CoverHound Insurance Comparison Website Review

Woman using laptop on sofa. Getty Images/Oscar Wong

Sometimes choosing the right insurance policy and company can be a confusing experience for consumers. Perhaps, you just don’t have the time to do the legwork it takes to find the best deal out there in insurance. Many people feel the same way and this is where insurance comparison websites such as CoverHound can take some of the headache out of shopping for insurance.

Website Overview

CoverHound is an insurance comparison website founded in 2010 by Basil Enan after spending seven years working in the insurance industry.

The company advertises the ability to get an accurate insurance quote in as little as three minutes. Its motto is “ Compare with Confidence.” Top CoverHound employees came to the company through other insurance companies such as InsWeb. Top insurance provider partners include Progressive, esurance, Safeco and others. CoverHound has been featured in The Wall Street Journal and The New York Times.

It received seed funding in 2011 from Blumberg Capital for its operations.  Other key investors include:

  • RRE Ventures
  • Route 66 Ventures
  • Core Innovation Capital
  • Tugboat Ventures
  • Bullpen Capital
  • American Family Ventures
  • AngelPad

Through its innovations, the company has developed a website where consumers can not only shop and compare insurance rates for auto, motorcycle, renters and homeowners insurance; but can also buy and manage their policies directly from the CoverHound website. CoverHound’s operations are based out of San Francisco, California with approximately 50 employees.

The company provides quotes to insurance consumers nationwide.  Keith Moore became the CEO in 2013 after being promoted from Chief Marketing Officer. In 2013, CoverHound announced that it had a growth of 533% in new written policies and also reported that more than 250,000 American used the site to compare insurance rates.

Some insurance comparison websites similar to CoverHound include:

InsureMe

2Insure4Less

QuickQuote

Carinsuranceselect.net

US Insurance Online

How it Works

To receive an insurance quote on CoverHound, you will begin by completing a short form that only takes a few minutes.  You will only be asked questions relevant to the coverage you need and your preferences but will not have to provide your personal information such as your email address or telephone number.

CoverHound then takes the information you provides and matches it to a list of insurance companies and local insurance agents. You can get the quote from the website or you have the option of calling the local agent if you prefer.

Here are the criteria you will be asked to enter for each type of quote desired:

  • Auto insurance quote: number of vehicles, number of drivers, insured states, home ownership status, marital status
  • Homeowners insurance quote: home address, burglar alarms, dog ownership, pool ownership
  • Renters insurance quote: dog ownership, pool ownership, number of residents, zip code
  • Motorcycle insurance quote: motorcycle value, coverage desired (liability only?), zip code
  • Business insurance quote: You can get a business insurance quote for business owners, general liability, professional liability, workers compensation, commercial auto or cyber insurance. From the drop-down menus you will select the U.S. state of your business operation, choose your business segment and choose the primary type of services your business provides. Once you have entered this information, you will receive the options available to you. You'll then need to enter your business name and an email address to continue.

    Better Business Bureau Rating

    CoverHound has been an accredited business with the Better Business Bureau since 2013. In that time, it has earned an “A+” rating with only two complaints lodged against it. Both complaints were closed .

    The Bottom Line

    CoverHound is a good tool to try when searching for an insurance quote online. Its insurance partners are top-rated companies and it also does not collect your personal data when providing a quote, so you don’t have to worry about your information being sold to a third party. It is a simple process to get a quote and even buy and manage your policy all through the same website.

    Contact Information

    For insurance comparison shopping, you can visit the CoverHound website or call and speak to a company representative at (866) 668-1822.