Why You May Want to Keep Your Current Car Insurance
Here's why: The longer you stay with an auto insurance company, the more likely it is that you'll get a long-time customer discount. This discount could increase each year and save you a lot of money over the long-term.
If you have maintained a spotless driving record, you've also built up a good-driver discount that could also increase the longer you stay.
Another great reason to stay with your current insurance provider is because they are more likely to cut you some slack if you have an accident or get a ticket.
You have basically accumulated good will and it's nice to have it when you need it.
Also remember that if you have an auto and home insurance policy with the same company, you will lose any discounts you get from linking these accounts together - sometimes up to 15%.
If you're going to switch, make sure the new company offers better rates combined.
So before you automatically jump ship to get better rates, consider these benefits before making the switch.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.