How does Coverage make money?

Coverage earns a commission or payment from the carrier each time a customer buys a policy online or over the phone through a Coverage agent, which is standard practice for agencies. In addition to commission from sales, Coverage may also get paid if you interact with ads on the Coverage site, but our compensation does not impact the price of your policy. Additionally, the offers on the Coverage site are from affiliates who compensate us, potentially affecting the display order of products on this tool. Bankrate does not sell or solicit insurance products, and its editorial content is created independently from Coverage’s product offerings.

Can I trust Coverage.com?

While Coverage may be new to the insurance scene, its agents and leadership team aren’t. Coverage has over 60 years of combined experience in the insurance industry and is licensed in every state. One benefit of working with an independent agency is that we can shop from multiple companies to find the features and benefits that best fit your needs. Coverage helps you understand your options so you can find the best deal. After that, the company that you chose provides the claims and customer service moving forward, but Coverage remains your agent of record to help with coverage questions.

Bankrate & Coverage partnership

Written by

Shannon Martin,

Edited by

Amelia Buckley

Published on November 01, 2024 | 2 min read

Bankrate is always editorially independent. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com, LLC, a licensed entity (NPN: 19966249). For more information, please see our . Our is to ensure everything we publish is objective, accurate and trustworthy.

Cavan Images/GettyImages; Illustration by Hunter Newton/Bankrate

Most of us will have to buy an insurance policy in our lives. Whether you’re comparing endorsement options for your new home or looking to save on auto insurance with discounts, shopping around is a critical part of the process. Comparing rates and coverage from various insurance carriers can be overwhelming, so Bankrate and Coverage partnered up to make the process more seamless.

Bankrate provides insurance information and expert insights into auto and home insurance topics to help readers feel more confident in their financial decisions. Coverage offers a simple and straightforward path to purchasing auto and home insurance in your own way and at your own pace, without the added pressure and stress. But how do these two companies work together? Here’s how the Bankrate and Coverage partnership works.

What is Coverage?

Coverage is a licensed, independent insurance agency that helps customers find auto, home, renters and other personal lines products. Coverage agents work with various carriers to help you find the policies that work for your life — they aren’t tied to just one company.

How does Coverage work?

Coverage partners with several prominent and vetted carriers, such as Nationwide and Progressive, to provide you with multiple options to compare. If you need help deciding which policy will best meet your insurance needs, a licensed agent is available to answer your questions and help guide the experience.

Advertising disclosure

This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Insurance disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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Compare auto insurance rates

Answer a few questions to see personalized rates from top carriers.

Are you currently insured?

Are you insuring multiple vehicles?

Are you a homeowner?

ZIP Code

Your information is kept secure

Advertising disclosure

Insurance disclosure

What is the Bankrate and Coverage Partnership?

Bankrate is an independent financial services publisher that provides readers with tools and information about a wide range of personal financial products. In other words, Bankrate gives people the information they need to navigate their financial journey. While Bankrate and Coverage are both subsidiaries of Red Ventures, both operate independently of one another. Coverage partnered with Bankrate to provide its readers one way to purchase insurance, but Bankrate’s editorial team operates independently of Coverage. Coverage operations do not impact the quality or integrity of Bankrate content.

How it works

Coverage wants to make buying insurance as simple and stress-free as possible. Potential policyholders can go directly to Coverage.com for an online policy quote or call a licensed agent for a quote over the phone. Too busy to finalize your policy? No problem. You can even schedule an agent to call you back at a time that works best for you.

Bankrate readers interested in getting insurance quotes can click on ‘Get a custom quote’ and will be immediately directed to the Coverage website. After a few basic questions, you will be provided with an insurance offer.

Coverage users can get insurance offers in all states, in many states users can get rates and call a licensed agent. Please note that Coverage does not sell your personal data.

Frequently asked questions

Coverage earns a commission or payment from the carrier each time a customer buys a policy online or over the phone through a Coverage agent, which is standard practice for agencies. In addition to commission from sales, Coverage may also get paid if you interact with ads on the Coverage site, but our compensation does not impact the price of your policy. Additionally, the offers on the Coverage site are from affiliates who compensate us, potentially affecting the display order of products on this tool.

Bankrate does not sell or solicit insurance products, and its editorial content is created independently from Coverage’s product offerings.
While Coverage may be new to the insurance scene, its agents and leadership team aren’t. Coverage has over 60 years of combined experience in the insurance industry and is licensed in every state. One benefit of working with an independent agency is that we can shop from multiple companies to find the features and benefits that best fit your needs.

Coverage helps you understand your options so you can find the best deal. After that, the company that you chose provides the claims and customer service moving forward, but Coverage remains your agent of record to help with coverage questions.