QuickFacts Expands Comparisons Platform with Farm Product Line
Halifax, NS (Dec. 12, 2024) – QuickFacts is excited to announce the launch of a new Farm Product Line on its Comparisons platform, designed to assist brokers in addressing the unique insurance needs of small-scale agricultural operations and rural lifestyle enthusiasts. Unlike traditional Commercial Farm insurance, this new offering is specifically crafted for Hobby Farms—properties maintained primarily for sustainability and providing fresh, homegrown food for families rather than profit. This expansion offers comparisons for over 25 carriers nationally for livestock, equipment, structures, and more, making it easier for brokers to serve clients seeking tailored insurance solutions for their agro-business and self-sustaining lifestyle needs.
Hobby Farms are distinct from Commercial Farms, as they are often family-run, smaller in scale, and not intended as a primary source of income. They reflect a growing interest in rural and agricultural lifestyles, particularly in regions like Ontario, where hobby Farming has become increasingly popular. QuickFacts’ new product line extends beyond standard Personal Lines insurance, offering customized protection that fills a crucial gap in the current insurance market.
“Ontario has seen a substantial rise in Hobby Farming, and we recognized an unmet need for tailored insurance solutions in this space,” said Christy Barsalou, President and CEO of QuickFacts. “Our Comparisons platform now makes it possible for brokers to access comprehensive coverage options that support the unique requirements of rural lifestyle clients. This launch reaffirms our commitment to helping brokers meet evolving market demands.”
The new product line on the Comparisons platform simplifies the process for brokers by providing detailed information on eligibility and coverage options for Hobby Farms. Rather than the one-size-fits-all approach of standard homeowners’ policies, QuickFacts’ hobby Farm insurance includes provisions for protecting essential assets like livestock, Farm equipment, and outbuildings. This streamlines the assessment process for brokers, enabling them to offer clients more precise and relevant coverage recommendations.
“This product line was highly requested by our existing customers, and we’re excited to expand our offerings to support the rural lifestyle market,” said Nathalie Gauthier Jacobi, Product Manager at QuickFacts. “Our goal is to make it as easy as possible for brokers to find the right coverage for clients engaged in Hobby Farming. We’re proud to be at the forefront of this trend with a product line that truly meets their needs.”
With this new addition, QuickFacts is poised to become a go-to resource for Farm Insurance Comparisons across Canada, providing brokers with the tools they need to serve a growing client base interested in agricultural and rural lifestyles.
About QuickFacts
QuickFacts is a Halifax-based startup dedicated to improving the insurance industry through technological disruption. Their software as a service (SaaS) platform organizes insurance carrier and brokerage information into a searchable database of simplistic carrier comparison charts, detailed workflows, helpful resources, and more. Implementing their software is proven to drastically improve the operational efficiency of insurance brokerages. For more information, please visit www.quickfactsinc.com.
Source: QuickFacts
Tags: Farmers, InsurTech, InsurTech Spotlight, launch, platform, QuickFacts