How Allstate’s auto insurance algorithm squeezes big spenders

Re:How Allstate’s auto insurance algorithm squeezes big spen... by toomuchtodo on Tuesday February 25, 2020 @11:17AM (#22414372)

I want a product like policygenius.com, but instead of life insurance they have my entire insurance portfolio (auto, home, renters, umbrella, personal property) and constantly price shop for me automatically as a broker between me and every major insurer. I would also like such a product to be structured so that they can never be bought by Intuit or another incumbent, preferably in some sort of employee owned coop mutual company model (if Vanguard and USAA had an insurance broker child with a tech first demeanor).

Sidenote: I’ve been with State Farm for over 20 years, and my rates have only gone down.

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Re:How Allstate’s auto insurance algorithm squeezes big spen... by chrisplotz on Tuesday February 25, 2020 @06:17PM (#22418593)

I have a lot of sympathy for this feeling - I am a USAA member, but through family, nothing I did. I feel fortunate that I qualify. My cofounder and I are trying to build a company a lot like you describe to bring "USAA style" to more people. We just did our launch HN last week (Goodcover). It's renters only right now so won't do exactly what you describe, but just wanted to say I totally get where you're coming from.

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Re:How Allstate’s auto insurance algorithm squeezes big spen... by fignews on Tuesday February 25, 2020 @04:55PM (#22417900)

A few months ago I switched insurance. I did some shopping with getjerry.com was very slick, didn’t end up going through them though because of large savings when going directly through the insurance company. Will try them again one year in the future. Saved $1.5K/yr

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