Assurdiscount.com (http://www.assurdiscount.com), the first discount insurance broker on the Internet, now offers private customers the possibility of subscribing to, and managing, their home insura...

Assurdiscount.com (http://www.assurdiscount.com), the first discount insurance broker on the Internet, now offers private customers the possibility of subscribing to, and managing, their home insurance on-line, at very competitive rates. This new offer is based on the same principal as the motor vehicle insurance, available since October 1999 the internauts themselves deal with all the operations regarding their contract, on-line and without any intermediary. In this way, they are able to calculate an estimate in under a minute, with the premium cost being dynamically modified according to the information provided. Customers subscribe to a contract, via a secure payment platform provided by the Banque Populaire de Lorraine bank, and the insurance takes effect immediately. Monthly payment is automatic and free of charge. Claims, contract modifications and other operations are also carried out on-line. As assurdiscount.com has no physical network, and its fixed-price management costs are calculated according to a chart of pre-established rates, its tariffs are 20 to 30 % cheaper than a traditional insurance company. For example, Assurdiscount.com makes a standard fixed-rate charge of FF 99 for taking out a home insurance contract, whatever the value of the contract. (Christine Weissrock - Atelier Paribas 16/03/2000)