The Real Truth About Car Insurance

Do you know who pays for all those auto insurance commercials you see on TV?

Here’s a big surprise, it’s you! Part of your monthly premium goes to pay for advertising on TV, billboards, magazines, and the internet.

Now here is the unbelievable part: Guess how much money is spent on auto insurance advertising every year? How about $6 Billion Dollars! That’s $500,000,000 every month being spent on talking geckos and expensive celebrity endorsements!

That’s a lot of money you could be saving instead of paying your insurance company.

How Much does all this Advertising Cost You?

Car InsuranceIf you’re with All State, almost 4% goes to advertising.
If you’re with Progressive, It’s 3.6%.
If you’re with Geico, a whopping 6.7% of your premium goes to advertising.

That means an average Geico customer, paying $1200 per year, could be saving $80 if they didn’t advertise so much. That’s just about a free month of insurance!

So What’s Better – Big Companies that Advertise or Small Companies that Don’t?

With all this money being spent on advertising, does this mean that all the big insurance companies are the most expensive?

Yes and no.

It really depends on your car, your driving record, where you live, and a bunch of other factors. Sometimes going with a big company really is the best option. But a lot of the time, going with a lesser-known company can really help you save!

Getting rates from one company is hard enough. Getting rates from two, three, four or more companies can be a nightmare. How many accounts will you have to create, how many people will you need to talk to and how do you know you are truly getting the lowest rates? It could take you hours, if not days.

Make Comparison Shopping Easy

So what do you do when you want to compare rates from a bunch of auto insurance companies at once? Thankfully, there’s the internet!

Provide Savings is a free online tool that compares car insurance quotes from many companies – both the big ones that advertise and the small ones that don’t. It’s simple – you only fill out your information once to get quotes from premium auto insurance providers looking for good drivers. And the beauty of Provide Savings is that they have created a marketplace where insurance providers are actually competing for your business – so you know you are comparing the best possible rates.

If you’re not comparing rates every 6 months, then there’s a pretty good chance you’re currently overpaying. Paying more than you have to doesn’t give you any more coverage or special treatment. It’s just money out of your pocket to pay for more advertising.

Click here to get started. See how much you could really save!

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