Answer Financial Partners With Aceable Driver’s Ed App on Lead-Gen

Four-year-old Texas-based Aceable announced its partnership with auto insurance comparison site Answer Financial (owned by Allstate) .


This Aceable.


This Answer Financial.


Basically, Answer Financial will be a key partner in helping Aceable service new teen drivers and their parents by allowing them to compare and shop car insurance rates online. Makes sense as surveys conducted by Aceable found that for one-third of customers, adding a teenage driver to an existing auto insurance policy, caused the premium to increase by more than 40%; hence the ‘perfect time’ to shop for insurance. Did you know? Last year, when Aceable announced a $4M round, which brought its total funding to $8.7M, Coverager called out the possibility that the startup will eye insurance from the perspective of developing a curriculum for insurance professionals. File under ‘partially right’.