Attention Louisianans! Online comparison shopping for auto insurance
just got much easier. To help answer the question, "How do I know I'm
getting a great deal on auto insurance?" Walmart is working with AutoInsurance.com,
to bring customers in Louisiana a first-of-its kind auto insurance
comparison service that helps drivers quickly buy and save significantly
on policies. According to the National Association of Insurance
Commissioners, drivers in Louisiana pay an average of $1,110.68 annually
per vehicle in insurance premiums, the third highest in the nation.
AutoInsurance.com provides customers with multiple quotes from many of
the leading national insurance carriers, including Progressive,
Esurance, Safeco, The General and others within minutes. The service is
available immediately throughout Louisiana, with plans to be offered
nationwide in the coming months.
"Our business is driven by a commitment to taking products and services
that are complex and pricey and making them easy and affordable," said
Daniel Eckert, senior vice president of services for Walmart U.S. "Our
customers too often have to settle for auto insurance policies that
aren't the best fit and cost more than they want to spend. With
AutoInsurance.com, we're helping our customers in Louisiana save money
on one of their largest household expenses in a new, quick and easy way."
In a national survey commissioned for AutoInsurance.com, nearly half of
respondents felt that they overpay for insurance - including health and
auto - more than any other recurring monthly expense. And when it comes
to the time it takes to shop around, more than half of respondents don't
feel the savings would justify the effort.
"Today, nearly 90 percent of people comparison shop online for products
and services like airline tickets, but our survey data shows that only
one in five comparison shop for auto insurance," said Joshua Kazam,
founder of AutoInsurance.com. "We want to make comparison shopping for
auto insurance much simpler and faster for everyone who wants to save
money on their premiums. We believe strongly in the power of comparing.
It's how you know you got a great deal on auto insurance."
Studies show that Louisiana customers could really benefit from
AutoInsurance.com. According to the Insurance Research Council, nearly
13 percent of drivers in the state are uninsured, ranking Louisiana the
22nd highest in the nation for uninsured motorists.
"AutoInsurance.com is a real opportunity for Louisiana customers to gain
increased access to affordable auto insurance coverage," said Kazam.
One-Stop Shopping for Auto Insurance
Unlike a lead generator, AutoInsurance.com brings quick and easy access
to the auto insurance shopping experience by allowing customers to
compare and buy real policies all in one place. Here's how it works:
How it Started
AutoInsurance.com, which is operated by a licensed property and casualty
insurance agency, was created after Walmart had the idea that there
needed to be a better way for customers to compare, buy and save on auto
insurance. As the exclusive retailer and marketing partner of
AutoInsurance.com, Walmart customers will be able to access the service
directly from its website at www.walmart.com/autoinsurance.
Existing Barriers and Savings Opportunities for Younger Consumers
Results of the survey commissioned for AutoInsurance.com, which polled
over 5,000 drivers, revealed that auto insurance premiums take a
particularly big toll on the finances of millennials who use the
internet effortlessly and account for a large portion of online shoppers.
"Every consumer deserves the opportunity to be able to save money on
their auto insurance," said Kazam. "What we're doing is bringing
transparency and simplicity to the shopping process and experience."
For more information about AutoInsurance.com, please visit http://blog.walmart.com,
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere - in retail stores, online
and through their mobile devices. Each week, more than 245 million
customers and members visit our 10,955 stores under 69 banners in 27
countries and ecommerce websites in 10 countries. With fiscal year 2013
sales of approximately $466 billion, Walmart employs more than 2 million
associates worldwide. Walmart continues to be a leader in
sustainability, corporate philanthropy and employment opportunity.
Additional information about Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.
Online merchandise sales are available at http://www.walmart.com
AutoInsurance.com is a first-of-its-kind service that helps customers
compare, buy and save on auto insurance policies from multiple national
insurance carriers online or by phone. Tranzutary Insurance Solutions
LLC, which does business as AutoInsurance.com currently in 40 states, is
a licensed property and casualty insurance agency. The company is based
in Fort Lee, New Jersey with licensed agents in all 50 states operating
out of a call center in Charlotte, North Carolina.
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