Do you shop for new insurance every year or every other year? You aren’t alone. This necessary, but often expensive cost, makes people want to find a cheaper alternative. But does loyalty ever play a role? Should you stick it out with the same insurance company in order to save money?
Unfortunately, you probably won’t save money by staying with the same insurance company year after year. Insurance companies base their prices on hard data. Neither of you can do anything to change that, which usually means higher premiums.
But sometimes loyalty means more than worrying about the cost of the insurance.