this post was submitted on 31 Jan 2024
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cross-posted from: https://slrpnk.net/post/6302705

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[–] poayjay@lemmy.today 39 points 11 months ago (3 children)

I always wondered what if someone started an insurance business that didn’t spend billions on advertisements, it just offered genuinely lower rates. When you sign up you have to sign something promising you’ll tell 2 other people.

[–] c0mbatbag3l@lemmy.world 38 points 11 months ago

"We can't lower prices! Look at how much we have to spend!!"

Points at billions in ad slots being watched by mostly AI now

[–] abysmalpoptart@lemmy.world 8 points 11 months ago

There are plenty of insurance companies that are like this. They're significantly cheaper than the nationally advertised insurance options.

[–] gravitas_deficiency@sh.itjust.works 3 points 11 months ago (1 children)

The Market Basket of insurance companies - solid, quality products, at a reasonable price, because they simply don’t do any marketing.

[–] nilloc@discuss.tchncs.de 2 points 11 months ago

Massachusetts (funny enough also where MB is popular) used to have only small car insurance companies, I think it had something to do with no-fault or something. But they opened up to the Geicos and co. A decade or so ago.