Is it a bad idea to switch car insurance companies regularly?

I'm thinking of switching car insurance after my six-month policy is up. My insurance company charged me more, even though I have no speeding tickets or accidents. Is it bad to switch companies regularly to pay less?

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Eric Schad
Answered on Apr 22, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“It’s common for car insurance companies to increase your rate, even if you didn’t get into an accident or receive any speeding tickets.
The company’s analytics department analyzes risk continually, so even if you’re a safe driver, other factors may increase your rate. These can include things like crime rates in your neighborhood or weather events.
Because of this, it makes sense to shop for car insurance quotes online to find a better rate. However, if you find a better price elsewhere, it may be a good idea to call up your current insurer. If you’ve been with the company for a long time, you might be able to get them to match a competitor’s rate.”
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