Domain Name Sells for $16 Millions has entered the record books for being one of the most expensive domain name ever sold in the history of internet. A less known organization called Quin Street purchased domain as well as the company name “Insure” for a whooping amount of 16 million USD. The parent company that was holding the domain name is now renamed itself to Life Quotes.

Other high priced domain auctions we have see in the recent are: sale of for $3 million, for $12 million, for $5.1 million and for $1.8 million.

Check out our earlier post on best of the creative domain names and 100 oldest domain names on the net.

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