Insuranceopedia introduced Policyai, an innovative artificial intelligence tool designed to optimize automotive insurance policies by identifying economy opportunities and coverage deficiencies. This digital solution analyzes policy documents downloaded against regional risk factors, state regulations and individual driver profiles to generate personalized recommendations in a few minutes.
The innovative Policyai system assesses three key areas – insufficient protections that could leave vulnerable and redundant police holders that unnecessarily increase the bonuses and neglected discounts that could reduce costs. In turn, users receive a complete assessment, including a resistance score, suggestions for improving coverage and explanations in simple language of complex insurance terms. Another key sale argument for the Insuranceopedia policyai is that users have access to all this information without having to interact with insurance agents.
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