Dave Oosterhouse

While it is not always necessary or beneficial to stay with your current insurance company, there can be advantages to maintaining a long-term relationship with your insurer. Here are some reasons why it may be important to stay with your current insurance company:

• Loyalty benefits: Insurance companies often offer loyalty benefits to long-term customers, such as discounted charges or additional coverage options. These benefits can provide cost savings and enhanced protection.

• Bundle discounts: If you have multiple insurance policies (e.g., home, auto, and life insurance) with the same company, you may be eligible for bundle discounts. Bundling your policies can lead to lower charges overall.

• Familiarity and convenience: Staying with your current insurance company means you are already familiar with their policies, claims process, and customer service. This familiarity can make it easier and more convenient to manage your insurance needs.

• Relationship and confidence: Over time, you may develop a relationship and confidence with your insurance provider. If you have had positive experiences with them in the past, you may feel more comfortable relying on them for your insurance coverage.

• Coverage continuity: Switching insurance companies can sometimes result in a gap in coverage or potential loss of certain benefits. By staying with your current insurer, you can ensure continuity of coverage without any interruptions.

That being said, it is important to regularly evaluate your insurance options and compare charges and coverage from different providers. It's possible that another insurance company may offer better prices or more suitable coverage for your evolving needs. Conducting periodic reviews and comparing quotes can help ensure that you are getting the most value for your insurance coverage.