What is a Marketplace?
In the pet insurance industry, a marketplace, like Pawlicy Advisor, is a service that allows consumers to shop quotes from multiple providers in one place, compare options, and purchase coverage plans (enroll in a policy). Marketplaces allow consumers to compare and contrast different options to find the best solution - in this case, a pet insurance plan.
Pawlicy Advisor is the #1 pet insurance marketplace recommended by veterinarians. With easy comparison tools, personalized recommendations, and objective analysis - pet owners can see which plans best protect their pet (and their wallet).
How a Marketplace Works
A marketplace works by keeping businesses within a certain industry competitive with each other. Pawlicy Advisor’s pet insurance marketplace allows pet owners to see quotes from top providers side-by-side, and offers a unique Coverage Score and Lifetime Pricing Score for each plan.
Key Takeaways
- A marketplace is a competitive, industry-specific market where many companies compete for clients looking for a similar product or service.
- Pawlicy Advisor is the pet insurance marketplace recommended by veterinarians..
- Comparing pet insurance quotes side-by-side is easiest in an online marketplace.