QuickenInsuranceSM (www.QuickenInsurance.com), the leading online insurance marketplace provided by Intuit Insurance Services Inc., a wholly owned subsidiary of Intuit Inc. (NASDAQ: INTU), announced today that Instant Auto Insurance, New York Life Insurance Company and Wausau Insurance Companies will now offer insurance products through its award-winning Web site. To continue providing the most complete online insurance experience for consumers, QuickenInsurance will be offering a new product from Instant Auto Insurance - coverage tailored to consumers with less-than-perfect driving records; long-term care insurance through New York Life, and for small businesses workers compensation insurance through Wausau Insurance Companies.
"With the addition of these new carriers, we can offer even greater choice for consumers in segments of the insurance market that do not have as many options," said Steven Aldrich, president and general manager of QuickenInsurance.
Enhanced Automotive Choices with Instant Auto
While some insurers may require higher premiums and more stringent limits, Instant Auto offers affordable coverage to consumers with less-than-perfect driving records by offering their products online through unique distribution channels without compromising the high quality of service.
After completing a questionnaire, consumers receive instant and accurate quotes from multiple, highly-rated auto insurance companies in a matter of minutes. Consumers then generally have the option to purchase a policy directly online, a feature offered exclusively through QuickenInsurance.
"Working with QuickenInsurance provides a great opportunity for us," said B.G. Porter, President and CEO. "We share a similar philosophy of bringing quick, affordable and quality insurance services to the driving population of the nation."
Long-Term Insurance Protection with New York Life
Consumers can now research and purchase long-term care products from New York Life Insurance Company through QuickenInsurance. For people who may require ongoing skilled or personal care due to chronic illnesses, long-term care insurance helps consumers afford the necessary treatments for maintaining independent living.
"With QuickenInsurance, consumers interested in coverage for chronic illness care can search for an insurance policy in the privacy and comfort of their own homes," said Ken Grubb, President of New York Life's Long-Term Care division. "QuickenInsurance gives us the ability to reach a broader audience who otherwise might not have the opportunity to understand the risk they face and the options they have for long term care protection."
Workers Compensation Benefits For Small Business from Wausau Insurance Companies
Through QuickenInsurance, small business owners can receive a workers compensation price quote from Wausau Insurance Companies. Workers compensation coverage, which provides protection for employees for work-related injuries and accidents, is required for most small business owners by most states.
"With QuickenInsurance as a distribution channel, we can reach even more small businesses to help insure more employees," said Jim Schulte, executive in charge of eWausau.comSM. "Intuit's customer base of several million small businesses nationwide can help us bring appropriate workplace security to more of the population who work in small businesses."
About Instant Auto Insurance
Instant Auto Insurance is a venture capital backed specialty auto insurance company launched in January of 1999 that operates with a "virtual business model" online and through strategic distribution relationships with Brick and Mortar retailers. Instant Auto Insurance virtual model allows them to keep their expenses and rates low, while maintaining consistently high service levels to their customers and providing a great claim experience. Give them a call at 1-877-754-9534 to speak with one of their friendly consultants or check them out online at www.InstantAuto.com.
About New York Life Insurance Company
New York Life Insurance Company, a Fortune 100 company, is one of the largest insurance companies in the United States and the world. Founded in 1845 and headquartered in New York City, New York Life and its affiliates offer traditional life insurance, annuities and long-term care. On the investment side, New York Life's affiliates provide institutional asset management and trust services and, through a subsidiary, NYLIFE Distributors Inc., provide an array of securities, products and services such as institutional and retail mutual funds, including 401(k) products.
About Wausau Insurance Companies
Founded in 1911, Wausau Insurance is a leading business insurance carrier based in Wausau, Wisconsin. The company has been a member of the Boston-based Liberty Mutual Group since January 1, 1999, and has an A+ (Superior) A.M. Best rating.