Clark Howard, a consumer advisor on the radio, said that some insurance companies use software designed to measure a customer's propensity to change companies. With those companies, loyalty is punished via higher rates.
I have been with Met Life for decades. That doesn't seem to keep my rates reasonable. When I move to NH from CT later this year I hope to find a lower cost company.
My daughter has already moved and changed companies. Her new policy is with State Farm. It was significantly cheaper than the other companies she checked.
Maybe they will hit her hard with an increase next cycle. If so, she will shop again!
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