US start - up Credit Karma has announced plans to expand into insurance with a tool that allows users to find cheaper car insurance policies . “Because auto insurance is a major expense of owning a car, building an insurance feature was a natural extension to help our members make financial progress,” Rory Joyce, director of product management at Credit Karma, said in a statement. The service makes money by combining government statistics on drivers and vehicles along with data from credit bureaus and public insurance rate filings , saving customers the hassle of manually inputting data into multiple databases .
US start - up Credit Karma has announced plans to expand into insurance with a tool that allows users to find cheaper car insurance policies . The service makes money by combining government statistics on drivers and vehicles along with data from credit bureaus and public insurance rate filings , saving customers the hassle of manually inputting data into multiple databases .