Quotewizard Auto Insurance Review

Launched in 2006, Quotewizard has quickly established itself as a leading source of information for consumers seeking to compare insurance rates. In addition to functioning as a leading marketplace for auto, home, life, health, and renters insurance, Quotewizard maintains a resource program for insurance agents. It was acquired by Lending Tree in 2018 and has gone on to become the leading provider of insurance leads in the United States by volume.

How does Quotewizard work?

Quotewizard functions as an aggregator service for major forms of insurance, including car insurance. The unique thing about Quotewizard is the detailed, head-to-head rate comparisons the service delivers based on the information you provide. Users can see point-by-point breakdowns that examine each offer returned by their searches, with key information covering:

Some of the well-known providers who use Quotewizard to deliver car insurance quotes include:

The service also allows users to conduct side-by-side comparisons of selected providers. With this function, customers can generate at-a-glance overviews that include pricing and premiums, but also critical additional information like the pros and cons of each insurer.

Quotewizard also provides extensive and valuable consumer education resources. In particular, it helps customers understand and learn more about the individual factors that influence their insurance rates. Quotewizard’s digital library covers topics and issues such as:

Quotewizard is 100% free to use, and it does not actually offer or sell insurance policies itself. The company earns commissions when users follow through with a quote obtained on the site and buy a policy from one of the end providers that use Quotewizard as a lead generation service.

Types of available auto insurance policies

The exact types of auto insurance you can source and purchase through Quotewizard depend on factors including your location and the insurance company you end up choosing. However, you can count on Quotewizard to provide options for all the major types of auto coverage.

These include:

Other options may be available, depending on where you live.

Also, keep in mind that auto insurance requirements vary by state. For example, some states only require that drivers carry a minimum amount of liability coverage, thus making all other types of car insurance optional. Others require drivers to add other forms of protection, such as PIP coverage.

Finally, it is fairly common for banks and financing companies to require car owners to carry comprehensive and/or collision coverage in order to secure a loan. In this situation, it’s a wise idea to carry a specialized type of insurance called gap coverage, which protects you financially in the event that your car is damaged beyond repair before you have fully paid off your loan or lease balance.

It’s a good idea to make a list of all the required and optional types of car insurance you are interested in before you request a quote. The more coverages you add to a policy, the more it will cost.

Pros and cons

The advantages of using Quotewizard to obtain car insurance quotes and information include:

The service also has some drawbacks and disadvantages. These include:

Consumer ratings

Quotewizard has been accredited by the Better Business Bureau (BBB) since 2013 and held an A+ rating from the BBB as of September 2020.

The bottom line

Thorough consumer research and careful price comparisons are two critical factors that affect your ability to secure the best car insurance rates. Quotewizard makes it easy to cover both bases in one place, making it a valuable service for consumers seeking auto insurance deals from reputable providers.