Is it better to be loyal to your auto insurance company or yourself? Does it pay to stay with the same company for a long time or not? When it comes to auto insurance these days, if you are with the same company for over a year, then your more than likely being treated like yesterdays success. When I say yesterdays success I mean, your agent usually doesn’t have time to focus on old business, instead they are hungry looking for new auto insurance policies to write. There are multiple reasons why it pays to be willing to pack up and leave for the next good deal!
First off, did you know that most companies have a discount for new customers? They entice you to stay by lowering that discount each year, in hopes of gaining loyalty in the meantime. Isn’t this backwards? Shouldn’t they be lowering the rate each year for being loyal and staying with them?
Then there are all the really old customers out there with low deductibles. Once again the agent didn’t have time to review deductibles and educate how much money could be saved by raising them even a few hundred dollars. Think of your policy. When was the last time your agent called to make sure you were happy with your coverage?
What about credit and your auto insurance policy. This topic has raised more controversy than any when it comes to auto insurance. If you have been with the same company for a long time, this area is far too often costing the customer hundreds of dollars. I have even seen where up to date Insurance scores have saved thous ands per year!
The list could go on and on forever why you will save by being a new customer. Let me sum it all up for you in simplified terms. Insurance companies are literally fighting for your business now days. Competition does one simple thing, saves you money. The same companies have become far too comfortable with there loyal customers. Wake them up. Comparison shop to get better prices.
Take advantage of the competition. Get quotes from multiple companies and let them start competing for your business. If your interested in an excellent source to get quotes from multiple companies with one simple process, then click on the highlighted text. Otherwise shop around wherever you feel comfortable. Take my advice though, and your going to be surprised how much you can save.