Has anyone else noticed how the auto insurors are competing for business lately? Many prime time ads for Nationwide, Allstate, Geico, 21st Century, The General, Progressive.
Not long ago, it seems, there was an "auto insurance crisis" (and such still exists in certain areas, like Philadelphia). Are these companies competing for the safe drivers to offset their high risks? Nationwide is also talking about accident forgiveness (where one accident does not result in a premium increase).
I just priced auto insurance. No accidents or violations on my record for over 10 years, and no matter who I called they were within a few dollars of each other. Didn't make any sense for me to change. So maybe they're not competing for the "safe" drivers, but giving discounts to those who have high premiums due to teenage drivers or multi-cars or higher risk?