Never underestimate the importance of shopping around when it comes time to renew your car insurance policy. Most major companies try to tell you how much it means to be a long term customer, but in reality when you stay with one auto insurance provider for a long period of time your premiums always go up.
Every six months when it comes time to renew my auto insurance I always compare and contrast quotes from at least five insurance companies to determine the most cost effective coverage. Many companies work under the assumption that consumers are to lazy to switch to another carrier because of the time and paperwork it may take to find new insurance. However I have found that rates always change and several companies offer discounts to new customers.
Many other companies offer switching bonuses and will work hard to find a better rate to steal you away from your current car insurance company. It is always wise to have as many offers as possible just because rates always change and new programs come about to save money since this industry is highly competitive. Always keep your options open when selecting a car insurance provider. Read more ways to save on car insurance.
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