There are many people out there that are simply fed up with insurance companies and the insurance market in general. Many people have been subjected to frustrating claims processes, opting to get in touch with lawyers in order to get decent settlements. Some car insurance companies aren’t known for their customer service, and then you have the simple fact that the market is all about companies vying for the label that they provide the cheapest auto insurance.
There are certainly companies that don’t claim to be the cheapest, but they are still trying to tell consumers that they can save them money. It’s all about carefully worded advertising, and the fact remains that customers just don’t have a lot of trust in auto insurance companies to begin with. That’s why all of them are taking advantage of every opportunity to let consumers know that they can provide them with the cheapest policy.
It might be a policy that’s worth about as much as outhouse wallpaper, but it’s still going to save them money. They might not save money when filing a claim, but there is instant gratification involved. Maybe you’ll never file a claim, and perhaps all that money saved each month is going to really be put to use. Who knows, which is why it can be such a gamble.
There almost isn’t much you can do about it, however, as it’s just the way the market is being driven. Everyone wants the cheapest car insurance, and so the companies are finding ways to make it happen. There are still differences between the companies, but you’re going to have to grab a magnifying glass in many cases. As mentioned, they are all after the same objective for the most part, which means at least your policy is going to be cheap.