ST. PETERSBURG, FL April 19, 2012 – Travel insurance comparison site Squaremouth.com names Travel Insured International as its top selling travel insurance provider for March 2012, capturing almost 19% of the market. Travel Insured, who carries an “A” rating with AM Best, has been the top provider every month in 2012, as well as for the year of 2011.
Squaremouth credits the continued success of Travel Insured to its competitive pricing.
“Families and seniors account for a large number of travel insurance customers, and Travel Insured offers attractive policies to these groups,” says Squaremouth Marketing Manager Anna Coats.
As a comparison site, Squaremouth offers over 250 travel insurance policies from 17 major providers. Because Squaremouth does not promote a specific travel insurance company or target a certain demographic, it can provide an unbiased travel insurance sales assessment. The large variety of policies also offers customers a straightforward way to find travel insurance that fits their needs while saving hundreds of dollars.
“The top provider usually captures around 20% of the market, which means no one company or no one policy works for everyone,” says Squaremouth CEO Chris Harvey. “This emphasizes the importance of quoting different travel insurance policies to find best policy that meets a traveler’s specific scenario.”
The largest March increase in premium sold in came from TravelSafe who raised sales almost 2%, from 6.97% to 8.87% compared to that of February’s. Of the top five providers, CSA Travel Protection and Travelex saw gains in March, increasing .76% and .41% respectively.
Although it maintained the top spot, Travel Insured had the largest decline of the travel insurance providers, dropping 1% from 19.62% in February to 18.54% in March. The other three leaders had sales decreases ranging from .31%-1.01%.
Squaremouth March 2012 Travel Insurance Leaderboard – Based on percentage of premium sold
Travel Insured International 18.54%
CSA Travel Protection 16.44%
Travel Guard 14.41%
Seven Corners Inc 12.78%
Squaremouth is America’s fastest growing travel insurance comparison site, helping customers instantly quote, compare and buy policies from every major carrier. Squaremouth has web sites in the US and UK, and an extensive network of partner sites worldwide. The company is headquartered in St. Petersburg, FL., with offices in Fort Wayne, IN. Visit Squaremouth.com or Squaremouth.co.uk.
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The cornerstone of our commitment to customers is Squaremouth’s guarantee to remove any company from our website if there is a customer complaint that cannot be resolved to our satisfaction. Squaremouth offers the broadest selection of insurance with an emphasis on quality and follow-up care in companies featured. We also factor in independent evaluation from the insurance industry watchdog AM Best.