If you're thinking about using Policygenius to compare homeowners insurance quotes, a piece of advice: don't. First, they sent emails assuring me that they were experiencing a high volume of requests but offered to try to expedite my request if I replied to their emails. So I did so, and I soon received another email telling me that they simply could not complete my request unless I sent them another email. So I did so. I'm not sure why they require this type of runaround, but I guess they're trying to ensure that they don't waste their time on frivolous requests.
I finally get my quote almost three weeks after I first submitted my request. But they quoted me for renters insurance, even though I specifically requested homeowners insurance. I let them know of their mistake, and I received a snarky reply by email telling me that I had checked a box saying that I am a renter. There is a section of the form that asks for your current address and whether you rent or own. I entered my current address and selected that I rent. Because I am buying a house (also provided the address for the new property), I am currently renting. It seems the agent misinterpreted their own form and blamed it on me. Worth noting is that Policygenius recommended MetLife for my renters insurance.
Finally, I get my homeowners insurance quote. It's also for Metlife. There is no comparison between different insurers offered. Funnily enough, I had already received a quote from Geico that was for $1,000 less than the MetLife quote from Policygenius. All I can conclude is that Policygenius is inefficient and ineffective because they're slow and did not even get me the best quote. They don't allow you to compare policies. It also seems they have some deal to shill MetLife. They advertise heavily on podcasts, so I would also take any positive reviews with a grain of salt--they seem to have an extensive marketing budget. Avoid at all costs.
FAQs
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.
What home insurance company has the best rating? ›
Compare the Best Homeowners Insurance Companies
| Provider | Star Rating | A.M. Best |
|---|
| Our Top Pick Allstate Explore Plans | 4.8 | A+ |
| State Farm Learn More | 4.8 | A++ |
| American Family Learn More | 4.7 | A |
| Nationwide Learn More | 4.6 | A |
4 more rows7 days ago
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.
Does Policygenius sell data? ›
As an independent insurance broker, this also means Policygenius will never sell your information to a third party vendor. So you don't have to worry about a flurry of calls from brokers eager to make a sale.
Does Policygenius charge a fee? ›
Policygenius itself is free to use, as it makes its money through commissions from the insurance companies for each sale. Those commissions are already included in the price of the insurance policy, so you're not paying any extra for using Policygenius.
Who owns the Policygenius? ›
In 2023, Policygenius was acquired by Zinnia, an insurance technology and digital services company.
Which homeowners insurance company has the highest customer satisfaction? ›
Read on to learn how the top insurance companies ranked and what affected claims satisfaction in 2024.
- Amica, AIG, and Erie Insurance top the list for consumer satisfaction with property claims, according to a 2024 study by J.D. Power.
- Travelers and Homesite are rated at the bottom for customer service during claims.
Auto Insurance Companies with the Most Complaints
| Company | NAIC Score |
|---|
| California Casualty | 13.16 |
| Metromile | 2.02 |
| National General | 5.57 |
| SafeAuto | 9.12 |
6 more rowsFeb 8, 2023
6 Best Homeowners Insurance Providers for Older Homes
- Liberty Mutual: Our pick for discounts.
- Allstate: Our pick for extended coverage.
- Progressive: Our pick for bundling.
- Farmers: Our pick for customizable coverage.
- American Family: Our pick for online resources.
- Travelers: Our pick for deductible savings.
How does Policygenius make money? 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.
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.
Who is the most trustworthy life insurance company? ›
Top life insurance companies
| Company | Best for | AM Best Financial Strength Rating |
|---|
| Nationwide | Customer satisfaction | A (Excellent) |
| Northwestern Mutual | Universal life insurance | A++ (Superior) |
| Prudential | Policy personalization | A+ (Superior) |
| State Farm | Term life insurance | A++ (Superior) |
3 more rowsPolicygenius was founded in 2014 and has headquarters in New York, New York and Durham, North Carolina, United States.
How do I contact Policygenius? ›
Questions? Call 1-855-695-2255 or email privacy@policygenius.com. Go to https://www.policygenius.com/about/privacy/. that utilize the name Policygenius or Policygenius Insurance Services (collectively “Policygenius”).
What is Policygenius Pro? ›
🚀 Policygenius Pro is a turnkey life insurance fulfillment platform that streamlines the process to get your clients the coverage they need.
What is the most reasonable homeowners insurance? ›
State Farm, Auto-Owners and Erie provide the cheapest homeowners insurance, based on our team's review.
What is the most complete homeowners insurance policy coverage called? ›
Called a comprehensive policy, an HO-5 policy offers the highest level of insurance coverage for houses and belongings. It covers your house and belongings under all circ*mstances except those listed as exclusions in the policy. The exclusions for HO-5 policies are the same as those under an HO-3.
What insurance is the most commonly purchased homeowners insurance? ›
The most common type of homeowners insurance policy is the standard HO-3 Special Form policy. HO-5 policies offer the broadest coverage of all policy types. Open peril coverage means losses are covered unless specifically excluded, while named peril coverage means only named loss types are covered.
Who is the most expensive homeowners insurance? ›
Travelers is the most expensive homeowners insurance company for $200,000, $350,000, $500,000 and $750,000 dwelling coverage amounts. Rates vary significantly among companies because they each have their own formulas for pricing. That means it's vital to comparison shop homeowners insurance quotes when buying a policy.
