March 28, 2017

ForeverCar Launches 1Quote; New Innovation Sets the Standard for Vehicle Service Protection Simplicity

The newest innovation from the online leader in vehicle service protection combines a sophisticated interface with customization that empowers the shopper throughout the only end-to-end buying experience of its kind.

ForeverCar, a 2016 Chicago Innovation Award winner, continues its streak of 
innovation with the announcement of its most groundbreaking product yet. 1Quote provides a fully transparent online buying experience while empowering the shopper by enhancing the user experience.

“It’s important that we put the decision-making power in peoples’ hands,” says Mark Hodes, Chief Executive Officer of ForeverCar. “We decided early on that ForeverCar would be a leader—a leader in transparency and ethical behavior and, most importantly, an advocate for the consumer. 1Quote is part of our commitment of constant innovation to achieve and maintain those goals.”

1Quote combines its user-friendly interface with market and consumer data to deliver the most popular plan for a specific vehicle. 1Quote channels the power of customization, allowing shoppers to tailor a plan to their specific needs. The user-friendly interface lets shoppers dynamically customize the coverage, duration anddeductible while taking control of the educational and buying process.

“1Quote puts the shopper in the driver’s seat,” says Kal Walkden, Chief Technology Officer of ForeverCar.“ Based on our familiarity with millions of shopping experiences and thousands of contracts and claims, we have created algorithmic intelligence that offers the most popular plan. 1Quote empowers the shopper by encouraging customization and advancing our user interaction—something we keep at the forefront of our ethos.”

Furthering its reputation as the industry’s online leader, ForeverCar will join Chicago Mayor Rahm Emanuel and other winners of the 2016 Chicago Innovation Awards in New York City on Monday, March 27th to ring the NASDAQ closing bell. The event emphasizes the surge of innovation that is occurring in the Chicago region and shines a spotlight on innovators like ForeverCar that continue to contribute to Chicago’s vibrant startup economy.

About ForeverCar is a full-service provider of vehicle service protection plans that provides consumers andcomplete and honest information, transforming the way people buy and benefit from extended vehicleprotection.

Experience the power of 1Quote today! media contact:
John Thomas Lang