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Insurance Quote Marketplace, an open and transparent insurance quoting request auction for most types of insurance, offers consumers or businesses an anonymous and hassle-free way to request auctioned insurance quotes directly from professional insurance brokers. – All Free.
Consumers do not provide any personal identifiable information for a quote– no last name, address, phone number, drivers license number, social security number or email address.
While identity is omitted, brokers are provided enough detail to generate quotes with real rates, tailored to the consumer’s request. Once the consumer submits a request, any broker visiting Ratenow can browse outstanding requests and view competing quotes offered by other brokers. However, only brokers who are registered may participate in this Insurance Quote Marketplace and submit their quote responses back to consumers.
Ratenow does not limit the number of quotes a consumer may receive and offers a standardized quote form to make comparing quotes easy — along with each companies rates and feedback. The Insurance Quote Marketplace quote request requires broker to disclose all fees upfront and estimated payment options. This makes it easier for consumers to compare insurance quotes on an apples-to-apples basis, note any differences and better evaluate overall affordability.
The consumer decides which broker they want to contact, if any, maintaining complete control of the process. Only when a consumer contacts a broker will their identity be revealed but only by the consumer personally. One last thing, consumers can request additional quotes at any time later without re-entering the same information.
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