If you were one of the 1,502,898 consumers who tuned-in to a Las Vegas radio station last week, then chances are you heard at least one commercial from GEICO, Progressive, or Liberty Mutual. That's because insurance is big business in Las Vegas.

Each year, Clark County consumers spend $3.1 billion to insure their homes and cars. That's almost $1500 for every area adult.

There is good news and bad news for the 3978 local insurance agents who are competing to earn a substantial share of the home and auto premiums consumers are paying.

According to Nielsen, 199,000 policyholders in Las Vegas are planning to switch insurance providers during the next 12 months.