
Are these ads claiming $30 per month for full coverage auto insurance legitimate or fraud?
To start, NO LEGITIMATE auto insurance broker will advertise a price! Every person is rated independently so your cost cannot be known without certain information. These ads flooding social media are posted by companies that don’t sell insurance. They trick or bait you into entering your personal information, his information becomes a “lead” which means someone interested in acquiring auto insurance. These companies then sell your information to everyone who will pay for it. You then receive numerous calls, texts and emails from companies trying to sell their product. You will get quotes from the same insurance companies you’ve already received quotes from with the same prices. Their is no magic answer, no one offers ridiculously low prices. Your insurance cost is calculated by many factors mainly
- Type of coverage: liability only or full coverage
- Where you live: zip code for population and # of accidents in your area
- Driving history: risk of you causing accident
- Driving experience: how long you’ve had a license
- other factors count to a lesser degree
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