Everquote Insurance Legit? A Comprehensive Analysis

Is Everquote Insurance Legit? A Comprehensive Review

Everquote, established in 2011 and headquartered in Cambridge, Massachusetts, is a prominent insurance lead generation company.

It partners with major carriers like Progressive, Nationwide, and Farmers.

Serving consumers in all 50 states, Everquote provides quotes for various insurance types, including car, home, health, life, and commercial insurance.

Is Everquote Insurance Legit?
Is Everquote Insurance Legit: Photo(At Scale)

The company, initially an internet advertising firm named AdHarmonics, evolved into a marketplace platform for insurance.

Commercial insurance quotes are facilitated through Bold Penguin, also known as the Commercial Insurance Center.

Is Everquote Insurance Legit? Lines of Coverage

Everquote offers major commercial insurance lines, including Business Owners, General Liability, Professional Liability, Commercial Auto, and Workers’ Compensation.

The company caters to diverse industries, utilizing a keyword search bar for policy placement.

Also Read: Is Elite Insurance Group Legit? A Comprehensive Analysis

Premium Costs and Underwriting Process

As a marketplace, Everquote does not underwrite policies directly but collaborates with partner carriers, enabling business owners to find suitable policies at competitive prices.

The underwriting process involves answering relevant questions about the business, industry, and structure, with the finalization of quotes occurring through a call.

AM Best Ratings and Complaint Index

Since Everquote isn’t a carrier, it lacks AM Best ratings, but its partner companies, such as AAA Insurance, Farmers Insurance, and Nationwide, have their respective ratings.

The National Association of Insurance Commissioners (NAIC) complaint index reflects partner carriers’ performance, with examples like Liberty Mutual having a score of 1.87.

Also Read: Is CarInsurance.net Legit? A Comprehensive Analysis


Everquote’s reputation is challenging to assess due to its role as a marketplace.

Reviews on Trustpilot highlight concerns about data selling and perceived poor lead quality.

The Better Business Bureau (BBB) reports a B rating with customer complaints centered around persistent calls from multiple insurance representatives.


Everquote has transformed from an auto insurance lead generator to a comprehensive insurance marketplace.

Consumers can explore a variety of coverage options through Everquote’s platform.

Commercial insurance, managed via Bold Penguin, extends the company’s service portfolio.

Mixed reviews highlight the need to carefully assess partner carriers for customer satisfaction.

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