If you own a car, you need to have insurance. However, that doesn't mean you need to stick with the same insurance company year after year. At some point, it's going to be in your best interest to shop around for new coverage – and a new company. If you're not sure when that time will be,take a look at the list provided below. If any of the situations apply to you, the time has come for you to shop for new insurance.
Your Neighbors Are Paying Much Less
When you have neighbors, it's not unusual to compare situations, including bills. If you've discovered that you're paying much more for your auto insurance than your neighbor is, and all variables are the same – age, driving record, etc – it's time to shop for new insurance coverage. This is particularly important if you and your neighbor don't have your policies through the same companies.
You Don't Have the Coverage You Need
If you've been paying for basic, liability-only coverage, you may not have the protection you need. Of course, your liability coverage ensures that the other driver is protected, especially if you're at fault for the accident; however, you won't be protected in that situation. Not only that, but you're going to be paying full price for things like windshield repairs and replacements. If you no longer have the coverage you need, it's time to start shopping for a new policy.
You've Been With the Same Company for Years
If you've been with the same company for a number of years, you may think that you're better off sticking with them for your auto insurance. However, that's not necessarily the case, especially if the company you're with has habit of charging more for their coverage. Not only that, but they may not offer the right discounts that could bring your premiums down even further. To make sure your present insurance company is the right fit, start shopping around for new coverage before your next policy expires. You may find that you'll save more money by signing with another auto insurance company.
Your Needs Aren't Being Met
If you're tired of receiving poor customer service whenever you have an issue, it's time for a new insurance company. Quality customer service is a crucial component of any insurance company. If you're constantly placed on hold, wait for extended periods of time for your claims to be handled, or can't get through to your agent, you need a new insurance company for your auto coverage.