<story><title>How Allstate’s auto insurance algorithm squeezes big spenders</title><url>https://themarkup.org/allstates-algorithm/2020/02/25/car-insurance-suckers-list</url></story><parent_chain><item><author>exhilaration</author><text>The best thing you can do is shop for auto insurance every year or two.  The longer you stay with a particular company the more likely they are to very slowly and carefully hit you with small rate increases until you&amp;#x27;re paying far more than their competitors will charge you.  Insurance companies understand and exploit consumer behavior better than even the best marketers.</text></item></parent_chain><comment><author>RHSeeger</author><text>I have USAA and can&amp;#x27;t say enough good things about them. Whenever I call them, they&amp;#x27;re there to walk through whatever I need with me. The first thing they ask is if everyone is ok; it&amp;#x27;s trivial, but means something. In general, their rates are really good; it used to be that, when other companies called, you could tell them you have USAA and they&amp;#x27;re acknowledge they can&amp;#x27;t match the rates and hang up.&lt;p&gt;Admittedly, not everyone has access to USAA but, if you do, I highly recommend them.&lt;p&gt;Noting this because I&amp;#x27;ve been using them for insurance for decades with no intention of switching.</text></comment>
<story><title>How Allstate’s auto insurance algorithm squeezes big spenders</title><url>https://themarkup.org/allstates-algorithm/2020/02/25/car-insurance-suckers-list</url></story><parent_chain><item><author>exhilaration</author><text>The best thing you can do is shop for auto insurance every year or two.  The longer you stay with a particular company the more likely they are to very slowly and carefully hit you with small rate increases until you&amp;#x27;re paying far more than their competitors will charge you.  Insurance companies understand and exploit consumer behavior better than even the best marketers.</text></item></parent_chain><comment><author>toomuchtodo</author><text>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).&lt;p&gt;Sidenote: I’ve been with State Farm for over 20 years, and my rates have only gone down.</text></comment>