L.A. Insurance has bought the domain LAInsurance.com from NameMedia for $100,000.
As it turns out, L.A. Insurance is not based in Los Angeles. The company has 150 locations and currently uses the domain name LAInsuranceAgency.com.
With 150 locations, the actual price equals about $133 per store for the next five years. The company is actually based in Detroit and also runs a chain of cash advance stores.
The name servers for LAinsurance.com have not yet been updated but the whois record shows L.A. Insurance’s founder as the owner.
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