiple hours on a lead generation website.
Even with going with that option, she would not have been presented with any quotes in return.
This is how Insurify was born, to alleviate the stress of spending hours on the phone communicating with agents and still not receiving the information that you need and by eliminating the need to use lead generation sites that produced no quotes.
The company was also founded by two others; an MIT fellow, Giorgos Zacharia, and the president of kayak.com, Tod Kiryazov.
Where Is Insurify Located?
Insurify is based in Cambridge, Massachusetts, and has a large online presence within the online insurance marketplace. Its corporate office has around 50 employees.
The company launched its online site in the year 2016, and the purpose of the company is to assist with comparisons of insurance quotes from a large number of other companies. During that year, the company already expanded its coverage to about 30 states.
How Does Insurify Insurance Make Money?
The company delivers real prices that come directly from insurance companies, and Insurify currently holds a 4.8 out of 5 customer satisfaction rating on Google out of 2700 recorded reviews and 12,686,064 quotes. Insurify is the top and most rated insurance comparison platform in the United States.
Insurify is just like any other insurance-based marketplace. The company gets paid whenever a policy of one of its partner providers is purchased by one of its customers.
As a matter of fact, Esurance and GEICO are great examples of insurance providers that actually pay Insurify to develop potential leads for them through their platform. This tactic allows these two insurance providers to increase the amount of business and traffic that is directed towards them.
The platform utilizes a predictive modeling system, and that is what makes the shopping experience so efficient and easy to navigate for customers. If you weren’t already aware, Insurify is the operator of Evia, which stands for expert virtual insurance agent. It simply allows its users to search for different policies by texting a picture of their license plate.
The company’s innovations within their operations are unlike no other platform, and this is why they are the most popular option for comparison-based insurance searches.
The company also created a software called, RateRank which is used to match every customer’s profile along with their risk levels to the most appropriate insurance provider and policy based on that information.
Insurify Car Insurance Review
Insurify holds an A+ plus rating from the Better Business Bureau and is known for keeping customers information secure, all of your data encrypted, and they do not allow third parties to reach out to any customers that utilize their site. They are a legitimate insurance agency platform that specializes in generating multiple comparisons and putting their customers first.
In terms of car insurance quote comparisons, the company works with a large number of top insurers to ensure that their customers have a wide range of options for their car insurance policies along with other types of insurance. The company to date has sold $170 billion+ in different insurance coverage amounts.
How Do Insurify Car Insurance Quotes Work?
Insurify claims to be experts at saving their customers time and money. The company has done a great job portraying this claim so far as they provide customers with personalized prices and take them through a full shopping experience with efficiency in mind. With Insurify, customers can expect to receive quotes at the cheapest rates possible and all within 2 minutes.
The process is truly simple, fast, and innovative, considering how we used to shop for insurance by going into a branch office. Car insurance quotes are usually as accurate as of the information that you input into the system.
The way it works is by having a customer provide certain information that will allow the computer to tailor the given information to that of policies within the company’s network that would suit the answers that they provided.
You should know that car insurance quotes do vary across different companies regardless of the similarities between the information that you provide. This is where Insurify makes the process simple as it keeps you from having to input the same information into different sites multiple times period. With Insurify, you can do everything within one place.
How does the process start? These are the steps that you would follow to get a car insurance quote on Insurify:
- Input your zip code.
- Answer any questions about yourself, your car, and preferences for coverage.
- Review side-by-side quotes that will be administered by Insurify.
- Make your purchase or online or by phone after reading through the different policy coverage information that you are presented with.
Basically, you would be spending about 5 minutes on the platform. That time will consist of you answering specific questions that will help the system create an appropriate policy list for you. The site will then present you with an easy-to-read comparison of different quotes from both national and regional auto insurance companies, in that’s it.
The process is pretty simple, and you may benefit from knowing that Insurify is one of the fastest ways to compare different quotes. It takes out the hassle of filling out long applications more than once and presents you with cheap and accurate quotes from the start.
The founder of the company knows that no two drivers are the same, so the platform was created to approach each search for customers based on the particular information that the customer provided.
Insurify Life Insurance Review
Insurify remains transparent by offering life insurance policies that reflect exactly what you tell the system it is that you need. Whether you want to secure the financial future of one of your dependents or if you generally want to ensure that your family is taken care of in the situation of your passing, this company will present you with multiple options from top providers.
You may find that you will not have as many life insurance policy options as you would car insurance policy options due to the fact that Insurify started to offer life insurance options after their initial launch.
How Do Insurify Life Insurance Quotes work?
Just like car insurance quotes, life insurance quotes through Insurify work similarly. You can easily explore multiple quotes through the company’s platform and receive a structured comparison after providing some pertinent information. You can trust that your quotes will always be personalized and, of course, that you won’t receive any junk mail or unsolicited calls after doing so.
Insurify stands out by stressing the importance of knowing what comes with your policy when you are presented with it. They focus on educating potential customers on the fact that life insurance policies are legally binding documents between the insurance provider and the customer.
They also go into depth by answering questions like; what happens at the end of your life insurance policy?, How do payouts for life insurance generally work? etc.
The company offers term life insurance, permanent or whole life insurance, variable life insurance, and even universal life insurance.
Outro
Now you’re all caught up on what to know about the country’s leading insurance comparison platform. Insurify offers multiple settlement options in terms of life insurance payouts. some of these options include; interest-only payments, lump-sum cash payments, payments for fixed periods or for fixed amounts.
The search process is pretty simple as it generally takes 5 minutes or less to complete. You do not have to go through any medical exam plans, and you will still have the option to receive discounts when buying a policy online or on the phone with an agent.
When searching for life insurance, the company will often present you with ten or more quotes, and then you would be prompted to choose a plan where you will be presented with 50 or more quotes and along with plans from a more specific list of life insurance companies.
The last step is to review any provided information on the policy that you have chosen and then purchase it in whichever way that you choose.
Insurify prides itself on a few things. They don’t hide any fees, and their services are easily navigated and swift in the time it takes for customers to receive solutions that are best suited to them.
Customers can speak with a live agent or utilize the online platform and conduct searches knowing that the company will offer them the best rates from top insurers.
The policies they show usually start from $29 per month, but Insurify goes out of its way to provide its customers with discounts which are why they offer exclusive rates solely found on their site.
These differ greatly from other companies, given the fact that they do not sell your information. They focus on quality and not just quantity and allow the customer to be fully in control of their shopping experience. Another great side to Insurify is that they don’t spam your phone with unnecessary calls or texts after you sign up for free quotes.
