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The Direct Insurance market is a segment of the insurance industry that focuses on providing insurance products directly to customers, without the need for an intermediary. This type of insurance is typically sold online or over the phone, and customers are able to purchase policies without the need for a broker or agent. Direct Insurance products are often more affordable than those sold through traditional channels, as the cost of the intermediary is removed.
Direct Insurance products are typically sold as single-premium policies, meaning that customers pay a one-time fee for coverage. This type of policy is often attractive to customers who are looking for a more cost-effective way to purchase insurance.
Some of the companies in the Direct Insurance market include Allstate, Geico, Progressive, Liberty Mutual, and State Farm. Show Less Read more
