InsWeb Launches Industry-First Auto Insurance Quote Tool

Business Editors

SACRAMENTO, Calif.--(BUSINESS WIRE)--December 16, 2008--InsWeb Corporation (NASDAQ:INSW) announced today that it has launched a new online car insurance quoting tool that allows consumers to instantly view car insurance estimates based on up-to-date industry rate data. Consumers are required to provide only seven pieces of information — zip code, age, gender, marital status and vehicle year, make and model — and they are instantly provided with an estimate of the best available car insurance rate, as well as the median rate returned from the list of providers included in the rating database. Unlike other online car insurance estimation tools, InsWeb’s tool is updated weekly with the latest car insurance rate data from the nation’s leading insurers.

Once consumers have viewed their car insurance estimates, they then have the option to complete a more detailed form in order to receive multiple personalized quotes from an average of four top-rated insurance providers. Consumers can also view a list of local car insurance agents, as well as a list of national car insurance providers serving their area.

“Consumers who shop online for car insurance are looking for helpful tools, money-saving tips and fast quotes,” says Brad Cooper, Senior Vice President of Marketing at InsWeb. “With the launch of our new instant quoting tool, InsWeb now provides the most complete car insurance shopping solution on the Internet.”

About InsWeb

Founded in 1995 and headquartered in Sacramento, CA, InsWeb (NASDAQ:INSW) Corporation operates a top-rated online insurance marketplace. InsWeb’s primary Web properties include InsWeb.com, where consumers can view independent research and quickly compare actionable insurance quotes from multiple providers, and AgentInsider.com, a leading online marketing source for insurance agents. For more information about InsWeb, visit www.insweb.com.

To view InsWeb’s new instant quoting tool, visit http://www.insweb.com/quickquote/quickquote.html.