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Infographic describing the market need for the ValChoice platform helping users select their car and home insurance

ValChoice Takes On the Insurance Industry with the First Comprehensive Platform for Rating and Selecting Car and Home Insurance

BEDFORD, NH – January 28, 2020 – ValChoice, the leading insurance analytics and ratings service, today unveiled two free services to guide consumers through the process of discovering, evaluating, and selecting home and auto insurance. The new Car and Home Insurance Calculators expose the massive insurance pricing disparity that causes millions of consumers to overpay for subpar insurance protection. Entering just a few pieces of information into ValChoice’s calculators, consumers can find a fair, justified, consumer-friendly price point for insurance in their area, and can use that information to shop for coverage. Click here for infographic.

In addition to the calculators, ValChoice now provides free independent insurance company ratings and an optional opt-in service that matches consumers directly with agents for the best companies.

“The insurance purchasing process is a mess and consumers are often victims, overpaying substantially for poor protection,” said Dan Karr, CEO and Founder of ValChoice. “Because there’s no transparency across the industry, you can have two people with the exact same car, driving record, age, address, and credit score. – and simply by going to two different insurance companies, one pays $1,000 per year while the other pays $4,000. And the price paid is no guarantee that the provider will pay a claim should the consumer file one. ValChoice aims to solve both of these problems.”

ValChoice uses data collected by state insurance regulators to measure insurance companies and coverage value across three critical factors: price, protection (claims handling) and service. ValChoice makes this information freely available to consumers in the form of insurance company ratings, and through the organization’s new calculators. No government entity, insurance company, or other organization provides this caliber of consumer transparency and service.

The Complete ValChoice Platform

ValChoice’s innovative platform turns insurance buyers into informed consumers. ValChoice tools can be used independently or together for a complete and simplified process for protecting consumers’ most valuable assets — their autos and homes.  The tools include:

About ValChoice

ValChoice® is the only company to provide consumers, agents and advisors with information on which home and auto insurance companies offer the best value: price, protection (claims handling) and service.  The company’s analytics platform collects and analyzes millions of financial and complaint data points and delivers the results in an easy-to-use service that Forbes Magazine describes as “Carfax for insurance.” Using ValChoice, consumers are finally able to shop for insurance based on value rather than making decisions blindly based on price or advertising campaigns. ValChoice was established after its founder was involved in a serious accident and multiple insurance companies refused to pay his medical bills.  He vowed to help others avoid the same outcome.

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Contact:

Anna Walsh

anna@pacepublicrelations.com

(212) 254-4730

 

Copyright 2020. All rights reserved. ValChoice and the ValChoice logo are registered trademarks of ValChoice, LLC.

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