New Program Called iMingle to Bring Group Auto Insurance Discounts to Consumers

A new program called iMingle will help consumers save money on their car insurance premiums. The program is now working in the state of New Jersey and allow driver to have individual auto insurance coverage policies but get them at group discounts. The company behind this is using social networking sites such as Facebook and Twitter to make this a reality.
When you use Facebook and Twitter you can build a network of policy holders. For example, you could link your mother, grandma, father, aunts, uncles, cousins, and others together and form your own group of policies and come together to get a group discount. This idea is very innovative and could really change the way that car insurance policies are grouped in the future.
Billions of people use social networking websites on a daily basis and being able to utilize them to save money on car insurance coverage will most likely appeal to many people. People can be just acquaintances and still link policies which can really help to reduce the rates at which people will get their auto insurance premiums within a group.
The program is becoming quite popular and is already going to be in 17 states. If it succeeds in New Jersey then other states will probably follow suit. The company was established in 2010 and has already taken the auto insurance market by storm.
Many people get health insurance coverage through groups which save them money. Most employers have group benefit programs so they receive discounts because they are giving health insurance providers a larger pool of customers to lessen their overall level of risk. This would be the same thing that would happen with the iMingle program. Companies might even be able to benefit by offering their employees group auto insurance programs.
The economy is not in a very good place right now and many employees are struggling just to make ends meet. The way that iMingle works is that a person purchases an auto insurance policy through the company. Once this is done, they will be sent a code for a widget that they can post on social networking sites such as Facebook that their friends can click on. The widget tells them that they can get a discount if they purchase an auto insurance policy. If a person clicks on the link and then buys a policy then they become a group and each person gets an immediate ten percent discount on their auto insurance coverage.
People who want to try iMingle should know that it is currently being offered in the following states: New Jersey, Wisconsin, Virginia, Arizona, Illinois, Colorado, Indiana, Iowa, Michigan, Minnesota, Missouri, Nevada, Ohio, Oregon, Pennsylvania, and South Carolina. It is a very great idea and can help consumers and their friends save money on auto insurance coverage. It is important for people to stay insured so being able to utilize social networking sites to lower premium rates is great for the company behind iMingle and for drivers so it is a win-win situation.
Source: Yahoo News