InsureNet's Instant Insurance Verification offers a complete solution to all problems with previous systems and concepts.

• It is completely non-invasive.



• It provides dramatic benefits for policyholders, including: far safer streets, better insurance service, known status when renting or purchasing a vehicle, and more convenience with insurance purchase. It also provides status for test drives, title transfers, and vehicle registration. Over time, these efficiencies and insurer savings, (especially regarding greatly reduced fraud and payouts for Uninsured Claims) will result in lower premiums. This system ensures that vehicle insurance is more affordable.



• The system provides dramatic benefits for insurers, especially regarding: 1) increased revenues from additional policy volume based on new policy initiations, 2) volume based on the ability to instantly track and enforce the requirement to maintain Uninsured Motorist Coverage, Comprehensive and Collision coverage in compliance with liens, 3) policies that last far longer and cost less to re-initiate and maintain, 4) policies that continue to move "up market" and generate increased revenue as policyholders, now held accountable, drive more responsibly. The system also provides insurers with dramatic savings regarding a dozen forms of insurance fraud.
  
  These include: 1) savings from decreased pay-outs for Uninsured Motorist, Liability, Comprehensive, and Collision Coverage, 2) decreased pay-outs for Medical and Legal costs, 3) reduced requirements and costs regarding documentation production and supply, 4) savings from now fully-automated government reporting, and, 5) the use of a single portal for all government reporting. (all jurisdictions). Insurers also save from 6) the elimination of repair scams, 7) a dramatic reductions in fake titles, 8) reductions in stolen vehicles, 9) the mitigation of loss due to the ability to instantly report accidents, thefts, and other emergencies, 10) the ability to provide greatly improved customer service to Policyholders and support for Agents without increased cost, 11) far more secure transmission and data maintenance than was ever possible previously. There are, 12) additional savings regarding its ease of implementation over any alternative, (nothing to purchase - insurers only do what they already do). Although no personal data is maintained, there are dozen of high value reports and tools available to insurers.
  
  
• This is the National Standard – and The First and Only National System – Designed to put insurance status in the hands of every Law Enforcement Officer in the Nation, via Nlets, every Officer can now have accurate data instantly and can assist in ensuring compliance with the Laws of every State and the requirements of every participating insurer.
  
  
• The InsureNet provides dramatic benefits for Insurance Agents, including: 1) dramatically increased revenues, 2) ability to issue binders and policies at P-o-S, including Commercial and Family policies easily and automatically, 3) Agency and Broker Portals for instant status, reports and many other benefits, 4) far less time spent answering simple "status" questions resulting in a reduction of both costs and trauma; 5) knowing that policyholders enjoy greatly increased service at no cost; 6) a higher level of professionalism being enabled; 7) better quality of client and policy as policyholders are held accountable and little or no benefit is gained in changing carriers often.
  
  Agents and Brokers benefit in many ways but always without cost or effort of any kind.
  
  
• InsureNet provides dramatic benefits for State Governments, including: 1) the establishment of a "level playing field" and support for the "rule of law", (reminding vehicle owners that driving is not a right but a privilege and, like registration fees, must be paid), 2) it dramatically enhances the professionalism and especially safety for Law Enforcement as it removes the last reason for drivers to be searching for documents – status is known before the Officer leaves his or her vehicle, 3) provides many capabilities to law enforcement, court, DMV and other staff and, 4) removes all burdens regarding the accuracy of insurance status from them. 5) It provides new revenues from increased citations, premium tax, and even some additional business tax. 6) It lowers current costs as this system is fully transparent and automatic in operation. 7) It requires no new software systems. Modifications for any government division should last only one or at most, two days and are done at no additional charge.
  
  
• Law Enforcement never pays for any InsureNet service ….ever. Insurers can use The InsureNet without charge and so can everyone….everywhere….using a telephone, PDA or computer….at any time.

This system benefits everyone involved, except for those who seek to circumvent the law. This is the only way to know the status of insurance policies to the very second. Any alternative delivers old and inaccurate or at best, questionable information or data during limited hours and for only one insurer.

InsureNet supports a vehicle purchase by providing exact insurance status at time of transfer, the purchase of vehicle insurance by providing a unique binder, the instant registration of a vehicle, (including "e-registration"), by providing accurate status, the rental of a vehicle with true status, and it supplies both protection and convenience for all parties involved.