[srswans]

Originally Posted by Michael G.

I read somewhere that once a year when your insurance policy's come due, you should always review your policies with other companies to seek cheaper rates.

Now I been with XYZ company going on 8 years, and there isn't 12 months goes by without them raising my 3-group policy's total premiums by $10- $20 and more in any given year, (auto, home, and umbrella).

Ok, yes, I realize there's inflation, fires, floods for insurance co. to pay for, but is this normal procedure for insurance Co's to treat long time policy holders.

If I switch to other Companies with cheaper rates for now, what's not to say in 12 months, the same thing will happen, rates go up.

Am I better to bite the bullet and stay put?

I need some guidance here people.

Cheers!

We usually shop around every five years. Gotta do it to keep premiums down. Might be able to show customer retention department at current company quotes from new companies to get a better rate.