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Microsoft, InsWeb Launch Insurance Center

Juiced by InsWeb Corp.'s technology, Microsoft Corp. Thursday launched the MSN Insurance Center.

Consumers who visit the MSN Insurance Center at the MSN MoneyCentral finance service will be able to shop for insurance easier, access expert advice and participate in step-by-step workshops.

InsWeb InsWeb, the Internet's leading insurance marketplace, allows consumers at the MSN Insurance Center to research, compare and select coverage for auto, term life, home, renters and individual health insurance through InsWeb's 49 participating insurance providers.

Through Microsoft's agreement with InsWeb, consumers can now shop for insurance across the MSN network, including through the MSN HomeAdvisor online real estate service and the MSN CarPoint online automotive service, which provide convenient access to home or auto insurance.

"MSN is dedicated to providing consumers with the most complete selection of leading financial tools and information in one place on the Web, and our alliance with InsWeb is a significant extension of this," said Erik Jorgensen, product unit manager for MSN MoneyCentral.

Features of the insurance center include:

  • InsWeb's online marketplace -- users can request multiple quotes and information from leading insurers participating at InsWeb's online marketplace
  • Easy insurance selection -- visitors can select insurance coverage online through leading carriers on InsWeb.
  • Do-it-yourself tools -- insurance estimates can be quickly and easily reviewed through interactive features such as the Homeowners Insurance Quick Estimate and the Auto Coverage Analyzer. These tools can help consumers better understand a range of factors that may affect their insurance premiums and coverage choices
  • Life insurance needs estimator -- consumers can use this calculator to quickly help determine the appropriate level of life insurance coverage, based on several financial variables such as one-time expenses, years of need and other assets.

InsWeb, rated the No. 1 insurance site by Gomez Advisors, helps consumers save time and money by providing free insurance quotes sponsored by the nation's leading insurance companies. In May, Microsoft's Japanese unit agreed to a 2 percent stake in InsWeb by buying shares from SOFTBANK, which owned 53 percent of InsWeb.

MSN MoneyCentral is a complete online personal finance resource delivering leading financial tools and information.



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