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Insure.com Makes Buying a Safe Vehicle Easier With New S.A.F.E. Car Program

Quotesmith.com, Inc. (ticker: QUOT, exchange: NASDAQ) News Release - 2/06/02

Insure.com Makes Buying a Safe Vehicle Easier With New S.A.F.E. Car Program

WEST HARTFORD, Conn., Feb. 6 /PRNewswire/ - Insure.com, a wholly owned subsidiary of Quotesmith.com (Nasdaq SmallCap: QUOT), is responding to increasing consumer demand for help in identifying the safest new vehicles by today launching its S.A.F.E. (Safe Autos for Everyone) Car Program.

"It is nearly impossible for the average consumer to determine which car will provide the highest degree of safety for their family," says Amy Danise, Editor of insure.com. "The S.A.F.E. program just does that, identifying the safest in six categories."

The safest car models of 2002, based on data available so far, are:

  • Chevrolet Impala 4-door
  • Ford Windstar
  • Honda Civic 4-door
  • Lincoln LS
  • Toyota Sienna
  • Volkswagen Jetta 4-door
  • Volkswagen Passat
  • Volvo S80

Using crash test data from both the Insurance Institute for Highway Safety (IIHS) and the National Highway Safety Administration (NHTSA), insure.com's S.A.F.E. Car Program sifts through the hundreds of makes and models to identify the safest vehicles in six categories: small cars, medium-sized cars, large cars, SUVs, vans, and pickups. Because not all 2002 models have yet been tested by both organizations, additional winners may be added as data become available.

No 2002 SUV or pickup has yet made the grade.

To earn the S.A.F.E. Car designation, the model must be tested by both the IIHS and NHTSA and receive a rating of:

"Good" in the IIHS's overall frontal offset crash test performance rating (on a scale of "Poor," "Marginal," "Acceptable," and "Good").

Five stars in NHTSA's frontal-impact crash tests and four or five stars in NHTSA's side-impact crash tests (on a scale of one to five stars), meaning a 10 percent or less chance of serious injury in an accident.

Further, because SUVs and pickup trucks are more than twice as likely to be involved in rollover crashes, these types of vehicles must score no lower than four stars in NHTSA's rollover resistance rating (on a scale of one to five stars), meaning a 20 percent or less chance of a rollover in a one-car accident.

More details about insure.com's S.A.F.E. Car Program can be found at http://www.insure.com/auto/safecars/

About insure.com and Quotesmith.com

Founded in 1984, Quotesmith.com owns and operates two comprehensive online consumer insurance information services, www.insure.com and www.quotesmith.com. Catering to self-directed insurance shoppers, Quotesmith.com provides a comprehensive array of comparative auto, life and health quotes, including news, information and decision-making tools that are not available from any other single source. Visitors to the company's Web sites are able to obtain instant quotes from more than 300 leading insurers, achieve maximum savings and have the freedom to buy from any company shown. Quotesmith.com generates revenues from the receipt of commissions, fees, content licensing and advertising revenues paid by participating insurers. Quotesmith.com also provides personalized insurance brokerage and policy placement services for its customers. Shares of Quotesmith.com trade on the Nasdaq SmallCap Market under the symbol "QUOT." Insure.com is a leading provider of consumer insurance information. With insure.com's interactive tools, feature stories, helpful tips, and news reports, consumers can become savvy insurance shoppers.

Cautions about Forward-Looking Statements

This announcement may contain forward-looking statements that involve risks, assumptions and uncertainties pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. This announcement also contains forward-looking statements about events and circumstances that have not yet occurred and may not occur. Expressions of future goals and similar expressions including, without limitation, "intend," "may," "plans," "will," "believe," "should," "could," "hope," "expects," "expected," "does not currently expect," "anticipates," "predicts," "potential" and "forecast," reflecting something other than historical fact, are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Investors should be aware that actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. Reported Web site activity and/or quotes are not necessarily indicative of any present or future revenue. Quotesmith.com will not necessarily update the information in this press release if any forward-looking statement later turns out to be inaccurate. Potential risks and uncertainties include, among others, Quotesmith.com's ability to successfully launch and realize revenues from new products and services, potential business risks associated with generating revenues from the insure.com platform, limited e-commerce operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risks of system interruption, the evolving nature of its business model, the increasingly competitive online commerce environment, dependence on continuing growth of online commerce and risks associated with capacity constraints and the management of growth. More information about potential factors that could affect Quotesmith.com's financial results are included in Quotesmith.com's Annual Report on Form 10-K for the year ended December 31, 2000, and Quotesmith.com's Quarterly Reports on Form 10-Q for the periods ended March 31, 2001, June 30, 2001 and September 30, 2001 which are on file with the United States Securities and Exchange Commission. Some insurance companies appear at Quotesmith.com for purely informational purposes only and pay no compensation to Quotesmith.com and some insurers pay commissions or fees to Quotesmith.com based upon premium volume or traffic activity produced by Quotesmith.com. Quote availability by state or any other factor is subject to change without notice. Quotesmith.com, insure.com, LTCompare and QuotesmithPro are service marks of Quotesmith.com, Inc. All other names are trademarks of their respective owners. Copyright 2002. All rights reserved. Insure.com, Inc.

CONTACT: Dan Nahorney of insure.com, (860) 233-2800, ext. 29, dnahorney@insure.com

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