Gabi Personal Insurance, known to most as simply Gabi, is a mobile phone app and website with an automated insurance search engine that checks the 25 largest insurance companies in the US and compares rates.
The service also constantly monitors changes in insurance rates, notifying clients if a better rate is found at another company. Founder Hanno Fichtner stated in an interview that most brokers and agents are influenced to offer clients companies that might not be the lowest rate since they work on commission.
The company currently operates only within the US, but plans to expand internationally. Gabi offers rate comparisons for home, auto, renters, umbrella, and life insurance. While Gabi would like to offer health insurance, at this time, Fichtner says that the market is too volatile and he will wait until at least after the 2020 presidential election.
On signup, clients can send their policies directly to Gabi. The company then analyzes their current coverage and compares the rate with those of major insurance companies to find a better price for the same coverage. By scanning existing insurance documents to create an insurance profile for each customer, Gabi saves the customer the tedious step of entering all the information by hand.
Headquarters for Gabi are located in San Francisco, California.