While Otto is a legitimate company, it is not an insurance company. It is a lead-generation site that connects consumers with insurance agencies and carriers. The company says that it provides auto insurance rates along with quotes for pet, home, and life insurance. It is headquartered in Miami Beach, Florida.
The Otto Insurance website gets over 1.7 million visitors per month, according to Crunchbase. Because Otto Insurance isn’t an insurance company, it doesn’t have a financial strength rating from AM Best. It also doesn’t appear on J.D. Power’s rankings of auto insurance companies for the same reason. Nor does it have a current Better Business Bureau profile.
Who owns Otto Insurance?
There isn’t much information available regarding when Otto Insurance Group was founded. According to Crunchbase, the company’s owner and CEO are Joshua Keller. Keller’s LinkedIn profile shows that he is an entrepreneur responsible for establishing several companies, including Union Square Media Group, the parent company of Otto Insurance.
On the Otto Insurance website, the company claims to help you get car insurance rates in seconds for free. The company works with an extensive network of nationwide carriers, regional carriers, and individual agents to get you the best car insurance premiums available.
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