DARIEN, Ill., April 24 /PRNewswire/ --
Quotesmith.com (Nasdaq: QUOT), the only place on earth where you can get
instant auto, life, health, dental, disability and long-term care insurance
quotes from more than 300 companies, and buy from the company of your choice,
has today been named as one of the Top 10 Insurance Web sites by Personal
Finance Online magazine. Quotesmith.com's inclusion in this exclusive group
appears in Personal Finance's inaugural June/July, 2001 issue, on newsstands
today.
"The wealth of choices has made selecting the appropriate insurance
program a tough task," says Personal Finance. "It can be tricky and confusing
to compare even the simplest to understand policies, such as term insurance,
due to their varying cost structures and options. Quotesmith offers a range
of online products covering dental, medical and annuities, and life insurance,
which is its core product. Potential customers are offered quotes from 100
plus life insurance providers, as well as having access to underwriting
information on each life policy that it offers. This service enables
customers a broad overview of what is available in the market."
Selection as a Top-10 site by Personal Finance is just the latest in a
string of recent accolades for Quotesmith.com, including being named one of
the Top 50 Financial Web sites by Money magazine, "Best of the Net" by
About.com's Guide to Personal Life Insurance, the #1 term life insurance site
by FinanCenter.com, one of the top five life insurance sites by Forbes
magazine, and the only insurance site named as one of the top 100 sites for
small business by Entrepreneur.com.
"Naturally we are extremely pleased to be named as one of the Top 10
Insurance Web sites by Personal Finance Online," commented Quotesmith.com
Chairman and founder, Robert Bland. "This new publication exactly defines our
marketplace, and anyone who turns there for help with their personal finances
online will see that we are one of the top sites they should check out for
insurance; once they do visit Quotesmith.com, we believe consumers will be
impressed with the very best insurance experience, anywhere."
About Personal Finance Online
Personal Finance Online Magazine is the essential guide to Internet
investing and money management. A bi-monthly newsstand publication, Personal
Finance Online covers every issue of personal economics from home loans to
buying stocks, from Internet banking to health insurance. Its aim is to make
sense of the sometimes mystifying financial issues and jargon that surround
economics. Personal Finance Online offers investors of all ages a wealth of
relevant and timely information in every issue. In 1994 less than a million
US households used online banking services; today over 15 million households
do their banking over the Internet. It is this rapidly expanding audience
that Personal Finance Online Magazine is going to. These readers are aware of
the advantages the Internet brings including speed, convenience and security.
Readers buy Personal Finance Online to make informed choices about how best to
manage their money online. To subscribe to Personal Finance Online Magazine
please call 888-881-5861.
About Quotesmith.com
Founded in 1984, Quotesmith.com owns and operates the industry's largest
and most comprehensive insurance price comparison service. The Quotesmith.com
Insurance Commerce Platform allows insurance shoppers to instantly view the
best prices being offered by more than 300 leading companies, achieve maximum
savings and have the freedom to buy from the company of their choice.
Quotesmith.com also provides personalized customer service assistance and
policy placement services for its customers. Quotesmith.com generates
revenues from the receipt of commissions and fees paid by insurance companies.
Visit Quotesmith.com at http://www.quotesmith.com .
Cautions about Forward-Looking Statements
Forward-looking statements in this release including, without limitation,
statements relating to the Company's plans, strategies, objectives,
expectations, intentions, and adequacy of resources, are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements involve known and unknown risks,
uncertainties, and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. These factors include, among others, the
following: Quotesmith.com's limited e-commerce operating history, anticipated
losses, unpredictability of future revenues, potential fluctuations in
quarterly operating results, seasonality, consumer trends, competition, risks
of system interruption, the evolving nature of its business model, the
increasingly competitive online commerce environment, dependence on continuing
growth of online commerce and risks associated with capacity constraints and
the management of growth and other factors described in filings of the Company
with the Securities and Exchange Commission, including its Form 10-K for the
year ended December 31, 2000. The Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.
This communication appears as a matter of information only and is not an
insurance solicitation. Accordingly, no employee of Quotesmith.com, Inc. is
recommending or endorsing any specific insurance company, coverage or policy
type within this communication. Some insurance companies appear at
Quotesmith.com for purely informational purposes only and pay no compensation
to Quotesmith.com and some insurers pay commissions or fees to Quotesmith.com
based upon premium volume or traffic activity produced by Quotesmith.com.
Quote availability by state of residence or any other factor is subject to
change without notice.
Quotesmith.com is a registered trademark and/or registered service mark of
Quotesmith.com, Inc. All other names are trademarks of their respective
owners.
SOURCE Quotesmith.com
CONTACT: Will Hemsworth II, Senior Vice President of Quotesmith.com,
630-515-0170, ext. 213, or whemsworth@quotesmith.com