First, a lot of insurance sites are lead generators—meaning they’ll capture your information (like a request for a quote) and sell that to multiple insurance brokers/agents who’ll try to sell you. We don’t do that. Second, most insurance sites don’t provide a great user experience. They don’t make it easy to comparison shop and understand what you’re buying. The sites are poorly designed and filled with poorly written content. If they don’t confuse you to death, they bore you to death. That’s not how we do things. Everything we do is designed to deliver a great experience. We’ve devoted a lot of energy to designing an easy-to-navigate site, creating helpful tools and writing engaging content. After you give our site a spin, we think you’ll agree.
Policygenius and our advisers are licensed insurance brokers. Our licenses authorize Policygenius and our advisers to discuss with prospective purchasers the benefits, terms and conditions of insurance contracts; offer advice and recommendations on the benefits of particular insurance contracts; sell insurance; and obtain insurance for purchasers. Our role in any particular transaction typically involves one or more of these activities.
We’re an insurance broker, so we get paid a commission by insurance companies for each sale. Insurance commissions are already baked into the price of an insurance policy, so you’re not paying any extra for using our service (or any broker’s service for that matter). We understand that getting a commission on a sale introduces a potential conflict of interest. But we don't push or give preference to any one insurer over another because of the commission. Our compensation on any particular purchase may vary depending on a number of factors, including the type and size of product, the insurer, and the volume of business we have with an insurer. If you want to know what commission we'd earn on any insurance product you see on this site, just ask us. We'll be glad to tell you.
Yes—all insurance brokers are required by law to be licensed in each state they do business. You can find our licenses here.
No—we’re an independent broker. That means we can offer insurance products from several different companies. There are also what’s called “captive” agents, who only offer products from their specific insurance company (like Farmers, Northwestern Mutual or State Farm).
No—but neither can anyone else. Insurance rate tables and premiums are filed with and regulated by your state's department of insurance. That means you pay the same price for a given insurance company’s product, wherever you buy it from. For example, a term life insurance policy from Company X will cost the same for you if you buy it from us or another broker. The exception to this is pet insurance, where we've negotiated exclusive discounts with the pet insurance companies on our platform. However, where we can get you a better price is by offering products from multiple insurance companies. One company might have more competitive pricing for your particular case; that’s the advantage of working through an independent broker.
First, we only consider insurance companies that are reputable and have sound financial ratings. After that, we select based on the ease of doing business with them. That means, we work with companies that:
We work with both! Our educational tools are designed for individual users, but we can customize for employers who want to distribute them to their employees. We complement the benefit offering at a company with financial education tools and access to individual products.
A licensed Policygenius expert is available to help with your questions. Email us at firstname.lastname@example.org.
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Yes, we have to include some legalese down here. Policygenius Inc. (DBA Policygenius Insurance Services in California) (“Policygenius”), a Delaware corporation, is a licensed independent insurance broker. Policygenius does not underwrite any insurance policy described on this website. The information provided on this site has been developed by Policygenius for general informational and educational purposes. We do our best to ensure that this information is up-to-date and accurate. Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application.
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