How Allstate’s auto insurance algorithm squeezes big spenders

Re:How Allstate’s auto insurance algorithm squeezes big spen... by rexf on Tuesday February 25, 2020 @02:26PM (#22416405)

Shopping for auto insurance has been completely useless for me. When I compared across multiple insurance companies, I was able to pick the "lowest cost" provider. However, when I went to sign up, the price offered was completely different from what I saw shopping on their website.

Also, I recently tried to compare my current auto policy with a different insurance provider. The new insurance agent told me my rates would go up with them, so I obviously declined to change my auto insurance.

I understand that periodically shopping for better rates is the logical thing to do, but in my auto insurance shopping experience, the numbers all seem arbitrary so shopping is not useful.

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Re:How Allstate’s auto insurance algorithm squeezes big spen... by Marsymars on Tuesday February 25, 2020 @02:38PM (#22416545)

> However, when I went to sign up, the price offered was completely different from what I saw shopping on their website.

In my experience, the websites use an entirely different algorithm than whatever phone agents have access to.

I don't bother going through insurance websites' lead generation workflows, I just call a handful and get quotes on the phone from them.

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