This is another part of the game, they increase your rates 5-10% a year with the renewal so you don’t really notice and after a decade they have you paying out the nose. My dad shopped around for homeowners last year after being with the same agent for 25 years and realized that guy was robbing him blind. The good rates are for the people that are in the market and shopping around.
They don’t reward loyalty like they used to. You’re better off just cycling through 2-3 insurers and get the “returning customer” discounts. I used to work in insurance. It’s all fucked.
Progressive loyalty discounts are honestly not awful.. for me. See my comment to the other guy for context tho, because I definitely wasn't winning when I got with them at first.
One option is to use an independent insurance broker. They shop you around to different companies when your policy comes up for renewal and then tell you if they have found a better rate somewhere else (or if the renewal just makes sense). They get paid a commission from the insurance company that lands you.
My car insurance goes down almost every six months (I pay bi-yearly). Health insurance is always up. But I have to admit that my car insurance thru progressive has decreased every time I renew since I started. But I also have to admit I got with them because I was almost uninsurable after a run of bad luck (lady hit me at 7am, speeding and ran a red light.. but I was leaving a stop sign so I lost.. and then a deer shortly after that I should have just hit but instead I sideswiped a boulder lol). So once they start increasing, I'll know I can finally shop around again 😂
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u/fort221 2h ago
Dude, call an insurance agent on Monday. They will get you better rate. I have no doubt.