SelectMyPolicy Home Insurance Review

Rating: 8.2 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. 
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SelectMyPolicy is an insurance marketplace that customizes their homeowners insurance recommendations based on their answers to a few questions obtained via the company's website. Customers simply indicate their location and what kinds of insurance products they are interested in, and are then matched with insurers that are able to provide the appropriate coverage.

How is SelectMyPolicy rated?


Financial Strength
Customer Experience
Pricing & Discounts

Overall Rating: 8.2 / 10 (Excellent)

SelectMyPolicy is an internet-only insurance referral company that points people looking to purchase homeowners insurance towards insurers in their network. The company's website is simply presented, with very little information regarding how the policy/customer is matched, which insurers SelectMyPolicy works with, or how to contact SelectMyPolicy.

Financial Strength

Financial Strength - 9 / 10

SelectMyPolicy takes the data obtained from visitors regarding the location of their property and desired coverage , and then points them to different homeowners insurers. It claims to have hundreds of top insurance companies in their network of providers. However, these partners are not identified, which makes it difficult to determine their individual financial strength. Interested consumers may wish to do their own research on this issue through services such as Standard & Poor's, Moody's, and AM Best.

Customer Experience

Customer Experience - 8 / 10

SelectMyPolicy has no presence with the BBB or TrustPilot. Since it is not an insurer itself, national insurance regulators and trade groups do not keep tabs on the company. Consequently, there is very little to go on, in terms of determining how well the company is serving its customers. The lack of any substantial information on the company's own website is also discouraging.

SelectMyPolicy Coverage

Coverage - 9 / 10

Homeowners insurance is actually a collection of various coverages. The three major types are: coverage for structures, coverage for personal property, and coverage for liability. Beyond these, however, there is no information available regarding the levels or types of additional coverages offered by the companies recommended by SelectMyPolicy. Consumers should keep in mind that these additional coverages can vary widely in price and scope.
Basic Coverage Types
Dwelling Protection
Other Structures Protection
Personal Property Protection
Liability Protection
Additional Coverage
Scheduled Personal Property Coverage

Pricing & Discounts

Pricing & Discounts - 7 / 10

No information is available on how the insurers recommended by SelectMyPolicy price their homeowners insurance policies. Consumers should study any quotes they receive carefully and thoroughly, comparing them against quotes from other companies, in order to determine if the premiums are fair and reasonable.

Policy Discounts

  • Higher Deductible

Contact & Additional Information

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Our Partner
8.2 / 10
  • Simplified application process
  • Start receiving price quotes within an hour
  • Wide network of insurance providers to choose from
  • No service charge
  • No login required
  • 100% risk-free