I would rather change my homeowners insurance than my auto insurance if the prices are similar. If you have a claim or accident with your auto, a new policy is more likely to be cancelled or adjusted upward than a long term policyholder. The same can happen with homeowners insurance but the odds of having a claim or problem is much less. There is also things such as first accident forgiveness and other perks you may have with long term auto insurance.
Rate changes of insurance companies from year to year may change who is cheaper in a particular year because rate changes are not on the same schedule for insurance companies.
Rate changes of insurance companies from year to year may change who is cheaper in a particular year because rate changes are not on the same schedule for insurance companies.
