Is Insurance Panda a good car insurance company?

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Asked May 18, 2016

1 Answer


James Shaffer and Steffen Herringhaus, two long-time veterans of the insurance industry, realized there was a need for an easy to use quoting tool and teamed up to create InsurancePanda.com in 2012. Based in New York City, Insurance Panda is an online insurance broker that provides quotes from a variety of reputable insurers. According to their website, consumers can receive quotes from State Farm, Progressive, Nationwide, Esurance, and Allstate, just to name a few.

Coverage Options

As you complete the necessary forms to receive your quotes, you will be given four coverage options. The levels range from the state's minimum requirement for liability up to a much higher coverage tier. Although Insurance Panda is geared towards auto insurance, customers also have the option to request quotes for a full range of products including homeowner's, renters, business, annuity, health, and life insurance. After entering your information for the auto quote, complete each form until you reach a page that displays options for other types of coverage. It may be necessary to enter additional information if you choose to receive a quote for property insurance.

Customer Satisfaction

The majority of Facebook reviews for Insurance Panda seem to be positive. Their current rating is 4.2 stars out of 111 reviews. Most commenters report that their experience with the insurance broker was quick, easy, and helpful in finding a new or better insurance premium.

States Serviced by Panda Insurance

Coverage is currently available for residents of all fifty US states. In addition to providing quotes for customers anywhere in the USA, Insurance Panda also provides statistics on insurance premiums for each state. To learn about the statistics and average insurance costs for your state, click on the State Guide tab and select your state from the list or map.

Overall Summary

As a relatively new quote comparison tool, there is not a great deal of online reviews about Insurance Panda to give interested customers an idea of what to expect. However, of the positive reviews on Facebook, one can conclude that using Insurance Panda will be simple to use and very likely to return a favorable quote. Most negative reviews complained about receiving too many quotes from multiple insurers.

Answered May 18, 2016 by twood

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