Compare.com is an online platform that simplifies the process of comparing auto insurance quotes. Founded in 2013, the company aims to help consumers save time and money when shopping for car insurance. Compare.com partners with over 75 top insurance companies to provide real-time, personalized quotes to users. The platform's quoting process is designed to be quick and easy, typically taking five minutes or less to complete. Users enter basic information about themselves, their vehicle, and their driving history to receive side-by-side comparisons of insurance options.
Compare.com's technology allows for real-time integration with its insurance partners, enabling it to deliver accurate quotes directly to consumers. The company claims to have generated more than 51 million quotes since its inception and helped over 7 million customers sign up for insurance policies. The company states that users save an average of USD 720 per year on their car insurance premiums by using the service. The platform focuses exclusively on auto insurance, allowing users to adjust coverage levels and see updated offers immediately on the results page.
Key customers and partnerships
Compare.com works with a wide range of insurance providers, including major national insurers like Liberty Mutual, USA, and Travelers. The company's partnerships span more than 75 top insurance companies, giving users access to a broad selection of potential policies. Compare.com operates as a licensed insurance agency in 51 US jurisdictions, including all 50 states and Washington D.C. In California, the company does business under the name Comparedotcom Insurance Agency, LLC. As of February 2024, Compare.com is a wholly owned subsidiary of Insurify, Inc.
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