RealTime IT News

Insurance Site: More than the Price is Right

[Toronto, CANADA] Kanetix.com has added new comparison features to its Web site, making it the first resource in Canada where visitors can compare automobile insurance companies on more factors than just the price of the policy.

Launched in October 1999, kanetix.com is Canada's first and only full-service, online insurance marketplace.

Users can quickly access insurance information and compare auto, life, and property insurance quotes online from a variety of Canada's leading insurance providers.

The new comparison chart in the kanetix.com auto Quotemaker ranks insurance companies in order of the best price, but also lists each company's rating for financial strength and stability, and its claims rating, indicating customer satisfaction levels.

The chart also includes each company's distribution methods, claims service hours, business hours and accepted payment types.

"We made these changes because we know there is more to choosing an insurance provider than just looking at the bottom line," said Gregory Ellis, Co-founder of kanetix.com.

Ellis said that price is usually first on people's lists of things to compare, but if the rates between companies differ only slightly, people need more information about the company before making a decision.

"We want to give our users the added information they need to help them make an educated insurance decision. There are no other resources in Canada that give as comprehensive an overview of the insurance market as kanetix.com," said Ellis.