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 does not engage in any sharing of personal information that you can limit. Questions? Call 1-855-695-2255 or email privacy@policygenius.com.

Miller says years ago, insurance contracts were easier to understand. But over time, new laws, regulations, court cases and differing opinions started to add complexity to the contracts. In other words, insurance contracts are complicated because they have to cover all their bases in case of a lawsuit or a large claim.

When you apply, life insurance companies will gather detailed information about you to determine the best type of policy for your needs. This information also helps them make decisions about rates and coverage options.

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.

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

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.

Founded in 2014 by current CEO Jennifer Fitzgerald and Francois de Lame, Policygenius allows consumers to conveniently compare and purchase insurance products from a single platform. Policygenius' platform lets users buy homeowner's insurance, life insurance, car insurance, and other products.

Insurance companies are aware that policyholders don't understand the complex and lengthy legal text packed into policy pages. Lawmakers now require insurance policies to be written in digestible language that policyholders can review and understand, even if they don't have a law degree.

Why are most insurance claims denied? ›

Insurance claims are often denied if there is a dispute as to fault or liability. Companies will only agree to pay you if there's clear evidence to show that their policyholder is to blame for your injuries. If there is any indication that their policyholder isn't responsible the insurer will deny your claim.

As if high gas prices weren't making life miserable enough, California drivers are being buffeted by higher auto insurance premiums — if they can find coverage at all. Frustrated by state regulations, a number of insurers have limited the new policies their agents can sell in California.

LYING ABOUT DRUG USE OR TOBACCO & ALCOHOL USE

An applicant for life insurance must disclose lifestyle habits, good and bad, including use of alcohol or use of tobacco.

The life insurance company will typically ask if you have any criminal convictions or a history of a suspended driver's license, moving violations or DUI. If you do, know the dates — insurers are generally only interested in events for a certain time period, such as the past five years.

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.