An application can now unlock a full spectrum of insurance options
Chicago, April 12, 2023 /PRNewswire/ — Guaranteed Rate Insurance LLC, one of the fastest growing national insurance brokers, backed by Guaranteed Rate, the nation’s second largest retail mortgage lender, now offers customers a convenient way to compare and buy home, auto, life and other over 50 Insurance policies from more top-rated carriers, all at once, with a single online application.
The new digital insurance marketplace is embedded into Guaranteed Rate’s home financing application process, providing an additional way to get to the closing table faster. The insurance marketplace is designed to integrate with other business partnerships outside of mortgage to make it easier for consumers to buy insurance.
“This platform is another example of how Guaranteed Rate Insurance is driving fintech innovation,” said Guaranteed Rate Head of Insurance and Executive Vice President, Jeff Wingate, said. “Our mission is to create a seamless and easy-to-use digital experience to meet our customers’ fast-paced lifestyles.”
The application process is simple: customers can enter basic demographic information to get various quotes for home and auto insurance coverage. Anyone experiencing sticker shock with their latest insurance bill can quickly check if better and more affordable coverage options are available.
To create this new insurance marketplace, Guaranteed Rate’s insurance product and technology teams leveraged their nearly 30 years of insurance technology expertise to create an innovative, proprietary, secure and intuitive end-user digital experience.
“As we continue to innovate rapidly, our mission is to provide customers with best-in-class online tools that simplify the process of shopping, comparing and purchasing insurance. That is our promise,” said Ryan HaggardVice President of Guaranteed Rate Insurance and Head of Insurance Product and Technology.
Guaranteed Rate Insurance will continue to expand its digital insurance marketplace throughout 2023 and beyond, offering additional carriers and integrated products on the platform that will provide customers with more options and even faster results.
“Our parent company has long been a technology pioneer and leader in home mortgages,” added Wingate. “We are now perfectly positioned to offer a digital insurance marketplace to ensure our customers are properly covered and confident in their insurance options.”
Guaranteed Rate Insurance Marketplace Online at rate.com/insurance Agents are readily available to help guide and advise customers on coverage throughout the process.
About Guaranteed Rate Insurance
Guaranteed Rate Insurance is a national insurance brokerage, licensed in all 50 states, offering comprehensive personal, commercial, specialty and life insurance products. Founded in 2008, Guaranteed Rate Insurance is owned by Guaranteed Rate, the nation’s second largest retail mortgage lender. Guaranteed Rate Insurance has built a reputation for providing impeccable customer service as demonstrated by its 98% customer satisfaction rate*. With a growing team of insurance agents and a powerful digital platform, Guaranteed Rate Insurance searches for great rates from over 50 top-rated insurance carriers, while providing a “personal shopping” experience. Visit rate.com/insurance for more information.
*98% Customer Satisfaction: Data source is Guaranteed Rate Client Satisfaction Survey (2020-2021 average)
Source Guaranteed Rate Insurance