When Steven Hsu, a software engineer in New York City, read on a technology website about saving money on car insurance with Gabi, he was intrigued. “Gabi seemed legit and easy to use, and there was no obligation to switch to a new insurance company,” he says. “I thought, ‘Why not…
How accurate are insurance comparison tools? As these tools have sprouted up all over the Internet, it’s a fair question—and the answer depends on which type of tool you’re using. There are two types of insurance comparison tools. The first is owned and engineered by a specific insurance company, such as…
When you bought that cheap TV on Craigslist and it stopped working a week later, your roommate may have said: You get what you pay for. It’s a classic adage that means if you want high value, you must pay a higher price. While the saying holds true in some cases…
The Travelers Companies is the third largest provider of personal insurance in the United States through independent agents. Travelers provides insurance products to both businesses and individuals in the United States, Canada, the United Kingdom, Ireland and Brazil. Travelers insurance is sold through about 14,000 independent agents and brokers. The company…
A cheap pair of shoes will probably wear out long before an expensive pair. And a housepainter with the cheapest rates may leave more smudges on your walls than the more expensive alternative. But when you pay less for insurance, that doesn’t necessarily mean you’re getting less value. Unlike shoes and…
Your home is likely your most valuable investment, and the right homeowners insurance can protect that investment against the risk of fire, hail and other damages. But your insurer will only pay for as much as your policy warrants, so it’s crucial to make sure you have enough insurance to cover…
State Farm is an insurance and financial services company that services more than 80 million insurance policies in the United States. Company Roots: In 1922, a retired farmer named George Mecherle founded State Farm as a mutual insurance company for auto insurance. The company started out with a specialty in offering…
We all need car insurance, home insurance or renter’s insurance, but many of us don’t quite understand how it works. But if you understand how insurance works, you’ll be more likely to save money on insurance. Here’s what you need to know. How Insurance Companies Make a Profit Insurance customers pay…
The Progressive Corporation is one of the United States’ largest providers of car insurance, with more than 13 million policies. Company Roots Progressive was founded in 1937. By 1956, the company had established a niche of insuring more risky drivers. In 2016, Progressive had more than $20 billion in annual premium…
Every month, Myong Cross was paying $82.50 each month for car insurance. A healthcare administrator in Arizona, Cross was able to make the payments but the price just seemed too high. “My car financing company told me about Gabi and I was ready to check it out,” Cross says. “I was…