SelectQuote Auto & Home Insurance Services Co: A Comprehensive Overview

What Is SelectQuote?

SelectQuote is a U.S.-based insurance marketplace that partners with multiple carriers to provide consumers with comparative auto and home insurance quotes. Founded in 2002 and headquartered in Tulsa, Oklahoma, the company operates an online platform where users can receive personalized quotes from over 20 insurers.

Auto Insurance Coverage Explained

Core Coverages Offered

• Liability – bodily injury & property damage
• Collision – damage to your vehicle from a collision
• Comprehensive – non-collision incidents (theft, weather)
• Uninsured/Underinsured Motorist – protection if the other driver lacks coverage

Optional Add-Ons

• Roadside Assistance
• Rental Reimbursement
• Gap Insurance

Home Insurance Coverage Explained

Standard Elements

• Dwelling – structural protection
• Personal Property – belongings inside the home
• Liability – injury on your property
• Additional Living Expenses – temporary housing if the home is uninhabitable

Specialized Endorsements

• Flood Insurance (via NFIP)
• Earthquake Coverage (through selected carriers)
• Identity Theft Protection

How the Quote Process Works

Consumers begin by entering basic information—vehicle make, model, driving history, or property address, mortgage details, and desired coverage limits. SelectQuote's system matches this data against its carrier network, returning multiple quotes within minutes. Users can compare premium amounts, coverage limits, deductibles, and carrier ratings side by side.

Pricing and Cost Factors

Premiums vary based on state, credit score, driving record, vehicle age, and home location. SelectQuote's platform often highlights discounts such as multi‑policy, safe‑driver, and bundling incentives. While exact rates are individualized, industry data suggests that consumers using comparison marketplaces can save 10‑25% versus single‑carrier quotes.

Customer Experience & Support

SelectQuote offers 24/7 customer service via phone and chat. The company also provides an online portal where policyholders can view documents, make payments, and request claims. Reviews emphasize quick response times and transparent communication, though some users note higher premiums when switching carriers.

Regulatory & Trust Considerations

As a licensed insurance broker, SelectQuote must comply with state insurance regulations and maintain consumer protection standards. The company publishes annual reports and adheres to the National Association of Insurance Commissioners (NAIC) guidelines. Independent ratings, such as those from J.D. Power, have placed SelectQuote consistently in the upper quartile for customer satisfaction.

Competitive Landscape

Key competitors include Policygenius, Insurify, and Gabi. Unlike some peer platforms that focus solely on quotes, SelectQuote also partners with insurers to offer exclusive discounts and provides a dedicated broker for high‑value clients.

Key Takeaways

SelectQuote serves as a convenient gateway to compare auto and home insurance from multiple carriers, often yielding cost savings and a broad coverage selection. Prospective customers should evaluate their specific needs, compare quotes, and consider bundling discounts to maximize value.

Frequently Asked Questions

Do I lose my current policy when switching to SelectQuote?

No. You can maintain your existing policy while exploring new quotes. Once you select a new insurer through the platform, the old policy can be canceled.

Is there a fee to use SelectQuote?

There is no fee for obtaining quotes. The company earns a commission from insurers upon successful policy issuance.