If the auto insurance companies quit advertising, would this really save the driver money?

I sincerely doubt it. Why would these companies have any interest in passing on that savings to customers? I also doubt they will ever stop advertising, given the intense competition.

Apparently this is not the case for every state, but here in Missouri I just saw my very first AAA Car insurance commercial ever. Haven’t seen it since and it’s been a month.

I was a thirty year customer with AllState. Never a claim. Never a missed payment. I asked if they could find a way to lower my rate. They said no.

I checked rates for everyone and they came up about the same. Not worth switching and starting a new relationship with a new agent. Then a friend told me about his experience with AAA.

I checked with them and they lowered my rate to less than half of what I paid with AllState. Less than half with a better policy.

I called AllState to review and they still couldn’t lower my rate by one little penny. I cancelled and they hassled me for a week, refusing to cancel unless I proved to them that I had surrendered my keys and no longer owned the car. I said WHA????

Threatening to call the Attorney General got them to see things more clearly. I’ve been very pleased with AAA so far, and even get a great travel magazine every month with the policy.

My suggestion would be to find an independent insurance agent in your area that can shop your insurance with many different companies at one time. It is almost always best to stay with one company for longer periods of time. Most companies offer better rates the longer you have been with them. Many factors go into the rates, and each company puts weight on the factors differently. Driving history, age of drivers, education, credit and even your job can play into your rate. So the best company for your neighbor may not be the best company for you. Like every other product out there advertising expense will be absorbed in the price of the item sold; in this case the policy.

There’s a reason why Warren Buffet invested heavily in insurance. It’s like the opposite of betting against the house in gambling. If your statistics are good, it’s a money flow machine.

Insurance companies are not about saving you money.
They are about making money. Marketing does that.
Hopefully YOUR money gives you piece of mind.

Anything else is a gimmick.