Goosehead insurance is a relatively not new insurance company. However, the company has been around for quite some time and established a respected brand.
Their primary focus is on the innovative and dedicated approach to helping people find the right insurance policy for them.
The team has many years of experience in the business and a deep understanding of what is important to customers when they shop around for insurance.
Every insurance broker is confident they are the best and they all make commercial claims like “We’re good as gold, you can count on me”.
In reality, every single broker in America probably offers similar levels of service.
The problem for a consumer is how to tell the difference in credibility of the insurance companies and which company serves his needs more. Here is a review of the Goosehead insurance.
So far, we have been able to compile everything you need to know about the Goosehead insurance company.
Table of contents
Brief History of Goosehead Insurance
Goosehead Insurance was founded in the year 2003 by Robyn Jones (a real estate investor) and Mark Jones (a senior partner of Bain & Co).
Their strategy was to “build a business around you by putting you at the centre of our world, freedom of choice and providing the best service in the world.”
They provide housing, automotive, flood, umbrella, professional, and insurance solutions and partner with over 80 freight carriers nationwide.
General Company Overview
As of January 2023, Goosehead Insurance has a market cap of $3.45 Billion. This makes Goosehead Insurance the world’s 2823rd most valuable company by market cap according to our data.
Market capitalization, commonly called a market cap, is the total market value of a publicly-traded company’s outstanding shares and is commonly used to measure how much a company is worth.
Goosehead Insurance (NASDAQ: GSHD) is a rapidly growing independent personal lines insurance agency, reinventing the traditional approach to distributing personal lines products and services throughout the United States.
Goosehead was founded on the premise that the consumer should be at the centre of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience, supported by the most talented and client-focused team in the business.
Goosehead represents over 140 insurance companies that underwrite personal lines and small commercial lines risks, and its operations include a network of nine corporate sales offices and over 1,400 operating and contracted franchises.
Insurance Products Offered by Goosehead
Goosehead offers a wide variety of insurance products that benefit members customers and policyholders. These mainly cover the following categories:
- Automobile Insurance
- Home and Property Insurance
- Life Insurance
Automobile Insurance: These policies are intended to cover both liability and property damage for private vehicles. The guidelines differ significantly in the following ways, and you should choose the one that best suits your needs: Whether mileage, collisions, and complete comprehensive insurance are required, rent refunds are required, and compensation for uninsured or uninsured drivers is required. Below you will find more information and how to get a car insurance quote.
Home and Property Insurance: These policies are designed to cover both the liability and property damage of the resident’s primary residence. This includes both renters and homeowner’s home insurance, condo insurance, and flood insurance. Also, includes, but is not only limited to, boat insurance, personal property insurance, valuable personal property, umbrella insurance, and more. Hippo offers homeowners insurance discounts for:
- Early signing.
- New home and smart home.
- Claim-free.
- Homeowners Association (HOA).
- Fire extinguisher.
- Multiple policies.
- Wind loss prevention.
- Water leak detection device.
- Burglar and fire alarm.
Life Insurance: These policies are designed to provide financial benefits to your loved ones in the event of death. Goosehead’s clients are able to access the life insurance offering through Gooshead’s Digital Agent platform and can purchase the coverage without a medical exam, according to the company.
Pros and Cons
Pros
- Many insurance options such as accident forgiveness, new car replacement, and twice-yearly driving safety insurance premiums.
- There are several discounts offers to drivers meant for the auto insurance policy
- Discounts will vary depending on which carrier is chosen and the on-site quote.
- Offer customizable coverage.
Cons
- Customer ratings are below average for property insurance claims satisfaction compared with other companies.
- They are not available in all states, not rated by J.D. Power.
- They have no online claims
Hippo Insurance Consumer Experience
Website: Hippo’s website can provide you with quotes easily. It also has articles
outlining the basics of homeowners insurance and how it works. The company
provides customer support via live chat, email, and telephone.
Claims: To file a claim, you can contact Hippo by phone or email. A representative will
walk you through the claims process, including booking temporary housing if
needed.
Awards and Recognition
It was ranked #1 on the Top Corporate Culture List of the 2018 Large Enterprises category of entrepreneurs.
The Top Corporate Culture List is a comprehensive ranking of companies based in the United States, with a high-performance culture, and created in collaboration with employee engagement platforms and service providers.
Companies were selected based on 24 factors across seven areas: alignment, effectiveness, connection, management, engagement, leadership and basics, including pay, benefits, and training, and were divided based on size: small, medium and large.
FAQs
Overall, yes! Goosehead has loyal customers and a wide range of products and services. Goosehead is a premium product with premium services. Goosehead is probably not your best choice if you are trying to get the best insurance policy possible.
Goosehead insurance is not a business opportunity for multi-level marketing (MLM) or Ponzi schemes. It does not have multiple layers of agents, mentors and trainers and is not suitable for agents who are primarily looking for staff.
Yes, Goosehead offers flexible payment plans.
You can contact Goosehead representatives via their toll-free line or their customer email and they will get back to you within 24 – 48 hours.
Conclusion
Goosehead Insurance is a great company that is committed to being a premier provider of choice for our customers.
They’re an excellent company because they give the customer many different types of policies to choose from. They offer pet insurance, auto insurance, boat insurance, and more.
There are a lot of things to consider, and that means you will have to do some research based on the particular type of insurance you want to buy.
Among the most important things, though, is how much you’ll need in the way of coverage. If you’re young and healthy, you may want to consider finding a plan with a low monthly premium. That might be good for your peace of mind.
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