Comment Re:Why would premiums drop? (Score 4, Interesting) 231
Insurance auto and home are funny industries. While most business try to retain long time customers and treat them well the insurance industry does the opposite.
The logic is apparently chaining insurers is something people find a pain in the ass. Being a long time customer does not add to your value as far they are concerned. No they are so efficient at paper work the overhead of on-boarding etc from customer churn is so low they don't care. They figure you having been on the rolls for awhile means you won't bother to switch and they can keep over charging you.
Just changing carriers every four years or so will frequently get you better rates.