9. Identity Checks at Quote Inception Essential for Cost Savings, Risk Pricing

4. Agent-Driven Channels Exhibit Higher Rates of Quote Manipulation

A specific study highlighted the practice of quoting multiple individuals from the same household on the same day to find a more favorable rate, based on who is designated as the primary insured.

5. The Friction Dilemma: How Insurers Can Stop Fraud Without Alienating Customers

Carriers face significant challenges when addressing quote manipulation, balancing the need to provide a smooth customer experience for legitimate consumers while applying necessary friction to prevent fraudulent activities.

6. Beyond the Surface: Insurers Deploy Sophisticated Tools to Uncover Quote Manipulation

To address the issue of quote manipulation, the fundamental strategy for carriers revolves around rigorous verification processes.

2. Zip Code Changes, Hidden Drivers: How Insurers Spot Quote Manipulation

From a consumer perspective, quote manipulation involves deliberately providing false or misleading information to insurance companies to secure lower premiums for auto or homeowner's insurance.