EverQuote
Insurance marketplace selling consumer leads to carriers and agents.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- EverQuote, Inc.
- Entity type
- COMPANY
- Founded
- 2011
- Headquarters
- 210 BROADWAY CAMBRIDGE MA 02139
- Company size
- 201–500
- Market role
- Retailer & Marketplace
- Ticker
- EVER
- Official website
- everquote.com
What EverQuote does
EverQuote operates a two-sided insurance demand marketplace. On one side, it attracts consumers with free quote-comparison tools and matching flows. On the other, it sells those high-intent consumer referrals to insurance carriers, agents and brokers through lead marketplace mechanics. Value is created by converting consumer shopping intent into monetisable lead inventory, then increasing lead value through segmentation, routing, exclusivity options and managed follow-up services.
Category differentiation
EverQuote is not an insurance carrier underwriting policies; it is a marketplace and lead-generation platform for insurance shopping. It is closer to Insurify, The Zebra and LendingTree than to insurers themselves.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
EverQuote is a US-based public company that operates an online insurance marketplace connecting consumers seeking quotes with insurance carriers, agents and brokers. Consumers use the platform free of charge to compare insurance options, while EverQuote monetises the resulting demand by selling qualified consumer referrals and leads to insurance providers. The business spans consumer quote-comparison experiences for products such as auto, home and renters insurance, alongside a business-facing lead marketplace and related conversion support services. Its core customers are insurance carriers, agencies, brokers and agents that pay for access to high-intent shoppers. EverQuote makes money primarily from performance-based lead sales, including exclusive and shared lead models, and supplements this with value-added managed services such as lead outreach and qualification. Acquisitions in health insurance and policy-service capabilities indicate a strategy to broaden insurance categories and deepen participation beyond simple lead generation.
Company news briefing
Briefing updated:
Following its second-quarter 2026 results, EverQuote has intensified its focus on serving as an AI-powered growth partner for the P&C insurance industry. Through recent investor engagements, management is highlighting how its proprietary data assets and AI traffic engine drive customer acquisition for carriers and agents. These updates build on earlier material disclosures, reinforcing the company’s commitment to digital transformation and the ongoing optimisation of its performance marketing operations within the digital insurance marketplace.
Business model & monetisation
EverQuote primarily uses a performance-based lead generation model. Insurance providers pay for qualified consumer referrals generated through the marketplace, typically on a per-lead basis. Pricing varies by lead type, with exclusive leads sold at a premium and shared leads sold at lower unit pricing. Additional monetisation comes from managed services such as Lead Connection Service, where customers pay for outsourced outreach and lead qualification, and from adjacent platform or service offerings added through acquisitions.
- Consumer referral and lead sales to insurance providers
- Performance-based lead marketplace
- Exclusive leads
- Per-lead premium pricing
- Shared leads
- Per-lead volume pricing
- Managed lead outreach and qualification services
- Service fee / managed service
- Platform or policy-service capabilities from acquisitions
- Software/service monetisation
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Service
Media Channel
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Investor Presentation Released: EverQuote
financials · Recorded impact score: 4/5
AI parsed presentation narrative: Management is actively engaging with investors across multiple industry-focused conferences to highlight EverQuote's role as a leading AI-powered growth partner for the P&C insurance industry. The company aims to demonstrate how its proprietary data assets and AI traffic engine drive customer acquisition for carriers and agents. Key tailwinds mentioned: AI-Powered Customer Acquisition, Digital Transformation in P&C Insurance.
10-Q Financial Filing Analysis for EverQuote (2026-08-04)
financials · Recorded impact score: 3.7/5
EverQuote, Inc. reported solid financial results for the second quarter ended June 30, 2026, with total revenue rising 24.6% year-over-year to $195.1 million, driven by strong auto carrier demand and referral spend. Operating income reached $23.5 million compared to $14.2 million in Q2 2025, and net income increased to $19.2 million ($0.53 diluted EPS). Adjusted EBITDA expanded 37.1% year-over-year to $30.1 million, while Variable Marketing Margin (VMM) remained healthy at 29.2%. During the quarter, EverQuote completed its $50.0 million share repurchase program, repurchasing an additional 578,322 shares of Class A common stock for $9.1 million. The company's liquidity remains strong, with $192.3 million in cash and cash equivalents and zero debt outstanding under its $60.0 million revolving credit facility. The performance reflects continuing recovery and operational leverage in property and casualty direct distribution channels.
- Q2 2026 total revenue increased 24.6% YoY to $195.1 million, with Automotive vertical revenue up 23.3% to $172.1 million and Home & Renters revenue up 35.2% to $23.0 million.
- Net income for the quarter reached $19.2 million ($0.53 diluted EPS), with Adjusted EBITDA growing 37.1% to $30.1 million and cash flow from operations generating $53.9 million for the first half of 2026.
EverQuote to Announce Second Quarter 2026 Financial Results on August 3, 2026
Recorded impact score: 3/5
EverQuote to Announce Second Quarter 2026 Financial Results on August 3, 2026
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Questions about EverQuote
What is EverQuote?
EverQuote is an online insurance marketplace that helps consumers compare quotes and connects them with insurers, agents and brokers.
Who uses EverQuote?
Consumers use it to shop for insurance, while carriers, agencies, brokers and agents use it to buy qualified leads and related services.
How does EverQuote make money?
It makes money mainly by selling consumer referrals and leads to insurance providers, plus charging for value-added lead qualification services.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
22 publicly documented primary sources and citations linked across the market graph.
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