Auto and Car Insurance

What is the purpose of a car insurance company giving quotes for the other insurance companies??

Just wondering... could they maybe lie about it? Why would they give quotes of the other companies if theirs isn't as good as the other ones? To me it just sort of seems like they are screwing themselves... Does anybody know why they do this?

Public Comments

1. So they can point out that they may charge a few dollars more but look at the service you are going to get. "You get what you pay for".
2. my guess is they are trying to show that they are competitive with other companies....trying to gain your trust. when you say "quotes" are you referring to the cost of your coverage or what they would pay if you were in an accident? if i were you i would look at both these factors, just because one company is cheaper than the other doesn't mean that you will have as good of coverage if you need to turn in a claim.
3. Advertising. "If we are this good to you now, imagine if you are our customer..."