That spreadsheet idea is actually pretty sharp—I wish more folks kept tabs like that. I’ve seen clients get caught off guard by renewal hikes because they just let things auto-renew. Out of curiosity, have you ever found a company that was actually transparent about their multi-year pricing? Or is it always a bit of a guessing game after the first year? I’ve noticed some insurers will talk up loyalty perks, but then quietly raise rates anyway... kind of frustrating.
I’ve actually pushed a few companies on this, and honestly, the multi-year pricing is almost never clear upfront. They’ll give you a “discount” for the first year, then it’s anyone’s guess. I’m not convinced loyalty perks are worth much either—sometimes switching every couple years gets you better deals than sticking around. Ever notice how new customers get all the flashy offers? It’s weirdly backwards.
Yeah, I’ve noticed that too. The “loyalty perks” are mostly just marketing, if you ask me. I stuck with one company for years thinking it’d pay off, but when my rate shot up out of nowhere, they didn’t seem to care. Ended up getting a better deal elsewhere after a bit of hassle. Shopping around every couple years is annoying, but it’s saved me some cash. Honestly, the whole thing feels like cable companies—reward the new folks and forget about the rest of us.
Yeah, I totally get that vibe. I just bought my first place and naively thought being loyal would score me some secret handshake discount or something. Spoiler: it didn’t. The “special loyalty rate” they offered was like, ten bucks less than what my neighbor pays as a new customer. Now I treat insurance shopping like hunting for Black Friday deals—if you’re not checking every so often, you’re probably getting ripped off. It’s a pain, but hey, I’d rather spend that extra cash on pizza than hand it over to my insurance company.
I’ve built and sold a few homes, and honestly, loyalty discounts are mostly marketing fluff in my experience. Every renewal, I run quotes with at least three providers. Sometimes I even switch mid-policy if the savings are worth the hassle. The paperwork’s annoying, but the price difference can be pretty significant.
