Walmart adds auto insurance to its growing list of products

The move to sell auto insurance comes just a few weeks after Walmart launched a money transfer service.

Justin Sullivan/Getty Images

The move to sell auto insurance comes just a few weeks after Walmart launched a money transfer service.

NEW YORK — Walmart is bringing one-stop shopping to another area: auto insurance.

The world’s largest retailer has teamed up with new website to let shoppers quickly find and buy insurance policies online in real time to cut down costs.


The service is available immediately in eight states — Arkansas, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, Tennessee, and Texas. It will be available nationwide in the next few months.

The news raises the question: Is there anything that the world’s largest retailer doesn’t sell?

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Surprisingly, the answer is plenty.

You can find food, medicine, and dog toys at Walmart, but chances are you didn’t buy your pet there. By the same token, you can pick up a wedding veil at Walmart, but not a traditional white wedding gown. And there are plenty of battery-powered cars for kids at Walmart, but no life-size versions for grown-ups. All that could change someday.

Walmart says that almost anything is possible as it pushes to cement its reputation as a place where shoppers can stop in for grocery staples like milk and eggs and also cross off a number of other things on their to-do list. In keeping with the vision of its founder, Sam Walton, Walmart continues to look to expand its offerings of products and services at lower prices than its competitors.


Analysts say the pressure to expand its offerings is only intensifying as Walmart continues to face competition from online rival, which is expanding into new products and services.

‘‘We are all about one-stop shopping,’’ says Deisha Barnett, a Walmart spokeswoman.

In auto insurance, Walmart and will let shoppers quickly find and buy insurance policies online to cut down costs. That move comes just a few weeks after Walmart launched a money transfer service.

What other services could be on the horizon? Brian Sozzi, an equities strategist who follows Walmart, believes the retailer will continue to focus on adding services.

The possibilities are legion. Shoppers can order caskets online from Walmart and they can even buy life insurance in 217 Walmart stores. But they’ll have to go elsewhere to arrange funeral services. And while customers can turn to Walmart to help them file their taxes, they have to go elsewhere if they need assistance writing their will.

‘‘Anything is fair game,’’ says Walmart’s Barnett.

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