APOLLO offers options to incorporate competitor quotes into the quote customization process, providing users with a potential discount or price match guarantee. However, understanding the specific steps and limitations is crucial for successfully applying these options.
Overview of Quote Customization with Competitor Rates
APOLLO allows users to benefit from lower rates provided by competitors, either by applying a discount directly or via a price-beat guarantee for existing policyholders who are not currently insured with APOLLO. The process varies based on whether you are obtaining a new quote or attempting to modify an existing one.
Steps to Apply a Discount Using a Competitor Quote
If you find a lower rate from a competitor during the quoting process, you can apply the details of that quote to your APOLLO application by following these steps:
During the online quoting process, look for the question that asks whether you are receiving quotes from other companies.
Select “Yes.”
You will be prompted to provide details about the competitor rate and input the necessary information.
Ensure that the coverage, limits, and deductibles are identical between the APOLLO quote and the competitor’s quote for accurate comparison.
This approach will reflect a discount automatically based on the competitor details. If you do not see the question about competitor quotes, navigate back through the quote flow to access it.
Price Beat Guarantee: Eligibility and Conditions
For existing policyholders, currently not insured with APOLLO. APOLLO offers a best price guarantee of up to 15% on rival rates. Here are the key points:
Eligibility: The best price guarantee is available only to new customers.
Conditions for Application: To qualify, you must submit proof of the competitor’s policy and ensure that the coverage level is equivalent.
Adjusting Existing Quotes
Any modification made to the quote may remove your discount. For example, adding a roommate, increasing coverage limits or adding optional coverage.