eBay Motors and AutoTrader.com Select Esurance as Exclusive Online Used Auto Insurance Provider
4 December 2000
eBay Motors and AutoTrader.com Select Esurance as Exclusive Online Used Auto Insurance Provider
Leading Online Service Providers Team Up to Offer Consumers Instant
Auto Insurance
SAN FRANCISCO, Dec. 4 eBay Motors and AutoTrader.com have
chosen Esurance Inc., a national quote-to-claims Internet-based provider of
personal insurance, as the exclusive provider of auto insurance for used cars
on their co-branded web site http://www.ebay-autotrader.com. This relationship offers
consumers a one-stop auto insurance shopping experience, with the ability to
get an instant quote, receive comparative quotes from other carriers and
purchase a policy online in minutes.
"Through this partnership, eBay Motors, AutoTrader.com and Esurance are
providing automobile shoppers an outstanding array of online services together
with the highest level of customer support," said Chuck Wallace, VP Business
Development of Esurance. "With our streamlined quote process, customization of
coverage online and 24/7 expert advice, we are committed to offering only the
very best to the loyal customers of eBay-autotrader.com."
Esurance can be found under the Automotive Service Section. Customers
bidding on or purchasing a car on ebay-autotrader.com can quickly get an
insurance quote, and customize their coverage all without leaving the auction
site.
"We are happy to be working with Esurance to bring this new service to the
car buyers on our site," said Simon Rothman, Vice President and General
Manager, eBay Motors. "This is part of our ongoing effort to make buying cars
online simpler and more convenient."
Esurance is a complete quote-to-claims online insurance provider that
combines the service of an agent-based insurance company with the competitive
rates of a direct insurance provider. Esurance enables customers to get expert
advice, instant quotes, comparison quotes from other providers and immediate
coverage, but also lets them manage their policy online at their convenience.
Esurance customers can instantly add a driver or car to a policy online,
change their level of coverage and print out their policy or proof of
insurance card, at any time.
Esurance is licensed to market policies in 48 states and plans to continue
expanding its business to additional states this year.
About Esurance Inc.
Esurance Inc. is redefining the insurance experience by creating an easy
and time efficient way to buy and manage personal insurance online. The
company's unique Internet-based business model reduces the overhead of
traditional insurance operations, while still performing the key functions of
an insurance provider, including pricing, underwriting and claims handling.
This direct Internet model eliminates paper-based processes and creates cost
savings that are passed on to customers in the form of low rates for top-rated
insurance policies. Through its online service (http://www.esurance.com), Esurance
offers consumers expert advice, quote comparisons and instant coverage, as
well as convenient, 24x7 policy management and superior claims handling. The
company was the first Internet-based provider to offer real-time quote
capability and fulfillment service to more than half of the nation's driving
population. Founded in 1998, Esurance is an operating subsidiary of
Folksamerica Holding Company, Inc., a subsidiary of
White Mountains Insurance Group .
About eBay Motors
eBay Motors, a specialty site on eBay (http://www.ebay.com), is the Internet's
largest auction-style marketplace for buying and selling all things
automotive. At any given time, eBay Motors has a wide variety of vehicles
listed for sale, from Acuras to Volvos and all makes and models in-between.
The site also features collector cars, motorcycles, as well as auto parts and
automobilia. eBay Motors provides end-to-end online services such as
financing, inspections, escrow, auto insurance, vehicle shipping, title &
registration, and a lemon check. For more information, go directly to
http://www.ebaymotors.com.
About AutoTrader.com
AutoTrader.com (http://www.autotrader.com), the world's largest used car
marketplace, fundamentally improves the way people buy and sell cars by
providing a comprehensive source of credible information and a selection of
more than 1.5 million used vehicles for sale. AutoTrader.com is the exclusive
online distributor of the automotive listings contained in the Auto Trader(R)
and AutoMart(R) print magazines published by Trader Publishing Company.
AutoTrader.com is also the exclusive online distributor of used car listings
data collected by Manheim Auctions, Inc. and the Dealer Services Group of
Automatic Data Processing, Inc. AutoTrader.com's investors include Cox
Enterprises, Inc., Manheim Auctions, Inc., Landmark Communications, Inc., the
Dealer Services Group of Automatic Data Processing, Inc., Kleiner Perkins
Caufield & Byers and eBay Inc.
In recent news, AutoTrader.com introduced http://www.ebay-autotrader.com, the
Internet's largest auction-style used car marketplace, as a result of an
alliance between AutoTrader.com and eBay Inc.