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Insure.com makes buying a safe car easier

Quotesmith.com, Inc. (ticker: QUOT, exchange: NASDAQ) News Release - 9/10/2002


Insure.com makes buying a safe car easier

 

EAST HARTFORD, Conn., September 10/PRNewswire/ -- The tool that has helped hundreds of thousands of consumers to buy safer cars has just gotten better.

Today, insure.com rolled-out its enhanced Car Crash Performance Tool, which allows consumers to compare crash results of two vehicles side-by-side. "Because safety has once again become consumer's top concern when buying a car, the timing of insure.com's enhancement to its Car Crash Performance Tool is on target," says Phil Moeller, publisher of insure.com.

Containing results of more than 2,900 car crash results, the insure.com Car Crash Performance Tool http://www.insure.com/car-insurance/ now makes it even easier for consumers to view complete car crash reports.

Consumers will now be able to select two cars of their choice and view, all on one page, scientific crash results from the National Highway Traffic Safety Administration, Insurance Information Institute for Highway Safety, and information from insure.com's S.A.F.E. Car program, http://www.insure.com/auto/safecars/. Some of the results included in insure.com's Car Crash Performance Tool are tests of vehicles':

The cities most vulnerable to cataclysmic hurricane damage are:

  • Front ends
  • Sides
  • Bumpers
  • Overall structure
  • Rollover resistance
  • Restraints

 

Updated throughout the year, insure.com's Car Crash Performance Tool can be used to compare passenger vehicles of all sizes, from sub-compacts, to medium and large passenger cars, to vans, SUVs, and pickups.

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 (http://www.insure.com) produces extensive reports about consumer insurance issues. With insure.com's interactive tools, detailed feature stories, helpful tips, and popular reader forums, consumers can become savvy insurance shoppers.

Insure.com's writers are available for media interviews on auto, home, health, and life insurance topics.

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) 282-2100, ext. 29, or dann@insure.com.

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