Clovered Adds Florida Multi-Rater Tool to Online Quoting Engine

Clovered, an insurtech agency that resides at the intersection of technology and real people, has hit another milestone within the industry.

On October 31, 2019, it announced the addition of a multi-rater tool within its online quoting engine. The multi-rater tool is currently live in Florida and can quote and display the policy premium prices for five Florida-based insurance companies: Universal Property and Casualty, FedNat, Monarch National, Florida Peninsula and Edison.

“It’s a huge step for Clovered to be able to offer multiple rates to our customers and ensures we’re selling the right coverage at the right price,” said Sean McCahill, Vice President of Clovered. “It, ultimately, provides the best service to our customers.”

The multi-rater tool comes on the heels of the launch and implementation of an online quoting engine on Clovered.com in early August. It enables individuals in Florida and Alabama to quote and bind entirely online.

With a team of in-house customer service representatives, customers can reach out to a real person at any time if they have questions or need help completing their quote.

McCahill stated that the partnership with all five insurance companies is just the first stepping stone in a larger picture that is Clovered’s future.

“We appreciate our partnership with each of these companies being the first and are excited about others joining the platform,” McCahill said. “We’re excited to add more carriers to the quoting tool.”

Clovered’s team of licensed, in-house insurance agents can write home, flood and auto policies in 18 states with more than 20 carrier appointments.

The company is consistently growing and is working to implement more of its partners’ APIs into the online quoting platform to offer the best policy at the best price.