(Visit the link to learn more on the Branch website)
Branch Features
| Types of Insurance | Auto, Home, Renters, Umbrella |
| Average Savings | $598 |
Branch distinguishes themselves from other insurance providers by moving away from the money-making insurance model typically seen nowadays. Instead, the lender simply focuses on keeping you safe and providing protection in case something happened. They want to revert it back to when insurance eased the blow of the unexpected, instead of draining your bank account and making your life stressful.
From the start, Branch eases the process with two-question application to the instant pricing and the ability to bundle your insurance together. You’ll get to customize and personalize policies to suit you, and you won’t get bombarded by annoying phone calls and emails during the process.
Additionally, Branch has some of the best rates on the market. By selling directly to you and eliminating unnecessary expenses, they are able to reduce the fees that their competitors have. Instead of cashing in these savings, Branch shares them with you.
According to Branch, their customers save an average of $598 annually. With Branch’s stress-free switch option, they’ll even handle the complications that usually comes with cancelling your current insurance and switching to the next one.
Branch Fees
There are no fees that come with AARDY services. However, you will have to pay the provider that you sign up with.
Branch Community Programs
There are three community programs – My Community, Community Pledge and SafetyNest – offered by Branch that bring even more ways to save on your insurance.
My Community (AZ & MO)
Rather than spending money on ad campaigns, Branch has opted to use available funds on rewarding you for inviting your friends and family instead. To participate, simply invite people to check out Branch for the first time. If they request a price, you’ll receive a $25 Amazon eGift Card.
My Community is currently available in Arizona and Missouri.
Community Pledge (AZ, IL, MO & OH)
Lower your premiums by up to 5% when your participate in the Community Pledge program. This program allows other Branch customers to vouch on your behalf that you are trustworthy and that won’t commit insurance fraud. By relying on their pool of customers, the pledge helps to promote better servicing and creates a community that helps one another save money.
Community Pledge is currently available in Arizona, Illinois, Missouri and Ohio.
SafetyNest
Branch created SafetyNest, a nonprofit program, to fight financial inequality and lower the rate of uninsured drivers to 0%, so that people can afford the protection they deserve.
We recommend applying if you’ve suffered a loss and you don’t have enough for insurance. The application is free and takes less than a minute. The SafetyNest team will then get back to you within 14 days.
Branch Limitations
The only thing that we’d like to change about Branch is their availability. As of right now, Branch is only available in six states: Arizona, Illinois, Indiana, Missouri, Ohio and Texas. However, the service is set to expand their reach across the united States, so stay tuned if you’re not a resident in one of these states.
Bottom Line
Branch simplifies the insurance process with instant quotes, customizable coverage and the ability to bundle your auto and home insurance together. The company stands out for their special discounts and community-based coverage.
Alternatively, you can also check out Root for car insurance. The provider determines your rate based on how you drive and they are currently offering a $25 welcome bonus to new customers.
If you’re interesting saving money, we’ve composed a list of other ways to Save Money that you can check out. Also if you would like to see all the latest bank deals nationwide, be sure to view our full list of Bank Bonuses and find one in your area!
(Visit the link to learn more on the Branch website)
