As Home and Auto Insurance Prices Surge, WOOP Insurance, a Philadelphia Start-Up, Offers Consumers a Solution
Woop Insurance’s new product - Insurance Dashboard - compared by some as a credit karma for insurance, gives consumers a free personalized evaluation of their insurance policy that allows members to understand the current insurance market and their policy costs and coverage, to make informed decisions for the best coverage and price.
Home and auto insurance prices are rapidly rising in the current economy.
After working in the insurance industry for years, Foster was driven to create a company that changed the insurance experience for consumers by providing them with price transparency, industry knowledge, and the information needed to make informed financial decisions about their policies and coverage. According to Foster: "Our mission goes beyond technology; it's about empowering consumers.”
The Insurance Dashboard product is at the forefront of the company's mission-driven initiatives. In response to surging insurance costs, Woop created this product to allow users to understand their own insurance policies, understand why costs are rising, and to compare their insurance options with financial savvy. Home and auto insurance are necessary costs for most Americans. By, leveraging advanced technology and data analytics, Woop’s new product aims to help users make well-informed insurance decisions, promoting financial literacy and confidence. After receiving their Insurance Dashboard report, if their current policy is not the best option, consumers can then request quotes online that compare rates and coverage from major name brand insurers, in one online experience, without calls to an insurance agent.
Foster compares the Insurance Dashboard product to a well-known tool for financial literacy for consumers: "Much like how Credit Karma demystified credit for consumers, our Insurance Dashboard seeks to do the same for insurance, making it more transparent and accessible."
To find out more about Insurance Dashboard, our innovative insurance solutions, or Woop’s presence in the local community, contact
About
Woop is redefining insurance through technology. We are committed to making insurance transparent, simple, and convenient. By demystifying the industry, we empower customers with knowledge and access to the best insurance deals in minutes.
Contact:
Phone: (609) 314-1622
Contact Information:
Contact via Email
www.itswoop.com/
Read the full story here: https://www.pr.com/press-release/893763
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