All of the following statements about the online insurance industry are true except:
A) the Internet has lowered search costs, increased price comparison, and decreased prices to consumers for all forms of insurance.
B) websites of almost all the major firms provide the ability to obtain an online quote.
C) the wave of interest in fintech companies has not yet reached the insurance industry.
D) the industry has been very successful in attracting visitors searching for information about prices and terms of insurance policies.

Question

Quizplus · Accepted Answer

The Answer of All of the following statements about the online insurance industry are true except:
A) the Internet has lowered search costs, increased price comparison, and decreased prices to consumers for all forms of insurance.
B) websites of almost all the major firms provide the ability to obtain an online quote.
C) the wave of interest in fintech companies has not yet reached the insurance industry.
D) the industry has been very successful in attracting visitors searching for information about prices and terms of insurance policies.

All of the Following Statements About the Online Insurance Industry