Policygenius (2024)

FAQs

Is Policygenius safe to use? ›

Policygenius has near-perfect ratings on Trustpilot, BBB, and Google.

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

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.

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/.

Suze Orman recommends that generally most people should get a 20 year term life insurance policy at 20 times your annual income. What does that mean? That means if you're 30 years old and you make $50,000 a year you should get a million dollar 20 year term life insurance policy.

How does Policygenius make money? 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.

Policygenius was founded in July, 2014. So just how much has Policygenius raised in funding? In January 2020, Policygenius raised a massive $100 million million round of funding led by KKR. And in March 2022, they raised an additional $125 million in a Series E round.

About the 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. The company is headquartered in New York City.

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 transforms the insurance journey for today's consumer, providing a one-stop platform where customers can compare options from top insurance carriers, get unbiased expert advice, buy policies, and manage their insurance portfolio, in one seamless, integrated experience.

How long does Policygenius take? ›

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.

Simply put, “best terms pricing” refers to the practice where an insurer submits a quoted premium for its portion of a subscription insurance policy (a policy where a panel of insurers underwrite respective percentages of a particular risk) and qualifies that quote by providing, essentially, “if another panel insurer ...

Its TrustScore is 4.7 out of 5 based on over 4,739 reviews, putting it in the “excellent” category. Policygenius customer reviews typically praise the company's quick application process, communication and cost. It also has an A- Better Business Bureau (BBB) rating with a 4.69/5 customer rating based on 155 reviews.

Over 30 million people have shopped for insurance with Policygenius. And the company has helped consumers purchase over $90 billion in coverage so far. Policygenius has an average 4.8 out of a 5-star rating scale through Trustpilot based on over 2,000 reviews.

IF YOU WISH TO OPT OUT OF PROMOTIONAL CALLS OR TEXTS, YOU MAY EMAIL PRIVACY@POLICYGENIUS.COM OR CALL US AT 1-855-695-2255. YOU MAY ALSO RESPOND TO ANY PROMOTIONAL TEXT RECEIVED ON YOUR MOBILE DEVICE WITH THE WORD “STOP” TO OPT OUT OF PROMOTIONAL TEXTS.

Yes, nearly every major insurer offers a way to get quotes for car insurance online, though some require you to contact an agent before you can finalize your purchase. However, many companies allow you to complete the entire process on the internet, from quote to purchase.

You don't have to repay an insurance policy loan, but if you don't pay it back, you could owe taxes or face a lowered death benefit. If you need quick access to cash, a life insurance policy loan is an easy way to obtain money.