When you have stayed with an insurance company for a couple of years, it is normal to get a discount for your loyalty.
Usually the loyalty discount increases as you stay longer.
Do not however take it for granted that you have a great deal from the loyalty discount on your home insurance policy.
With the level of competition going on amongst insurance companies you may be able to get a more affordable home insurance coverage by getting a new policy from another insurance company.
Always compare between insurance companies before you decide you have a very affordable home insurance coverage.
It is also taken for granted that you save by getting multiple policies from a company.
This is true.
You could get anywhere from a 5% to 15% discount for taking up multiple policies from an insurer.
However, just like the issue of loyalty, you may be able to get a better affordable home insurance coverage by taking policies from different insurance companies.
If you got a great deal on your home insurance policy from an insurance company, don't assume that the deal you also get from them on your auto insurance would also be great just because you got a great deal on your home insurance policy with them.
It is very possible that you could get better deals from different companies for your different policies.
To be very sure that you are getting the most affordable home insurance policy, here's what to do.
Treat every new policy like fresh project.
Do the normal research before committing to any company.
Better still, with every new policy you need, go online and get several fresh quotes on them that way, you would be able to be absolutely sure that you are getting affordable insurance coverage on every of your policies be it from a single insurer or several insurers.
It pays to start getting those free quotes right away!