5. Compare quotes
If you have been a devoted customer for several years, you may be eligible for a loyalty discount. The insurance industry is highly competitive, and a lot of insurers are willing to offer you a reduced rate in order to gain you as a customer.
If you feel unfulfilled by your current rates, then you should compare quotes from a few of the cheapest car insurance companies, for example, to make sure you can get a better deal elsewhere. Remember that you can receive a discount if you’ve bundled multiple policies with the same insurer.