| Rate Stability |
Most companies will give you a “rate guarantee” for 12 months. This means your rate will stay the same for 12 months without any increases. Once the year is up you should expect an increase at least once a year. Historically rates have gone up between 10% - 20% per year.
Many insurance companies will raise rates each year, but make new rates available to new customers that are lower than those existing customers are paying. It is our suggestion that you contemplate contacting us at least every three years so we can help you analyze your current situation and see if there are other comparable plans that would save you some money.
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