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Supply Side

Insurance Giants Flood NFL with Cash, Then Ghost the Super Bowl

By SOS. News Desk | Jan 14, 2026

The insurance industry blanketed the 2025-26 NFL season with over $634 million in ad spend, a massive rebound from previous budget cuts, according to iSpot data that was first reported by The Measure. But in a strategic pivot, no insurer will air a national ad during the Super Bowl, highlighting a complex game plan of maximum exposure mixed with calculated audience targeting.

  • Back in the game: This year’s spending blitz marks a sharp reversal from 2023, when major players like GEICO and Allstate cut their ad budgets by more than a third. The return to dominance was exemplified by Nationwide, which funneled nearly 95% of its TV budget into the NFL after sitting out the previous season entirely.

  • Playing to win: The league’s unparalleled and highly engaged audience is too valuable to ignore. For insurance brands, advertising during NFL games delivered nearly a 30% year-over-year lift in audience engagement, a figure that jumped to 44% during the postseason, according to data from ad metrics firm EDO.

  • A calculated sideline: Despite the regular-season onslaught, the industry is conspicuously absent from the Big Game. State Farm, the last holdout, pulled its ad amid the California wildfires, a move that also sidesteps a potential PR headache in a state where it has already halted new home insurance policies. Instead, the company is pivoting to the growing world of women's sports, sponsoring the WNBA and signing deals with college stars Caitlin Clark and JuJu Watkins.

The industry's hot-and-cold approach to the NFL isn't about simple cost-cutting. It’s a sophisticated media strategy, leveraging the NFL's mass-market power for brand awareness while making targeted, high-ROI plays in other fast-growing arenas.

The insurance industry's dominance extends beyond game day, as it also led all ad spending during the NFL Draft. And while insurers are spending big, the rest of the ad landscape is shifting, with sportsbook spending declining by 9% and a new class of streaming-only advertisers emerging on platforms like Amazon Prime Video, according to data from iSpot.

Credit: Johnathan Kaufman

Key Takeaways

  • Insurance companies invested over $634 million in NFL advertising this season, yet are strategically skipping national Super Bowl ad slots.
  • The spending surge marks a major rebound from 2023 budget cuts and delivered a nearly 30% year-over-year lift in audience engagement for insurers.
  • The Super Bowl absence is a calculated move, with brands like State Farm avoiding PR risks and pivoting to growing markets like women's sports.