Duration: 00:45

Tech startups are making it easy to find the best rates for all kinds of insurance policies. Yippee, it’s time to shop for new insurance … said no one, ever. Comparing insurance quotes might not sound like a fun way to spend an afternoon, but you could be throwing away good money if you don’t shop around for your policies at least occasionally. Fortunately, there is a whole slew of new tech-powered companies committed to making the process of insurance shopping as simple as possible. Known as insurtech companies, they offer comparison tools and innovative insurance products that help consumers cut costs. Here’s a look at some new tools to save on all types of insurance needs.