Save $150 or save $600 which is better

Believe it or not saving $150 is, more times than not, better.   Yesterday I had a morning and an afternoon appointment. In the morning the person saved $600 by improving her auto and home coverage and switching companies.  In the afternoon a different woman was  ready to save $150 by making a similar switch.  So is one better?

Yes, I much prefer the $150.  I was able to improve coverage and lower this persons rate as well.  The difference here is her rate was really pretty competitive which I much prefer to see.  So despite all the commercials, letters and other advertisements bragging about saving $480 or more this just means you did not switch your insurance soon enough and likely missed a change in rates.  So in summary, review your policies every year to avoid a large shift.

Ignore the insurance commercials

Happily I managed to watch a fair amount of football over the last 4 days or so.  Sadly I was inundated with silly commercial after commercial from a handful of insurance companies.  Here are these huge companies with a massive audience, that they temporarily bought, yet they can only pander to your need for humor and entertainment.

As much as I appreciate Mr. Mayhem from a marketing perspective none of it is backed up by facts.  Stop saying “…this might not be covered.”  Most of the situations you present are very basic occurences and this is a futile attempt at creating fear.  At least put something in the fine print.