Why Switch Car Insurance Companies?

Are you ready to break up with your car insurance carrier? You may not think of it this way, but dropping your insurance carrier and moving on to another is like breaking up in a relationship. Why switch your insurance company? At one point, both of you were happy, the relationship was new and exciting, and then… something happened along the way that soured the whole thing. So, what happened? Let’s consider some reasons to switch your car insurance carrier for another, and when it may be in your best interest to stay right where you are.

Reasons to Shop and Switch

  • Major Life Changes – Major life changes often involve changes to factors that are important in calculating your rate. Moving to another zip code? Getting married? Getting divorced? Adding a new teen driver? These events can impact your rate substantially, so you will want to take some time to compare carriers and it might be time to consider changing companies. 
  • Poor Service – Have you ever had a poor service experience? It might’ve happened at a restaurant or a salon, or involved a terrible bedside manner from a medical professional. Whatever the situation, it left a bad taste in your mouth! Suddenly, the price you’re paying becomes irrelevant – you just want to be treated with respect. Perhaps you felt angry or betrayed. The data suggests that consumers are powerfully influenced by their emotions when making a buying decision. Why switch? Because you deserve to be treated with respect. 
  • High Rates – If you’ve already bundled your insurance coverage with your home, auto and life for example, and still have higher than normal rates, you might want to shop around. After you’ve exhausted all opportunities to save and still pay higher car insurance rates, it’s probably time to make a switch. The key to a bundle is achieving the best total premium, even if one of the policies costs more than a competitor’s single policy. Your rates may also increase when some initial discounts roll off of your policy. Many carriers have discounts that apply only for a policy term or two. Switching carriers can give you at least a temporary savings, but be aware of how much of that savings is coming from temporary discounts. Why switch? To save money while still getting the coverage you need.
  • Affinity Programs – If you’re not familiar with affinity programs with car insurance, you’re probably missing out. Depending on your membership status with an alumni association, a professional society or some other group, you may be eligible for an additional discount. It is fairly common to find affinity discounts around 5%, but don’t make a decision solely on the basis of this one discount. An affinity discount doesn’t always offset the higher rates you may be paying with the carrier offering the group discount. If your current insurance carrier doesn’t offer an affinity program discount for your organization, at least consider shopping around for a carrier that does.

When It May Be Best to Stay

  • Solid Relationship – Most tend to view car insurance as a commodity. It’s a perception that works against the best interest of those who flippantly bounce from one carrier to another in search of the cheapest insurance rate. The fact is, maintaining a relationship with the carrier protecting some of the most valuable assets you own can be very useful. Keep in mind that just about any relationship may have some bumps in the road, but if you have established a solid relationship with your insurance provider, it may be in your best interest to stay, especially if they have a proven track record.
  • Justified Increase – You may not be happy with an increase in your car insurance rate, but consider why it may have happened… Have you made policy changes by adding a vehicle or driver? Even if you drive the same make and model, did you upgrade to a more recent model year? Were you involved in an accident in the last year? Provided that your insurance carrier isn’t raising your rate ridiculously high, you may want to stay put instead of switching.
  • Excellent Service – Would you trade excellent service for terrible service in order to save a few dollars? Hopefully your answer is “no.” When you walk into an establishment or pick up the phone to make a call, you expect to be treated with the kind of service that makes you feel welcome, desired – like a paying customer! If you know you’re already receiving that VIP treatment, you may want to consider keeping your current car insurance policy in force.

Final Thoughts on Switching Car Insurance

There are a variety of factors to consider before making a buying decision, or in this case, making a potential switch. Be sure to consider the facts pertaining to your individual situation prior to making a quick decision you may regret. Increased rates may be justified. Maybe the person who spoke to you in a rude way was having a bad day. Then again, you might be overpaying for your car insurance or receiving consistently poor service from your carrier. Hopefully, we’ve helped you answer the ultimate question, “Why switch?” 

If you’re ready to begin a new relationship with a car insurance company that provides affordable rates, excellent service, experienced representatives and exclusive affinity programs, consider Plymouth Rock Assurance! Plymouth Rock takes a consultative approach to helping you protect your loved ones and your assets with flexible, personalized insurance coverage that is second to none. Call Plymouth Rock today to begin a relationship you will value for years to come.

Find out information about how to sell your car faster and hidden car insurance discounts.  You can also compare rates and learn more about auto insurance companies in PA.

Plymouth Rock Assurance is a marketing name used by a group of separate companies that write and manage property and casualty insurance in multiple states. Insurance in Pennsylvania is underwritten by Palisades Insurance Company, Palisades Property and Casualty Insurance Company and High Point Preferred Insurance Company

Call 855-993-4470, get your free quote online, or find an agent to learn more about switching car insurance companies in PA. Visit our contact us page if you need to call us with additional questions.