What are perks and other benefits like at EverQuote?

Good benefits and good structure

Frequent team changes during transitory period

None. Cero. Zilch. Nada. Zero

Before Everquote acquired our company, we enjoyed nine years of remarkable success as an independent insurance agency. Conversely, Everquote had carved out its niche as a leading provider of insurance leads, fueling the marketplace with a steady stream of prospects. It seemed like a harmonious convergence where supply met demand seamlessly. In mid-2021, rumblings among our leadership hinted at a potential acquisition by Everquote. Soon after, a wave of new faces from Everquote flooded our once humble offices, brimming with promises and stories. Looking back, none of their leadership had the relevant experience to deliver on their ambitious pledges. Our pre-acquisition leadership was seasoned, resilient, and adept at navigating the complexities of insurance-as-a-service, even amidst the disruptive landscape of COVID-19. While many businesses faltered, we not only maintained our revenue but grew it, attracting and retaining top talent throughout the pandemic's uncertainties. Despite our track record, the prospect of Everquote acquiring us presented our founders, executives, and dedicated leadership team with a lucrative exit opportunity after nine years of painstaking growth. However, it soon became evident that it wasn't our company that needed Everquote to sustain our trajectory; rather, it was their company that sought to capitalize on our success to bolster their own. When the news of the acquisition broke to our loyal team of over 100 employees, there was an initial aura of optimism that our combined forces would forge a prosperous future together. However, the initial optimism quickly soured during our first collective meeting as one company, led by Everquote's Head of People Operations via Zoom. The bombshell announcement that fully-subsidized employee benefits would no longer be honored left many reeling, especially those who had joined Everquote for these very benefits. Coincidentally, this same head of People Ops would soon depart for maternity leave, only to announce a swift departure to another company entirely, in hindsight should have hinted at turbulent times ahead where we faced unprecedented headwinds. Meanwhile, our acquired leadership team secured lucrative packages in anticipation of the merger's success, ensuring some protection if their tenure with Everquote proved short-lived. In hindsight, those with lucrative agreements found themselves targeted, leading to a swift exodus of our experienced leadership team. The company that once prided itself on talent retention during acquisitions now seemed bent on shedding valuable expertise from our property and casualty (P&C) team. Their promise of leadership stock benefits "maxing out" after three years hinged on performance targets, yet many saw their benefits devalued as Everquote's stock plummeted. Nearly three years post-acquisition, not a single leader offered these benefits in 2021 remains with the company. The exodus of our original leadership began almost immediately after the ink dried on the merger agreement. Some departed voluntarily, but many were pushed out against their wishes. By then, any remaining termination benefits had dwindled to near insignificance, a bitter irony for those who had once been instrumental in our success. Today, Everquote's acquisition has left them with nothing of value. They have shuttered their direct-to-consumer P&C and health insurance agencies, showcasing a stark contrast to their initial ambitions. Their current website features executives like Garrett Kitch and Eric Terada, whose titles elsewhere might be non-existent or completely made-up, reflecting the mismanagement that drove their acquisitions into the ground. For anyone seeking a stable career in insurance, I urge you to consider alternatives. Everquote's (modestly stated) $50 million loss from our failed acquisition underscores the perils of blind ambition and inept leadership. Just under three years later, almost none of the one hundred employees they acquired still work for, or have good things to say about the company they were bought out by. Until the executive team runs this company into bankruptcy and makes Seth Birnbaum turn over in his grave, seek employment elsewhere.

- Lifestyle allowance - Decent Days off

- Salary not as competitive as before. Our bonus made it worth it but now upper management is destroying that. People with less experience being given more money - Upper management continuing to takeaway benefits without giving anything back while upping expectations

Good benefits and looked after well

not much career progress on for non engineers

Good benefits Work from home

Micromanagement They laid off all P&C agents

None. Cero. Zilch. Nada. Zero

Before Everquote acquired our company, we enjoyed nine years of remarkable success as an independent insurance agency. Conversely, Everquote had carved out its niche as a leading provider of insurance leads, fueling the marketplace with a steady stream of prospects. It seemed like a harmonious convergence where supply met demand seamlessly. In mid-2021, rumblings among our leadership hinted at a potential acquisition by Everquote. Soon after, a wave of new faces from Everquote flooded our once humble offices, brimming with promises and stories. Looking back, none of their leadership had the relevant experience to deliver on their ambitious pledges. Our pre-acquisition leadership was seasoned, resilient, and adept at navigating the complexities of insurance-as-a-service, even amidst the disruptive landscape of COVID-19. While many businesses faltered, we not only maintained our revenue but grew it, attracting and retaining top talent throughout the pandemic's uncertainties. Despite our track record, the prospect of Everquote acquiring us presented our founders, executives, and dedicated leadership team with a lucrative exit opportunity after nine years of painstaking growth. However, it soon became evident that it wasn't our company that needed Everquote to sustain our trajectory; rather, it was their company that sought to capitalize on our success to bolster their own. When the news of the acquisition broke to our loyal team of over 100 employees, there was an initial aura of optimism that our combined forces would forge a prosperous future together. However, the initial optimism quickly soured during our first collective meeting as one company, led by Everquote's Head of People Operations via Zoom. The bombshell announcement that fully-subsidized employee benefits would no longer be honored left many reeling, especially those who had joined Everquote for these very benefits. Coincidentally, this same head of People Ops would soon depart for maternity leave, only to announce a swift departure to another company entirely, in hindsight should have hinted at turbulent times ahead where we faced unprecedented headwinds. Meanwhile, our acquired leadership team secured lucrative packages in anticipation of the merger's success, ensuring some protection if their tenure with Everquote proved short-lived. In hindsight, those with lucrative agreements found themselves targeted, leading to a swift exodus of our experienced leadership team. The company that once prided itself on talent retention during acquisitions now seemed bent on shedding valuable expertise from our property and casualty (P&C) team. Their promise of leadership stock benefits "maxing out" after three years hinged on performance targets, yet many saw their benefits devalued as Everquote's stock plummeted. Nearly three years post-acquisition, not a single leader offered these benefits in 2021 remains with the company. The exodus of our original leadership began almost immediately after the ink dried on the merger agreement. Some departed voluntarily, but many were pushed out against their wishes. By then, any remaining termination benefits had dwindled to near insignificance, a bitter irony for those who had once been instrumental in our success. Today, Everquote's acquisition has left them with nothing of value. They have shuttered their direct-to-consumer P&C and health insurance agencies, showcasing a stark contrast to their initial ambitions. Their current website features executives like Garrett Kitch and Eric Terada, whose titles elsewhere might be non-existent or completely made-up, reflecting the mismanagement that drove their acquisitions into the ground. For anyone seeking a stable career in insurance, I urge you to consider alternatives. Everquote's (modestly stated) $50 million loss from our failed acquisition underscores the perils of blind ambition and inept leadership. Just under three years later, almost none of the one hundred employees they acquired still work for, or have good things to say about the company they were bought out by. Until the executive team runs this company into bankruptcy and makes Seth Birnbaum turn over in his grave, seek employment elsewhere.

Good pay/ commission Outstanding benefits especially medical Good life/ work balance Decent culture

Blindsided half the department with a mass layoff after they had just said in the prior meeting that they had a great quarter.

Many of the people you work with are intelligent, compassionate, and want to change a massive industry for the better. Some roles have great work/life balance, others… not so much. Benefits are not bad (again, depending on your role). The company does have a commitment to DEI, although delivering on it has been challenging (most female leadership positions have been eliminated). However, their People Operations team understands the importance at the very least, which is comparatively good. EQs POPs team is genuinely the best part of the company.

Your mileage may vary greatly depending on your role. If you will work within the insurance agency, it’s an alright position to get experience and then move on. It’s a cold call grind, well under market for compensation, and a very unstable business unit that has shrunk to less than 1/10th of its size since its creation. Senior leadership didn’t understand (and still don’t) how to scale a business at this level, and a lot of people have paid the price. If you’ll be an engineer, particularly in Belfast, you may find it rewarding. Very intelligent peers, and great experience in the process. However, still unstable. EverQuote has laid off at least some employees nearly every quarter since Q3 2022. Some were large (Q2 2023), some were low-key, but you’d now be hard-pressed to find an EQ employee that has worked there any longer than 2 years. EverQuote is a small-cap company. There has not been and likely will not be a long-term vision. Each quarter is tunnel vision for the next earnings call, which would be excusable if it brought results. It hasn’t.

Remote, good benefits at first but they got worse over time

Constant harassment from management, managers listened in on sales calls and would start talking in your ear.