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Survey Demonstrates Significant Savings Available to Consumers Who Shop Online for Auto Insurance

CLEVELAND--May 2, 20044, 2004--Insurance.com, the largest online auto insurance agency in the United States, announced today a survey showing that its customers have saved $600 or more a year on auto insurance. Through its marketing partnerships with AOL, MSN, Yahoo, eBay and Google, Insurance.com has sold more than 100,000 auto insurance policies, resulting in millions of dollars saved by consumers.

"Insurance.com is different from most insurance Web sites not only by helping consumers save money, but by providing online convenience throughout the process," said Lou Geremia, president of Insurance.com. "And while most other sites refer leads to a sales force or agent for follow-up, we let the consumer drive the transaction, either online or by phone, straight to purchase."

Through a simple online process, visitors to Insurance.com can obtain and compare accurate quotes from any of more than a dozen leading insurance carriers - including Liberty Mutual, Safeco, The Hartford and Travelers. When ready to purchase insurance, users have the option of completing the transaction online or talking directly to a licensed agent.

Geremia added, "Based on information from consumers who became policyholders and provided data regarding their savings, they've seen savings of $600 or more on annual premiums. Clearly, there is an opportunity for many customers to save money on their auto insurance premiums."

Insurance.com, is an online insurance marketplace that allows consumers to receive comparative quotes from top companies and ultimately purchase insurance products through the site. The site provides quotes for auto, life, health, home and specialty lines of insurance. The company has been consistently recognized for the quality of its Web site and the services it provides. Insurance.com was named Best Insurance site by Money magazine and was praised by Smart Money for its ease of use and wide range of quotes. Insurance.com was also selected by WebFinance as Best Insurance site in its 2001 Clicks and Picks Awards.

Insurance.com is owned and operated by ComparisonMarket, Inc., which enables financial institutions, affinity groups and online marketplaces to offer their customers real choice and savings opportunities on auto insurance. Through its partnerships with top insurance providers, ComparisonMarket provides instant, accurate comparative rate quoting and purchasing via the Internet or over the phone. ComparisonMarket is headquartered in Cleveland, Ohio.