It usually does, speaking from experience with Nationwide Insurance. The longer you are with Nationwide, the less a homeowner’s claim will count against you. As the years go by, you earn certain perks on your policy that you may not even know are there. With home policies, claims effect you much less the longer you are with Nationwide.
On auto policies, there are things like “car key replacement”, “Vanishing deductible”, and “pet injury protection” that you may be losing by getting a policy rewritten or going with a different carrier. Stability is valuable to the people you are getting a loan from, but to insurance carriers, they can also see insurance “jumpers” and they are not a fan. Why switch so often? Are they just shopping price? This leads to another problem: don’t forget that you get what you pay for. If you are shopping for insurance, cheaper prices don’t mean great coverages.
Make sure when you shop you look for a quality product with coverages you need. We can help! Call us 919-321-5432 or call Therese at 919-931-5432!