CHICAGO, Jan. 21, 2016 /PRNewswire/ -- Insurance Noodle, the online, membership-based platform that provides insurance agents with immediate access to top-rated insurance carriers, today announced the rollout of its new homeowner's insurance quoting capabilities. With Insurance Noodle, agents were accustomed to technology that provides small commercial insurance quotes for 1,200 industry classes at unprecedented speeds. Now, agents who join Insurance Noodle can also access homeowner's quotes for standard, difficult-to-insure, and high-value homes. Agents can access quotes for renter's and condo insurance, too.
Historically, independent and captive agents have had limited choices when it comes to finding homeowner's, renter's, or condo insurance for their clients. All carriers aggressively manage their risk, meaning that appetites to write a policy can change from town to town and even from block to block. When a go-to carrier will not cover a home, having access to multiple carriers can mean the difference between getting clients coverage and pushing that business to another agent who can.
"With Insurance Noodle's robust technology, agents use a single application to obtain homeowner's quotes from multiple carriers for an extremely broad risk profile," said Ralph Blust, President of Insurance Noodle. "Essentially, if their client owns a home, we can get it covered."
Insurance Noodle's homeowner's portal lets agents quote risk through a universal application and delivers bindable offers with speed. Blust predicted that agents will be able to quote hard-to-place risks and homes worth more than $2 million within a couple of days, while standard homes can see quotes in minutes. Traditional insurers take weeks to bind a homeowner's policy.
"In commercial lines, our members benefit from our speed and accuracy," said Blust. "We are simply extending this experience to personal lines. Agents no longer have to wonder if they can meet their clients' deadlines. Submit the risk through Noodle, and there will be a market."
For more about Insurance Noodle's homeowner's solution, insurance agents can visit www.insurancenoodle.com.
About Insurance Noodle
Insurance Noodle established itself as a pioneer in online quoting in 2001. Since then, it has provided independent agents with online access to insurance products and services through a single-entry, multi-carrier, multi-line, web-based portal. Insurance Noodle was formerly a subsidiary of Willis Group Holdings, PLC. For more information, visit Insurance Noodle's website.
SOURCE Insurance Noodle