Our auto and home insurance is coming up for renewal and I would like to hear feedback on when you would switch providers.
I've been with Co-operators insurance for close to ten years now. Almost every year, when the insurance is up for renewal, I tend to shop around and for some reason, Co-operators was almost always within $50 of the lowest quote. I've liked my agent and they've been prompt and helpful the couple of times we've had accidents and so I've been hesitant to switch for a very small difference.
Last year, it changed. Bel-Air Direct's quote was more than $200 less than Co-operators renewal offer and I was tempted to change but in the end went with Co-operators due to my history with them.
I've just started shopping around this year and am wondering how much lower should the quote be for you to switch insurance providers? Also, is getting insurance from a no-frills, direct insurance provider such as Bel-Air Direct a concern?