EverQuote, Inc. - Class A Common Stock (EVER)
Frequently Asked Questions About EverQuote, Inc. - Class A Common Stock (EVER)
Can consumers purchase insurance directly from EverQuote?
No, consumers cannot purchase insurance directly from EverQuote. Instead, the platform allows users to compare quotes and connect with various insurance providers, who then complete the policy purchase process directly with the consumer.
Does EverQuote have a physical office?
Yes, EverQuote has its headquarters located in Cambridge, Massachusetts. The company maintains a physical office to better facilitate its operations, including its marketing and technological functions, though it also embraces a remote working culture.
Does EverQuote offer mobile services?
Yes, EverQuote provides a mobile-friendly platform, allowing users to access its services through smartphones and tablets. The company focuses on optimizing the user experience across devices, ensuring that consumers can easily compare quotes and connect with insurance providers on the go.
How does EverQuote benefit insurance consumers?
EverQuote benefits insurance consumers by providing a convenient platform that allows them to compare multiple insurance quotes in one place. By presenting various options from different providers, consumers can save time, discover cost-effective coverage, and ultimately make well-informed decisions about their insurance needs.
How does EverQuote generate leads for insurance providers?
EverQuote generates leads through its extensive digital marketing efforts, which include search engine optimization (SEO), paid advertising, and partnerships. The company attracts potential insurance buyers to its platform, captures their information, and provides qualified leads to its partnering insurance providers.
How does EverQuote handle consumer data?
EverQuote takes consumer data privacy seriously and complies with relevant regulations to protect user information. The company uses encrypted communication and secure data storage practices to safeguard personal details, ensuring users' information remains confidential and is used solely for providing insurance quotes.
Is EverQuote a public company?
Yes, EverQuote, Inc. is a public company listed on the Nasdaq stock exchange under the ticker symbol 'EVER'. The company went public in May 2018, allowing it to raise capital to support its growth and expansion initiatives.
Is there a fee for using EverQuote's services?
No, there are no fees for consumers to use EverQuote's services. The platform is free for users, as the company earns its revenue through commissions paid by insurance providers when a policy is purchased as a result of a lead generated from EverQuote.
What are EverQuote's plans for future growth?
EverQuote plans to continue expanding its marketplace by enhancing technology, entering new insurance verticals, and strengthening partnerships with more insurance carriers. The company is also focused on improving customer experience and retention, aiming to solidify its leading position in the online insurance comparison sector.
What does EverQuote, Inc. do?
EverQuote, Inc. is a leading online insurance marketplace that connects consumers with insurance providers. The company aims to simplify the insurance shopping process for users by providing various quotes and options for auto, home, and health insurance, enabling consumers to make informed decisions based on their unique needs and budgets.
What information is needed to get a quote from EverQuote?
To get a quote from EverQuote, consumers typically need to provide basic information such as their name, address, date of birth, vehicle information (for auto insurance), and any relevant driving history. The more accurate and detailed the information provided, the better the quotes received.
What is EverQuote's customer service like?
EverQuote aims to provide a seamless customer experience by offering extensive online resources, such as guides and articles, as well as customer support through various channels, including email and live chat. This commitment helps ensure that users have a positive experience while navigating their insurance options.
What is EverQuote's primary business model?
EverQuote operates on a commission-based business model. The company generates revenue by connecting users with insurance providers and earns a fee when consumers purchase policies through its platform. This model allows them to focus on driving high-quality leads to their partners.
What is the mission statement of EverQuote?
EverQuote's mission is to make insurance easier for consumers. The company strives to empower individuals to make informed insurance choices by providing them with a comprehensive marketplace where they can compare quotes and find the best coverage options tailored to their needs.
What kind of growth has EverQuote experienced?
Since its founding, EverQuote has experienced significant growth in both revenue and customer acquisition. The company has expanded its marketing footprint, built partnerships with major insurance providers, and diversified its product offerings, all contributing to its position as a leader in the online insurance marketplace.
What technology does EverQuote use?
EverQuote employs advanced technology and data science to optimize its insurance marketplace. The company uses algorithms to analyze consumer behavior, improve its lead generation process, and provide personalized recommendations to users based on their preferences and needs.
What types of insurance does EverQuote offer?
EverQuote primarily offers quotes for auto insurance but has expanded its services to include home insurance, health insurance, renter's insurance, motorcycle insurance, and other insurance products. This wide range allows consumers to find the most suitable coverage that meets their diverse needs.
When was EverQuote, Inc. founded?
EverQuote was founded in 2011 by Seth Birnbaum, John Hock, and Andrew A. DeVito. Since its inception, the company has grown significantly, becoming one of the primary players in the digital insurance comparison market, leveraging technology to enhance the user experience.
Who are EverQuote's main competitors?
EverQuote faces competition from various companies in the online insurance marketplace sector, including Policygenius, The Zebra, Compare.com, and QuoteWizard. These competitors also aim to provide consumers with comparative quotes and the best insurance options available.
What is the current price of EverQuote, Inc. - Class A Common Stock?
The current price of EverQuote, Inc. - Class A Common Stock is 26.65
When was EverQuote, Inc. - Class A Common Stock last traded?
The last trade of EverQuote, Inc. - Class A Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of EverQuote, Inc. - Class A Common Stock?
The market capitalization of EverQuote, Inc. - Class A Common Stock is 876.57K
How many shares of EverQuote, Inc. - Class A Common Stock are outstanding?
EverQuote, Inc. - Class A Common Stock has 32.89K shares outstanding.