Policygenius (2024)

FAQs

Is it safe to use Policygenius? ›

Policygenius is a safe and reliable online insurance marketplace. It's the best of its kind and offers free, secure, real-time quotes for consumers. Thanks to their technology and extensive network, you can get fast, free quotes for life insurance, homeowners, auto insurance and more.

We're an independent insurance broker, so we get paid a commission by insurance companies for each sale. Insurance commissions are already built into the price of an insurance policy, so you're not paying any extra for working with us to buy a policy.

In 2023, Policygenius was acquired by Zinnia, an insurance technology and digital services company.

Policygenius' platform lets users buy homeowner's insurance, life insurance, car insurance, and other products. Policygenius acts as an independent insurance broker and, as such, is paid a commission by insurance companies upon each sale.

Policygenius does not engage in any sharing of personal information that you can limit. Questions? Call 1-855-695-2255 or email privacy@policygenius.com. Go to https://www.policygenius.com/about/privacy/.

Policygenius is worth it for people looking to compare offers from multiple home insurers at once. Users can also conveniently shop for other types of insurance — like auto insurance and life insurance — and save by bundling policies. Licensed agents are available 24/7 to answer questions and provide advice.

Policygenius Also Offers These Insurance Products

You don't have to submit to an in-person medical exam that involves blood and urine tests. And the insurer says it typically takes only 24 hours to receive a decision once you've completed all the requirements.

Insurify is your one-stop-shop comparison platform for comparing and buying car insurance. With Insurify, drivers can save time and money by comparing personalized quotes from America's top national and regional insurers, unlocking discounts, and buying a policy all in one place.

The average cost of life insurance is $26 a month. This is based on data provided by Covr Technologies for a 40-year-old buying a 20-year, $500,000 term life policy, which is the most common term length and amount sold. But life insurance rates can vary dramatically among applicants, insurers and policy types.

What is the size of Policygenius? Policygenius has 400 total employees.

Did Zinnia buy Policygenius? ›

April 25 (Reuters) - Online insurance marketplace Policygenius has agreed to be acquired by fellow digital insurance platform Zinnia, to create a tech-focused platform covering the full insurance process, executives at the companies told Reuters.

Policygenius was founded in 2014 and has headquarters in New York, New York and Durham, North Carolina, United States.

There's no fee to use Policygenius. Rather, Policygenius makes its money by being paid a commission for each insurance policy that it sells. The commission is included in the policy prices that you're quoted by Policygenius agents, and its amount may vary by insurer and policy type.

The largest insurance brokerage by revenue is Marsh McLennan. The 15 largest insurance brokerages earned over $82 billion in combined revenue in 2022. Large brokerages provide a wider range of services than smaller brokerage firms.

When to use a life insurance broker. A life insurance broker or independent agent is a solid choice if you want to see quotes and offerings from a variety of companies. For the widest range of options, choose a broker who works with a large number of companies.

Policygenius is an online insurance marketplace, or broker, which was founded to help people get insurance. I'd describe it as a place where consumers can price shop. The company was founded in 2014 by Jennifer Fitzgerald and Francois de Lame.

The answer is yes- it is safe to buy term insurance online. Purchasing term insurance online gives the following benefits: Information at your Fingertips: When you go online, you get all the information on the website regarding the term insurance plan that you want to buy.

Borrowing against life insurance can be a good option for those looking for a loan with low-interest rates, flexible repayment terms and no credit check. However, it also comes with downsides like a reduced death benefit, risk of policy lapse and significant interest accumulation.