Policygenius (2024)

FAQs

Is Policygenius reputable? ›

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.

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

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.

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.

Wondering what Ramsey teaches about life insurance? This article covers all the types, but let's cut to the chase: we always recommend buying term life. In particular, you want a policy that lasts 15 or 20 years with coverage that's 10-12 times your annual income.

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.

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' 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.

Life insurance for individuals with a high net worth can be used to protect a family's inheritance or a business. It can also complement an investment strategy. Financial experts typically consider $1 million or more in liquid assets as a high net worth.

Life insurance is a popular way for the wealthy to maximize their after-tax estate and have more money to pass on to heirs. A life insurance policy can be used as an investment tool or simply provide added financial reassurance.

Do life insurance agents become millionaires? ›

Some agents, advisors, and multi-line agents made a million dollars in the first year they worked with us selling life insurance! While most of the others it took 2, 3, or more years to make a million dollars per year selling life insurance. (We are not recruiters.

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.

Jennifer Fitzgerald is an American CEO and co-founder of an online insurance site, Policygenius.

Slower process than some competitors.

For a digital brand, Policygenius moves at an analog pace. It can take days to get the full scope of your quotes, and it averages five to six weeks to get approval.

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

The No. 1 life insurance company in California is Bestow. It is also our top-rated company for no-exam and term life policies. State Farm and USAA are tied for the No.