Progressive, for example, increases the discount the longer you’re a customer. Staying with an auto insurance company for a specific time can earn you a loyalty discount. However, each insurer has different requirements and may require you to renew your policy early. Some insurers provide a discount when you renew your policy. Types of customer loyalty savings include: While some auto insurance companies offer a specific customer loyalty discount, others provide savings in different categories. Types of Customer Loyalty Auto Insurance Discounts So, although you feel like you’re getting a good deal with a loyalty discount, you might actually be paying higher rates.Ĭomparison shopping for auto insurance allows you to see if the rates and discounts offered by your current insurer are the best deal. However, rate raises typically outpace discounts.
Staying loyal to your auto insurance company might sound like the easy thing to do, and you may get auto insurance discounts.
