You've heard the advice to shop around for new quotes once in a while to see if you can beat your insurance company's renewal offer. But what if you shop around ahead of every renewal? And what if you get a better quote somewhere else every time? Is there any reason you shouldn't hop from one provider to another every year (or every six months) to get the best price?
The short answer is no. If you're constantly seeing lower prices elsewhere, there's not really a good reason to choose the more expensive premium just for the sake of not being a policy hopper. Despite the loyalty discounts your current provider might be offering, loyalty rarely pays in insurance.
