If you aren’t sure where to start on your auto insurance comparison journey, lead generators can take the guesswork out of which company to use. However, lead generators can also lead to more spam and send you down a quote-retrieving rabbit hole.
Operating as an insurance marketplace, QuoteWizard only requires a few minutes of your time and asks simple questions to get the insurance quote process rolling. If you have additional insurance needs, QuoteWizard also offers a comparison tool for home, renters, health, and life insurance.
QuoteWizard is easy to use, but it could send you to insurance companies (helpful) or other insurance marketplaces (less helpful).
How we evaluate products
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.
QuoteWizard pros and cons
- Straightforward form
- Quick results
- Non-auto insurance comparisons available
- Not an insurance company
- Expect a lot of spam
- No actual quotes — just leads
What is QuoteWizard?
QuoteWizard is an insurance marketplace owned by LendingTree. Users can use the site’s comparison tools to get leads from insurance providers like Allstate, State Farm, and Nationwide, among others.
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.
Year founded | 2006 |
Types of coverage | Varies by insurer, but may include:
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Discounts available | Varies by insurer, but may include:
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Where you can use it |
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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. You’ll start by providing the company with some personal basic information, such as your zip code, marital status, 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.
Signing up through QuoteWizard took only a few minutes. I was pleased with how simple the questions were and how fast they provided matches. However, I was matched to two actual car insurance companies and two car insurance lead generators — which I found a bit frustrating since Quotewizard itself is a lead generator.
QuoteWizard didn’t show my car insurance quotes on their website, but instead, I had to click through to their partner’s site to finish my quote. For Allstate, this was easy since all of the info I input into QuoteWizard carried over, and I just had to answer a few more clarifying questions. For my other recommended insurance company, Root, I had to start the process all over to request a quote.
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 potential problem as most other rate-shopping marketplaces: if you provide your actual contact info, you’ll get a lot of follow-up phone calls and emails. You can expect the calls and emails to start as soon as you complete your quote request.
How to maximize your auto insurance savings with QuoteWizard
Again, Quotewizard is just a marketplace. If you are to save any money, it’s going to be through the insurers Quotewizard finds for you, not Quotewizard itself.
If you’re looking to find the best deal you can get on car insurance, you’ll want to keep a few things in mind. Mainly, it helps to understand how car insurance works.
One thing QuoteWizard has going for it is its extensive library of literature and data on car insurance that can 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. 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
Is QuoteWizard free?
QuoteWizard is an auto insurance marketplace that is completely free to use.
Is QuoteWizard a legitimate company?
Yes. QuoteWizard has been in business since 2006 and is currently owned and operated by LendingTree, a publicly traded company.
Which companies does QuoteWizard work with?
QuoteWizard has an extensive list of insurance partners that include names like State Farm, Liberty Mutual, Progressive, and The General.
Bottom line
The number one thing I hate about shopping for car insurance is the amount of spam that results from it. Even if you contact car insurance companies directly, you can expect follow up emails and phone calls until you put a stop to it. QuoteWizard is no different in that aspect.
The primary downside is that it doesn’t seamlessly connect with all of its partners. For example, my information only carried over to Allstate, not Root.
Regardless of whether you’re using a marketplace or contacting insurers yourself, it’s good to know who some of the best car insurance companies are so you know who to get quotes from.