HoneyQuote
HoneyQuote is a Florida-focused digital insurance marketplace that lets consumers compare quotes from 20+ carriers and purchase homeowners, flood, condo, mobile home, pet, and other personal-lines policies online in approximately 23 seconds.
- Company typePrivate
- Founded2021
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
HoneyQuote firmographics
Firmographics- Name
- HoneyQuote
- Legal name
- HoneyQuote, LLC
- Website
- https://honeyquote.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HoneyQuote is a Florida-focused digital insurance marketplace that lets consumers compare quotes from 20+ carriers and purchase homeowners, flood, condo, mobile home, pet, and other personal-lines policies online in approximately 23 seconds.
- Ownership category
- akta.pro rank
HoneyQuote industry classification
Industry- Product category
- Insurance Marketplace
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242)
- akta.pro primary industry
- Habitational / Residential Property Managers BOP (FSAJAFAN)
Keywords
Where HoneyQuote is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
HoneyQuote business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Insurance Carrier Commissions: HoneyQuote earns commissions from insurance carriers for policies sold through their platform. The service is free for consumers - they do not charge any fees for getting quotes or purchasing policies through the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Consumer Platform - Free |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
HoneyQuote product offering
Product offeringCore offering
HoneyQuote operates a Florida-focused digital insurance marketplace where consumers can compare and purchase insurance quotes from 20+ carriers in seconds across homeowners, flood, condo, mobile home, landlord, renters, pet, life, umbrella, and auto insurance. The platform is free for consumers and monetizes through carrier commissions, supported by licensed in-house agents and proprietary tools including the 365 Rate Buzzer™ rate monitoring service and MyHive™ policy management portal.
Product overview
HoneyQuote is a Florida-focused insurance marketplace platform offering an integrated portfolio of insurance products through both self-service digital quoting and licensed agent assistance. The core offering includes property insurance products (Homeowners, Flood, Condo, Mobile Home) as well as additional coverage types (Landlord, Renters, Life, Umbrella, Car, Pet). The platform differentiates through its 365 Rate Buzzer automated monitoring feature and MyHive account management portal. Users can compare quotes from 20+ Florida insurance carriers and manage their policies entirely online. The company also provides educational tools like a Flood Zone Checker to help users understand their flood risk.
Differentiator
Problem solved
Functional benefit
Brands
- 365 Rate Buzzer™: A proprietary rate monitoring service that continuously shops for better insurance quotes and alerts policyholders when a sweeter deal is available.
- MyHive™
Products and services
- Homeowners Insurance Homeowners insurance policy that repays to repair or rebuild homes and replace personal property due to covered losses including windstorm, hurricane, fire, or theft, targeted at Florida homeowners shopping across 20+ carriers.
- Flood Insurance Separate flood insurance policy that covers damage from flooding, storm surges, and water intrusion, with options including private flood carriers such as Neptune Flood offering up to $4 million in building coverage compared to NFIP's $250,000 limit.
- Condo Insurance Insurance coverage for condominium unit owners protecting the structure of the unit and personal belongings, available via the HoneyQuote comparison platform.
- Mobile Home Insurance Specialized insurance coverage for mobile homes and manufactured housing, available through HoneyQuote's carrier network.
- Pet Insurance Insurance coverage for pets that provides protection for veterinary expenses and related costs, available through the HoneyQuote platform.
- Landlord Insurance Insurance coverage for property owners who rent out their properties, available through HoneyQuote's licensed agents and carrier network.
- Renters Insurance Insurance coverage for renters to protect their personal belongings and liability, available through HoneyQuote's licensed agents.
- Life Insurance Life insurance products for Florida residents, available through HoneyQuote's licensed agents.
- Umbrella Insurance Excess liability insurance that provides additional coverage beyond standard policy limits, available through HoneyQuote's licensed agents.
- Car Insurance Auto insurance coverage available through HoneyQuote's licensed agents.
Quantifiable outcome
- Get quotes in 23 seconds
- +2 more outcomes
Companies that use HoneyQuote
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
HoneyQuote technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
HoneyQuote partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- PennyMaccoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- US BankcoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- UWM (United Wholesale Mortgage)coreMajor wholesale mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- Freedom MortgagecoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- Rocket MortgagecoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- Mr. CoopercoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- Bank of AmericacoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- Caliber Home LoanscoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
- JP Morgan ChasecoreMajor mortgage lender that accepts HoneyQuote insurance policies, enabling seamless integration of home insurance with mortgage payments for customers of this lender.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
HoneyQuote competitors and assessment
Company assessmentDirect peers
- SmartFinancial: Insurance quote comparison platform aggregating multiple carriers. Comparable as a digital insurance agency connecting consumers to carrier quotes across home and auto lines.
- CoverHound: Online insurance marketplace for personal and commercial lines. Comparable as a multi-carrier comparison platform targeting consumer and small business insurance shoppers.
- Hippo Insurance: Homeowners-focused insurtech providing digital quotes and policy management. Directly comparable as a tech-enabled home insurance platform targeting modern homeowners with streamlined UX.
- Insurify: AI-powered insurance comparison platform providing multi-carrier quotes. Comparable as a digital-first insurance shopping platform competing for the same comparison-intent consumer.
- Lemonade: Multi-line digital insurance carrier with AI-driven quoting and claims. Comparable as a digitally native insurance brand selling directly to consumers with similar speed-of-quote emphasis.
- Policygenius: Digital insurance marketplace comparing quotes across multiple lines (life, home, auto, disability). Most comparable as a multi-line insurance aggregator serving consumers with similar carrier-comparison model.
- The Zebra: Insurance comparison marketplace across home, auto, and other lines. Closely comparable as a consumer-facing insurance aggregator that competes on quote-comparison breadth and SEO.
- Bankrate Insurance: Insurance comparison vertical of Bankrate, providing multi-carrier quotes. Comparable as a content-and-comparison-driven insurance marketplace competing for the same organic search audience.
Broad incumbents
- Progressive: Large direct-to-consumer insurance carrier and HoneyQuote platform partner. Comparable as a dominant insurance brand competing for the same homeowners and auto customers via direct digital channels.
- GEICO: Major direct-to-consumer insurance carrier and existing HoneyQuote platform partner. Competes with HoneyQuote for direct policy sales while also supplying quotes — represents both partnership and disintermediation risk.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
HoneyQuote social profiles
Digital presenceHoneyQuote financial estimates
Financial estimateRevenue estimate
Valuation estimate
HoneyQuote leadership team
Management profileNumber of profiles
Profiles2 records
HoneyQuote funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HoneyQuote M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HoneyQuote
What does HoneyQuote do?
HoneyQuote operates a Florida-focused digital insurance marketplace where consumers can compare and purchase insurance quotes from 20+ carriers in seconds across homeowners, flood, condo, mobile home, landlord, renters, pet, life, umbrella, and auto insurance. The platform is free for consumers and monetizes through carrier commissions, supported by licensed in-house agents and proprietary tools including the 365 Rate Buzzer™ rate monitoring service and MyHive™ policy management portal.
Is HoneyQuote a public or private company?
HoneyQuote is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HoneyQuote founded?
HoneyQuote was founded in 2021. It employs 11 to 50 people.
Where is HoneyQuote based?
HoneyQuote is headquartered in Miami, United States, in the North America region.
How does HoneyQuote make money?
One revenue line is on record: insurance Carrier Commissions.
Who are HoneyQuote's main competitors?
Direct peers on record are SmartFinancial, CoverHound, Hippo Insurance, Insurify, Lemonade, Policygenius, The Zebra and Bankrate Insurance. Broad incumbents are Progressive and GEICO.
Does HoneyQuote have an API?
No public API is recorded for HoneyQuote.
What industry is HoneyQuote in?
HoneyQuote's product category is Insurance Marketplace. Its primary akta.pro industry code is FSAJAFAN, Habitational / Residential Property Managers BOP. Its NAICS code is 5242.