Couldn’t agree more about loyalty not paying off. I stuck with the same company for years thinking it’d help, but my rates still crept up for no clear reason. It’s annoying when you do everything right and still get penalized. Shopping around every renewal has saved me a good chunk. Feels like you have to be your own advocate with this stuff.
Had the same thing happen with my last renewal. I’d been with GEICO for almost a decade, no tickets, no claims, nothing. Figured that’d count for something, but my premium still jumped by over $200 this year. I called to ask why and got a vague answer about “market adjustments.” Not super helpful.
I’m pretty cautious about switching, but after that, I started getting quotes elsewhere. Ended up moving to another company and saved a bit, though I was nervous about losing my “loyalty discount” or whatever. Turns out, it didn’t really matter—new customer rates were better anyway.
It’s frustrating because you’d think being a steady customer would help, but it just doesn’t seem to work that way anymore. Now I check rates every year, just in case. Doesn’t feel great, but I guess that’s how it goes now.
Figured that’d count for something, but my premium still jumped by over $200 this year.
Yeah, I hear you. I used to think sticking with the same company would pay off, but last year my renewal went up too, even though I hadn’t changed a thing. I actually called and asked if my annual road trip habit was making me look risky, but nope—just “market changes.” Ended up switching as well. Honestly, shopping around is kind of a pain, but paying extra for nothing feels worse. Loyalty just doesn’t seem to mean much anymore...
Honestly, shopping around is kind of a pain, but paying extra for nothing feels worse.
I totally get that. I remember spending a whole afternoon calling different companies after my rate spiked for no clear reason. It’s weird—my commute’s the same, no tickets, nothing. Has anyone actually had their loyalty rewarded with a lower rate, or is that just a myth at this point?
Never had a company drop my rate just for sticking around, honestly. They always talk about “loyalty discounts,” but it’s like pennies compared to the random hikes. Has anyone actually seen a real drop after calling them out, or is switching the only way?