- About Coverfox
How is Coverfox different from other insurance marketplaces?
"We, at Coverfox, aspire to be your one-stop-shop, your go to place ever for anything related to insurance. This means:
But don't just blindly believe what we are saying. We have a 72% customer retention rate, which is the by far one of the best in the market. We are also the highest rated insurance website on Facebook and Google+. :)"
How does Coverfox make money?
Coverfox is a licensed broker. Which means we are paid a commission for each insurance policy we sell, by the insurance companies. Does that mean you pay anything extra, other than your insurance policy premium? Nope. The commission is paid for by the insurer and not by you, the customer.
Does the commission make us biased for or against any insurance company? The answer is simply no, we cannot be biased as a broker. A broker is a customer's representative and is always for the customer and not for the insurance company.
Is it cheaper to buy insurance through Coverfox.com?
Insurance is a regulated market. No insurance company, neither Coverfox nor any other agent can give you a deal cheaper than what the insurance company has set. It is illegal to do so. The best way to save money on insurance premiums is by comparing various insurance plans available and making an informed choice.