I have had Progressive for homeowners insurance for 8 years. I've never filed a claim, but I keep them because they have only raised my rate modestly every year. I had Allstate for auto insurance for 27 years, but, when they raised my rate by 32 percent, I switched to State Farm and saved 50 percent. There is no loyalty credit with insurance companies. If they raise your rates, you need to be prepared to drop them or they will rip you off.
|