Share:

Some people enjoy seeking out bargains for everything from household furnishings to auto insurance policies. However, you may find there are hidden costs to switching insurance companies and benefits for staying with your current provider. Integrity Insurance Solutions, a respected agency in San Marcos, TX, explains below some of the reasons to remain loyal to your present provider.

4 Reasons to Stick with One Insurance Company

1. Bundle Discounts

Most insurers provide bundle discounts to policyholders who buy more than one policy from them. In other words, you may pay less if you buy your homeowners and auto insurance policies from the same company rather than seeking lower rates elsewhere.

2. Accident Forgiveness

insurance company in San Marcos, TXSome of the major insurers offer an accident forgiveness option wherein your policy rates will not increase, even after you file a claim for an accident for which you are at fault. However, to take advantage of that option, you must have first been a customer for a set period—often three to five years.

3. Tenure Discounts

Some insurers offer tenure discounts for policyholders who have remained loyal over the course of several years. No other stipulations are required; they simply want to reward clients for their years of faithful patronage.

4. Deductible Reductions

Another benefit offered by some insurance companies is a reduction in your deductible at no additional cost to you. The longer you stay with them and remain claim free, the less you must pay out of pocket in the event that you must eventually file a claim. Normally, you must pay more each month to reduce your deductible amount, so this benefit does not transfer if you switch providers.

The information above should help convince you to choose an insurance company and stick with them for the duration. For expert assistance choosing coverage, contact Integrity Insurance Solutions. They've been helping businesses and individuals throughout Hays County design commercial, property, umbrella, and auto insurance policies for more than a decade. Visit their website to view location information or call (512) 396-2211 to request an insurance quote.

tracking