Auto insurance companies spend billions of dollars per year on advertising to convince you to switch to them either because they are the cheapest, or because they are the "best" (whatever that means in auto insurance).
The truth is most brokers, and even multi-quote companies (like progressive) that give you more than one option are really trying to push to one of the 4 major companies
But all of those big companies all do the same thing:
- Use agents (that they pay commissions to)
- Spend massive amounts of money on ads
- Sponsor everything under the sun to get their name out there
And guess who pays for all that?
They have to get that money somewhere, so they charge their customers more than they have to.
Most People Don't Know There Are Actually Small Insurance Companies That Don't Do Any of That
You can find them at SelectMyPolicy.
These companies are able to charge you less, because they don't have the same costs.
SelectMyPolicy takes less than 60 seconds to show you rates from large and small insurance companies.
Sometimes the large companies have the best rates, but a lot of times it's the little guys.
And - they actually have better coverage and payouts if you do get in an accident.
Take 60 seconds right now to see how much extra money your insurance company is taking out of your pocket each month:
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Company is Taking Out of Your Pocket Each Month: