Why Do Insurance-Companies Always Promise to "Save" You Money When They REALLY ~

When insurance companies claim this I think it is by average. The average number of people can save money with the insurance. Doesn't mean everyone. The average person probably has some accidents on their record or tickets. For me I am pretty sure it's impossible to find a lower rate because I've been with my company for such a long time. Every year they used to lower it, but it has stopped because it is at the minimum.

Insurance companies in my opinion would never spell it out for a member because if they did the member would hence further research another insurance for lower rates. It is not until one has the plan that one realizes what exactly they are getting. At first signing up one feels/assumes that they are covered from A to Z and not until much later that they actually need the coverage is when they find out they are not covered from perhaps L through Z. The only time an insured actually feels they have a savings is when they can obtain a plan that perhaps is cheaper then the one they have/had. Many times you can appear to have a savings to find later when you need the coverage that we are not as covered as we assumed/thought. This is where the hidden clauses/misunderstood coverage comes into reality. So your question in my opinion as to why don't insurance companies promise to "Save" us money?; I can answer with, because if they did we would not keep them in business. lol

I don't understand what you mean by this. My car insurance company is saving me tons of money, I save over $2k a year in premiums because they're the lowest cost provider that I've ever been with. The last company I was with, it cost me more with an older vehicle, living father away from downtown, than this one, which I am amazed. As for life insurance or medical insurance, I haven't had to deal with any of that, but I know they do save money for most people.

Why don't they REALLY spell it out and say, "We're not going to SCREW you as much as the other companies do, at least not with our premiums!"? Gee, can you tell I'm not a big fan of insurance companies...lol? They're among the biggest crooks in the world, right up there with oil companies and Wall Street. Actually, some of them are part of Wall Street. Annie

The answer is simple if you write articles for the internet. It's just a marketing tool use by everyone in the business arena. No one really saves you money it's just a ploy to get you to buy their product or service.

Insurance companies are out there to get your business in any ways that they can. The more alluring and tempting they make their promises to you, the more mone then can go into their pockets. It might sound like they are trying to do you a favor, but in the end it is still their own profits that they seek.

The answer is insurance companies are out for the cash. They dont care what information they give you as long as they can get you to sign up with them. I wish we didnt have to deal with them but sadly its a part of life. I dream of a day without them lol but until then I shall fork out the money for the service. take care, oscar6