Does SelectQuote only represent a rated carriers?

Asked by: Tyrique Cormier  |  Last update: February 11, 2022
Score: 5/5 (48 votes)

SelectQuote works with highly-rated insurance carriers. We only shop insurance quotes from some of the most trusted insurance companies to find the right policy at the right price for you.

What type of insurance does SelectQuote offer?

Founded in 1985, SelectQuote is an insurance sales agency that helps customers find the best rates on life insurance policies. Along with life insurance, customers can also use SelectQuote to purchase auto, home, and disability insurance. It also sells Medicare Supplement insurance and Medicare Advantage plans.

What companies does SelectQuote work with?

SelectQuote works with a variety of companies depending on the kind of insurance you're getting a quote for.
...
Auto and Home Insurance
  • American Modern.
  • American Strategic.
  • Dairyland.
  • Encompass.
  • Foremost.
  • GeoVera.
  • Hartford.
  • Hippo.

Is SelectQuote reputable?

Is SelectQuote legitimate? The answer is yes! SelectQuote is very reputable and has been in business since 1985 and has helped thousands of people buy life insurance and plan their estate.

Which insurance companies are A rated?

A-rated insurance companies include Geico, Progressive, and State Farm.

SelectQuote Career Opportunities!

30 related questions found

How do insurance companies determine ratings?

For the latest Standard and Poor's Ratings, visit the agency's web site at www.standardandpoors.com (or call 212-438-2400). To access the Insurer Financial Strength Ratings on the web site, click on the “Ratings Lists” link, and then choose the “Insurance” category.

How do I find my insurance rating?

Before you buy, check out the insurance company's financial rating:
  1. A.M. Best Co. ( www.ambest.com) 908-439-2200.
  2. Fitch Ratings (www.fitchratings.com) 800-893-4824.
  3. Moody's Investor Service, Inc. ( www.moodys.com) ...
  4. Standard & Poors (www.standardandpoors.com) 800-523-4534.
  5. Weiss Ratings (www.weissratings.com) 877-934-7778.

Is SelectQuote a pyramid scheme?

SelectQuote is not a multi-level marketing (MLM) business opportunity or pyramid scheme. The company doesn't have multiple layers of agents, mentors, and trainers and is not suitable for agents who are primarily looking to recruit.

Who represents SelectQuote?

SelectQuote represents more than 50 highly rated life, auto, home, and Medicare insurance carriers.

Is SelectQuote a buy?

SelectQuote has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 8 hold ratings, and no sell ratings.

Is SelectQuote a good place to work?

Is SelectQuote a good company to work for? SelectQuote has an overall rating of 3.2 out of 5, based on over 962 reviews left anonymously by employees. 52% of employees would recommend working at SelectQuote to a friend and 50% have a positive outlook for the business.

Where is SelectQuote located?

SelectQuote headquarters is located in Overland Park, KS, but there are also offices located in San Francisco and San Diego, CA, Denver, CO, Jacksonville, FL, and Des Moines, IA.

What is SelectQuote senior?

SelectQuote Senior is a one-stop marketplace for comparing Medicare Supplement and various types of Medicare Advantage plans. The service shops up to 21 insurance companies and makes it faster and easier to compare rates.

How long has SelectQuote insurance been in business?

Founded in 1985, SelectQuote has grown to become America's largest direct-to-consumer seller of term life insurance with over 800,000 active customers.

How much do SelectQuote agents make?

Average SelectQuote Insurance Agent yearly pay in the United States is approximately $63,068, which meets the national average.

Who founded SelectQuote?

SelectQuote was founded in 1985 by Charan Singh. Tim Danker has been chief executive officer of SelectQuote since 2017, according to the company's website.

What is it like to work at SelectQuote?

The company provides great training and gives you every resource you need to be successful. If you are self motivated and have a good work ethic, this is a very good job and has great benefits. SelectQuote takes care of its associates that do their job.

What year did SelectQuote start?

In 1985, SelectQuote pioneered the way consumers shopped for term life insurance by providing unbiased price comparisons from some of the most trusted insurance carriers.

Does SelectQuote have base pay?

Base-Pay (40k) 2. Bonus structure (can change monthly) 3.

Does SelectQuote pay training?

$950 for two weeks of paid training, depening on what class you are in. $12/hour plus you can make bonuses depending on your scores during training.

Does SelectQuote pay weekly or biweekly?

4 answers. The 10th and 25th of each month. Twice a month.

Why would an insurance company not be rated by AM Best?

A.M. Best is a voluntary rating center and is an independent opinion, not a standard. Because of the various state regulators and guidelines that each insurance company must comply with, most companies rely on the A.M. Best recommendation. ... A.M. Best does not rate federally licensed self-insurance funds.

What is the AM Best rating scale?

AM Best's financial strength ratings range from the highest A++ to B+, to 10 vulnerable ratings, ranging from B to S, with the lowest indicating a rating was suspended.