Insurify: A Comprehensive Review of the Insurance Comparison Platform
Searching for the right insurance policy can be quite a task! It requires time, patience, and a clear understanding of insurance terms and conditions. But what if there is a platform that simplifies the entire process? Enter Insurify, a digital insurance agent designed to provide you with quick and accurate quotes from various insurance companies. This article will dive deep into Insurify’s offerings, how it works, its pros and cons, and how it compares with other platforms in the market.
What is Insurify?
Established in 2013 by Snejina Zacharia, Insurify is a technology-driven insurance comparison platform that allows users to compare car, home, and life insurance policies from a variety of providers. Although Insurify is not an insurance provider, it serves as a one-stop-shop for insurance shoppers, providing a multitude of options to choose from, based on the user’s specific needs and preferences.
How Does Insurify Work?
Insurify partners with numerous insurance companies, leveraging proprietary technology to secure real-time quotes. To get started, users need to select the type of insurance they need – car, home, or life – and enter their ZIP code. The platform then asks a series of questions about the user’s current insurance status, reasons for shopping for insurance, and details about their vehicle or home.
Once all the required information is provided, Insurify processes the data and presents a list of insurance quotes from various providers. These quotes are customized based on the user’s needs and preferences, and the platform even highlights potential discounts for which the user may qualify.
The User Journey: Obtaining Quotes from Insurify
Selecting the Insurance Type
The user journey on Insurify begins with selecting the type of insurance – car, home, or life. For instance, if a user is looking for car insurance, they need to provide details about their vehicle, including the year, make, model, and trim.
Providing Personal Information
Next, users are required to provide personal information such as their name, birth date, and gender. They are also asked about the status of their driver’s license, if they require an SR-22 certificate, the age they got their driver’s license, their credit score, and their highest education level.
Identifying Potential Discounts
In this step, users can select options that may qualify them for certain discounts. These options include being a homeowner, being employed, being married, being a student, being a military member or veteran, or being an AAA member.
Providing Current Insurance Details
If users already have car insurance, they need to select their current car insurance company and provide details about when their current policy expires, how long they’ve been insured with the company, and their current bodily injury coverage limits.
Revealing Accident and Claim History
Users are also asked about any accidents, tickets, or insurance claims they’ve had in the last 5 years.
Inputting Contact Information
Finally, to get the quotes, users need to input their email address and phone number. Insurify then processes the information and provides quotes from different insurance companies.
Customizing Your Coverage with Insurify
One of Insurify’s standout features is its ability to customize coverage parameters. Users can adjust their coverage configuration on the fly, and new search results will instantly appear based on the modified coverage. For instance, users can adjust their bodily injury, property damage, collision, and comprehensive coverage limits, and decide if they want roadside assistance or car rental coverage.
Insurify also allows users to choose their policy term length. These customization options ensure that users get insurance coverage that best suits their needs and circumstances.
The Cost of Using Insurify
Insurify is a free-to-use platform. It earns revenue through its partnerships with insurance companies. Users do not pay anything to Insurify, but will need to pay the insurance premiums to the insurance company they choose to purchase a policy from.
Customer Satisfaction and Reviews
Insurify has gathered a fair amount of positive customer reviews over the years. On the Better Business Bureau (BBB), it has a rating of 4.72 out of 5 stars, based on 144 reviews. On Trustpilot, Insurify has a “Great” rating of 3.8 out of 5 stars.
Despite these positive reviews, Insurify is not an insurance company, so customer satisfaction will largely depend on the insurance company users choose for their auto, home or life insurance. To review the service scores of individual companies, users can consider third-party agencies like J.D. Power, the National Association of Insurance Commissioner (NAIC), AM Best, and Standard & Poor’s (S&P).
Insurify vs. Other Comparison Platforms
When compared with other insurance comparison platforms, Insurify stands out due to its ease of use, speed, and accuracy. Other platforms like State Farm, Auto-Owners, and Progressive also offer online quotes. Insurify’s unique selling point is its quick quote feature and more in-depth quote option. This allow users to get a quick quote based on a few health metrics or a more detailed quote based on deeper medical questions.
However, it’s important to note that Insurify only provides term life insurance quotes, and users might have to visit each carrier’s website to see rates. Also, the rates might change as users finalize the quotes directly with the insurer.
Is Insurify a Good Choice?
Insurify’s primary value proposition lies in its ability to provide quick, accurate, and comprehensive insurance quotes from various providers. It’s a great tool for those looking to save time and effort in their insurance shopping process. However, as with all comparison tools, it may not be suitable for everyone, and users may still need to get quotes from other insurance companies directly.
Conclusion
In conclusion, if you’re in the market for a new insurance policy and want to compare rates from various providers quickly and conveniently, Insurify could be a good option for you. Always remember to review all your options thoroughly and choose the one that best suits your needs and budget.
