Polly and Gravity Lending Join Forces to Help Car Owners Save on Insurance During Refinancing
Partnership gives Gravity Lending customers direct access to Polly quotes and agents, allowing them to offer competitive rates from a pool of more than 30 leading carriers.
BURLINGTON, VT (December 13, 2022) – Polly, the leading embedded insurance marketplace for automotive retail, and Gravity Lending, a rapidly growing fintech providing low-cost interest refinancing options, today announced a strategic partnership that gives car owners the opportunity to lower their total monthly car expenses.Gravity Lending’s customers will now have access to personalized and competitive insurance quotes from Polly through direct customer outreach. This partnership gives consumers the potential to save more money on their monthly insurance premium in addition to any savings gained during their refinance.
Offering insurance choice alongside the refinancing process provides customers with an additional opportunity to save money on car ownership. A forthcoming Polly car and insurance shopper study shows that total cost of car ownership – including insurance – is top of mind for car shoppers and owners, with over 86% stating it was important to them. With access to a vast carrier network and white glove treatment with real insurance agents throughout the process, Polly is uniquely positioned to help Gravity Lending’s customers compare and potentially save on their car insurance, ultimately lowering their overall cost of ownership by ensuring consumers have the right coverage that fits their budget.
"We’re thrilled to be able to provide additional savings opportunities alongside refinancing," said Wayne Pastore, president and COO of Polly. "By combining the power of Polly with Gravity Lending, we are elevating the overall experience of refinancing a car by providing competitive rates from Polly’s industry-leading carrier network."
“Gravity Lending prides ourselves on providing our customers with a vast array of options to lower their car payments,” said Brian Jones, founder and CEO of Gravity Lending. “Our partnership with Polly extends that value proposition, while also providing car owners a better customer experience by offering insurance options alongside the refinancing process.”
For more information about Polly, visit polly.co.
Polly is the most trusted and complete digital insurance marketplace for automotive retailers and their valued customers. The company's innovative mobile technology enables car-buyers to view multiple insurance quotes and immediately purchase online and/or connect with licensed insurance agents to complete the process. With an exclusive combination of partnerships among premier automotive retailers and data providers, an industry-best insurance carrier network, and access to Polly licensed insurance agents, Polly is recognized for its place at the forefront of Insurtech. Polly is a licensed insurance agency with licenses to operate in the lower 48 states. For more information, visit www.polly.co.
About Gravity Lending
Gravity Lending is a rapidly growing fintech company that is on a mission to bring our customers' payments back down to Earth. The company started out focused on offering automotive refinance products for their consumers and have now begun expanding their offerings to include a vast array of consumer lending products Gravity Lending seeks to change the way consumers access knowledge about their least costly financing options and more importantly to provide a path to realizing the savings.
Senior Director, Marketing Communications
Polly Insurance Agency, LLC
Business Development Manager
Gravity Lending, Inc