Finding the best car insurance coverage isn’t easy, and worst of all — it can be time-consuming. Enter QuoteWizard, the nation’s largest insurance lead provider, which is just a fancy way of saying this: They’ve got a lot of connections to some of the best auto insurance companies out there.
Operating as an insurance marketplace, QuoteWizard can do in minutes what might otherwise take hours — that is, connect you with some of the most competitive insurance quotes in your area. Interested? Keep reading for our full review on finding affordable insurance coverage using QuoteWizard.
- You could save up to $500 with some companies
- Compare dozens of providers in under 5 minutes
- Fast, free and easy way to shop for insurance
- Quickly find the perfect rate for you
QuoteWizard: Is it worth it?
|Our verdict: QuoteWizard is easy to use, but it doesn’t provide enough information to help you make an informed decision on the best car insurance for your situation.
What is QuoteWizard?
|Types of coverage
|Varies by insurer, but may include:
|Varies by insurer, but may include:
|Where you can use it
QuoteWizard is an insurance marketplace owned by LendingTree. It was launched back in 2006 in Seattle, Washington, by brothers Rob and Scott Peyree. Since then, the company has grown to serve more than 50 million people in all 50 states, and connect them with mainstream insurance providers like Allstate, State Farm, Nationwide, and Farmers, among others. According to the QuoteWizard website, the company is the largest insurance-lead provider in the U.S.
Besides its extensive service network, QuoteWizard is also dedicated to making the process of finding renters' insurance, homeowners' insurance, life insurance, health insurance, and auto insurance (and comparing quotes) easier. By partnering up with leading names in the industry, QuoteWizard’s marketplace allows you to compare quotes in minutes. Rather than contacting individual service providers one at a time, the company has its partner providers reach out to you directly — meaning you can compare offers side by side before selecting the best one.
The company was acquired in 2018 by LendingTree, the nation’s largest lending marketplace, and it is now wholly owned and operated as LendingTree’s subsidiary.
How does QuoteWizard work?
As we mentioned earlier, QuoteWizard isn’t an insurance provider, it’s an insurance marketplace that connects consumers with insurance agents. It helps you find insurance policies with its partner companies and compares offers to get the best deal. Because the company operates independently of these partner insurance companies, there’s never any pressure (or commitment) to choose one of the coverage options being offered to you.
Partnering with car insurance companies like Erie, USAA, GEICO, American Family, and State Farm, QuoteWizard is able to provide you with multiple insurance quotes in minutes.
Here’s how it works. You’ll start by providing the company with some personal basic information, such as your marital status, credit score, date of birth, and address. Next up, you’ll need to provide information about the car you want to insure, including its make, model, and year. You’ll also need to provide info about your current coverage and driving history.
Once QuoteWizard has this info, it’ll start gathering the best quotes from insurers in your area. Keep in mind that auto insurance quotes can vary quite a bit based on your driving profile and where you live. Once you start receiving offers, you’ll be able to compare quotes and pick the one that’s best for you.
Besides the obvious convenience associated with using an insurance marketplace like QuoteWizard, the company also does a great job providing educational resources for drivers, with detailed charts about average insurance costs and the cheapest insurance companies to work with, for example. The company’s extensive online literature can also help drivers determine whether they need comprehensive car insurance or full coverage car insurance.
What insurance does QuoteWizard offer?
The exact auto insurance coverage you’ll be able to secure depends on which company you purchase from and where you live.
Common types of car insurance coverage include:
- Liability insurance: This helps to pay for property damage and bodily injuries to other parties involved in an accident in which you’re at fault.
- Medical payments or personal injury protection coverage: These types of coverage help to cover medical expenses for you and your passengers.
- Uninsured/underinsured motorist coverage: This helps to cover damage or injuries caused by a driver with no insurance coverage or who doesn’t have enough coverage to pay for your expenses.
- Collision insurance: This assists in covering damage to your vehicle due to a collision with another vehicle or object.
- Comprehensive coverage: This helps to pay for damage from incidents other than collisions, including thefts, fire, vandalism, or falling rocks.
- Glass coverage: This helps to pay for windshield damage.
- Rental car reimbursement coverage: This helps you pay for a rental car while your vehicle is being repaired for a covered expense.
In addition to auto insurance, QuoteWizard also partners with insurers who offer other types of insurance too:
- Life insurance
- Home insurance
- Health insurance
- Renters insurance
Unfortunately, QuoteWizard has a few limitations. For example, QuoteWizard doesn’t actually provide you with any quotes. Instead, after you provide your information, it’ll simply notify you of which option is best. But it doesn’t provide any pricing details or other information to tell you how it arrived at that decision. To actually get a quote, you’ll need to click through to that insurance company’s website and submit additional information for that insurer.
Finally, QuoteWizard suffers from the same problem as most other rate-shopping marketplaces: you’ll get a lot of phone calls and emails. You can expect the calls and emails to start as soon as you complete your quote request.
QuoteWizard: How cheap is it?
QuoteWizard itself is free to use. The actual cost of the insurance varies depending on which company it refers you to.
One thing QuoteWizard is good about is providing lots of data on auto insurance policy costs. Its auto insurance webpage has information to show you expected policy premiums across a wide range of factors, such as your age, location, driving history, and more.
How to find discounts
QuoteWizard does not offer any discounts because it’s a free marketplace and doesn’t actually sell insurance itself. However, actual auto insurance companies offer many of the same discounts that are good to watch out for, such as:
- Good student: If you’re a teen or young driver in high school or college and you maintain a certain grade point average, many insurers offer a discount.
- Bundling: Many companies offer a discount if you buy other types of insurance from them, such as renters/homeowners and life insurance, or if you buy another car insurance policy for another vehicle you own.
- Defensive driving: Some insurers offer an extra discount if you complete an approved defensive driving course and provide proof.
- Telematics: Many insurers lower your rate if you download and use an app or plug a company-provided telematics device into your car to record your driving.
- Accident-free driving: If you avoid getting into an accident, many insurers will lower your rate.
- Car safety devices: Insurers commonly offer discounts if your car has certain safety features, such as anti-lock brakes, anti-theft devices, passive restraint systems, and more.
How to maximize your savings with QuoteWizard auto insurance
If you’re looking to find the best car insurance out there, you’ll want to keep a few things in mind. Mainly, it helps to understand how car insurance works. In addition to helping you find the best rates, QuoteWizard can also help you understand the factors that determine car insurance rates, including what you can expect to be offered based on your driving profile, car, and other criteria.
As a general rule of thumb, people with longer driving histories receive better quotes than newer drivers. Likewise, the kind of car you drive will also impact how much you end up paying, as some vehicles have better safety ratings (and are historically driven in a safer way) than others. Another thing that will save you money on car insurance? Having a clean driving record, as in no tickets, DUIs, or accidents.
Much like other forms of insurance, auto insurance companies are all about risk assessment. The better your driving profile, the less of a risk you appear to be. Things like a good driving history, a high credit score, and a safe car can all help you save money on car insurance.
FAQs about QuoteWizard auto insurance
Is QuoteWizard a free service?
QuoteWizard is an auto insurance marketplace that provides quick and convenient auto insurance quotes, and it is completely free to use.
Is QuoteWizard legit?
Yes. QuoteWizard has been in business since 2006 and is currently owned and operated by LendingTree. By partnering with leading insurance providers like GEICO and State Farm, the company is able to get multiple auto insurance quotes in minutes.
Which companies does QuoteWizard work with?
QuoteWizard has an extensive list of insurance partners that include names like Erie, AAA, Amica, USAA, GEICO, American Family and State Farm, Progressive, Allstate, Nationwide, Metlife, Liberty Mutual, and Farmers.
How long does it take to find insurance with QuoteWizard?
Once you complete a quick online profile, you’ll start receiving quotes right away. It takes only a few minutes to complete your profile and get started with QuoteWizard.
How to get started with QuoteWizard
Getting started with QuoteWizard is easy. Head to QuoteWizard.com and start by entering your zip code, as well as the year, make, and model of your vehicle.
From there, the company will ask questions about your marital status, credit score (if you don’t know it, that’s OK), and if you’d like to insure more than one car or bundle your auto insurance with a homeowners insurance policy. If you do have more than one vehicle, or also need to shop for homeowners insurance, you may save money bundling these packages with the same insurance provider.
You'll also need to disclose whether you have any DUIs, at-fault accidents, or have had two or more tickets in the past three years.
QuoteWizard notifies you which auto insurance company offers the best rate, though it doesn’t tell you what that rate is for the company it picked or any others.
Finish your rate quote on the company’s website where you’ll provide additional information required by that specific insurer.
Bottom line on QuoteWizard auto insurance
If you’re looking to get multiple auto insurance quotes quickly, QuoteWizard is a great place to start. By answering a few quick questions, you’ll be well on your way to receiving some of the most competitive auto insurance quotes in your area.
Looking for more ways to insure you and your family have the coverage needed? Check out our extensive reviews of the best insurance money can buy.
FinanceBuzz researches a number of factors in each auto insurance provider to create our reviews. These factors include cost and discounts, complaints and customer satisfaction, coverage, and ease of use. We also gather information from sources such as J.D. Power, AM Best, the National Association of Insurance Commissioners (NAIC), and the Better Business Bureau to ensure we provide the most useful information to our readers.