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Auto Liability Myth #8 – “I can save money on my car insurance by switching carriers often”

Multi-Year Discounts

Many people believe they can save a lot of money on their car insurance if they switch to another carrier every few years. The auto insurance marketplace is definitely a competitive one, but there are benefits to longevity with the same insurance carrier. Many carriers will offer multi-year discounts or decreasing deductible options for their loyal customers.

Bundling Auto and Homeowners Policies

There are also benefits to bundling your auto and homeowners policies with the same company. So, if you decide to move one of these policies away, it could end up leading to higher overall costs.

That’s why a better strategy is to have a licensed agent discuss all the available discounts with you before making any decisions to switch carriers.

Next Steps

Remember, in every state, these laws and policies may vary, so it is important to discuss these situations with a licensed agent. That’s why at Rue Insurance, our licensed agents are available to speak with you one-on-one, to develop a customized insurance plan that fits your unique needs. Contact us today and learn more about how to Be Ready with Rue at 609-586-7474 or on our website here: https://www.rueinsurance.com/contact/.

Robert Plasencia

About Robert Plasencia

Robert joined Rue Insurance in 2020 as a Personal Risk Advisor with over 10 years of experience in the insurance industry. Robert specializes in delivering innovative solutions and advising our personal lines clients to reduce the total cost of risk at the right budget.​ About Robert | More Posts by Robert