[COMMUNICATED]Looking for affordable home and auto insurance can be a daunting task, but this tech startup is making it easier than ever before. With its innovative approach to buying insurance, users can get personalized quotes and purchase coverage from leading carriers in under five minutes – all without speaking to an agent or filling out long forms.
Many of us are looking for the most affordable insurance coverage to meet our needs, but it’s hard to know where to start- What do the different coverage terms mean? How much coverage do we actually need? This problem is what led one tech startup in New Jersey to come up with a new way of doing things, making the process easier than ever before.
The company, 5 Minute Insure, has launched an innovative end-to-end website that offers quotes from leading carriers and allows users to compare and purchase their insurance policies without needing to call an agent – all within the same platform and in under 5 minutes.
5 Minute Insure leverages the latest technology in artificial intelligence (AI) to provide personalized quote recommendations based on each person’s unique circumstances – think car type or location. If users would like additional support with more questions about the policies, live agents are readily available.
“People love shopping online and need to be able to trust their digital agent when choosing insurance. The world doesn’t need another platform that claims to provide quotes, but in turn sells your info as a lead, subscribing you to endless spam calls from third-party companies. 5 Minute Insure is your agent, and sets up your insurance. We recommend 3 different coverage levels, and display the top 3 carriers competing for our clients business. Then, we walk clients through purchasing their policy with a live-chat agent. This process takes no more than 5 minutes– we only collect the information we need to provide a quote and we never sell our customer’s information” (Moshe Fishman, Director of Insurtech at 5 Minute Insure)
5 Minute Insure is a division of an insurance industry leader, Reliance Global Group, Inc. (NASDAQ: RELI, RELIW). Reliance Global includes independent agents in a network that stretches across the United States and has established relationships with some of the country’s leading insurance carriers.
The company has developed a unique approach to its business model – it’s not a single insurance company but rather works with top carriers across the country to deliver exceptional service while maximizing value for consumers like you. All insurance fees are set by insurance companies directly, and there is no cost to use the 5 Minute Insure platform.
It’s not only the end-to-end smooth customer experience that makes this company special. Their deep understanding of technology has enabled them to develop a platform unlike anything else in insurance. The AI engine behind their system analyzes each customer profile, drawing on information from different data points when making personalized recommendations for competitive quotes. Thus far, they have been selling policies for a few months and the raving customer reviews show that they are changing the game for consumers like us.
“I would recommend this service to anyone who wants an easy way of getting insurance fast at a great price.”
The company is based out of New Jersey but serves customers across the country. As a tech startup that is changing the way we buy and sell coverage, it’s great to hear about innovative new products like this one making waves in the industry. With so much momentum behind them, it will be interesting to follow how they continue to grow as more people discover their platform.
5 Minute Insure is changing the insurance game by providing users with a holistic experience that meets their needs quickly and easily. With its innovative approach to buying coverage, users can get personalized quotes from leading carriers in under five minutes – all without speaking to an agent. For more information or to get a quote, visit their website today! Want more information? Visit their website today and see if they can help with your insurance needs.