Industry Verticals · InsurancesituationalPricingOnboarding

Insurance Quote Bait-and-Switch: State Mismatch Doubles Premium After Policy Switch

A consumer was quoted $1,300 for a six-month car insurance policy by Allstate, but after the policy was issued for the wrong state, the corrected quote jumped to $3,000 for identical coverage. The customer had already cancelled their prior policy and lost four years of loyalty status with the previous insurer. The incident exposes a pattern of deceptive quoting and inadequate state verification in insurance sales.

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4.5

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Visibility

5

Leverage

Impact

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