Policygenius (2024)

FAQs

Is Policygenius a good website? ›

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.

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.

Employees rate Policygenius 2.6 out of 5 stars based on 223 anonymous reviews on Glassdoor.

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

The closest competitor to policygenius.com are moneygeek.com, libertymutual.com and progressive.com. To understand more about policygenius.com and its competitors, sign up for a free account to explore Semrush's Traffic Analytics and Market Explorer tools.

Policygenius has 400 total employees.

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

Life insurers typically take 14 to 60 days to pay out the death benefit after the beneficiary files the claim. This is because they must verify the policy terms and policyholder's death certificate and confirm who the beneficiaries are.

Policygenius cost

The only thing you need to pay for is the insurance itself. The insurance business is a very competitive place. The companies strive to give people the best options at the best price, but they all have different requirements you need to fill out to apply. This is where Policygneius steps in.

Which life insurance company pays agents the most? ›

Top paying companies in Insurance for Insurance Agent are New York Life, Asurea, and Family First Life.

From making it easy to explore your coverage options through our insurance marketplace to assisting with policy adjustments as your life changes, Policygenius is your independent advocate at every step. Since 2014, we've helped over 30 million people shop for insurance and placed over $150 billion in coverage.

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.

The price which Greenwich, Connecticut-based Zinnia will pay for Policygenius was not disclosed. However, the combined company would have an enterprise value of over $1 billion, a source familiar with the matter said. Policygenius will contribute about one third of the revenue of the combined company.

Policygenius is a legitimate insurance agency that is licensed in all 50 states. They work with eleven highly-rated providers and offer both term and whole life insurance. After asking you some questions about your health, their agents will quickly compare options from the companies they represent.

If that insurer happens to offer online car insurance quotes, you may want to take advantage of it. It is generally cheaper to buy car insurance online, as there are no agent fees or markups. However, an agent can guide you through the purchase process and help you select the best coverage.