Countrywide Insurance Services Offers Online Purchasing Of Homeowners Insurance.

Binding Coverage Now Available at cwinsurance.com

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SIMI VALLEY, Calif., July 26 /PRNewswire/ —


Countrywide Insurance Services, Inc., a full service insurance

agency and a principal subsidiary of the diversified financial services

provider, Countrywide Credit Industries, Inc. (NYSE NYSE
See: New York Stock Exchange : CCR 1. CCR – condition code register.
2. CCR – (Database) concurrency control and recovery. ), now offers

homeowners insurance for purchase online. Initially available in 15

states,* consumers can buy their homeowners insurance through the Web

site, www.cwinsurance.com. In the coming months, Countrywide will

expand this online purchasing capability to include another 31 states in

which the company operates.


“We’ve combined our insurance and technological expertise

to become one of the first insurance providers capable of binding

homeowners insurance online,” said Steve Phillips, president and

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Countrywide Insurance Services. “Consumers benefit from

purchasing insurance online at their convenience. They no longer need to

wait for a call or visit from an agent or service representative, so

they are able to insure their valuable possessions in a matter of

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Synopsis . And, if they are buying a home, online access to homeowners

coverage speeds the loan process.”


Purchasing insurance coverage online includes the following easy

steps:


— Quotes – To obtain insurance quotes, consumers first input basic


personal and property information. Examples include name, property


address, phone number, square footage and year the home was built.


Based on these few pieces of information, multiple quotes appear on

the


screen. The quotes are ranked by cost, lowest to highest and

include


the insurance carrier’s name next to the cost of the policy.


— Coverage Information – With the click of a mouse, each quote

reveals


coverage specifics about the policy.


— Application – Consumers may next click on the “Apply

Now” button, at


which time they will be asked to fill out a brief questionnaire

that


compiles more specific information about the property. On average,


this step takes approximately ten to 15 minutes and includes

questions


designed to ensure the consumer has a variety of choices and


comprehensive coverage.


— Purchase Coverage – Consumers can buy homeowners coverage using

Visa or


MasterCard, or they may opt to use an impound impound