Auto & home · How pricing works
Insurers price you partly on a credit-based insurance score, but in most states the law only makes them refresh it once every three years. If your credit improved after you bought the policy, you can spend years paying a rate built on the old you — unless you use a little-known right to demand a re-rate once a year.
Jul 1 · 1,241 words
Auto & home · How pricing works
Auto and home insurers increasingly price loyalty as a cost — your tenure becomes a rating input that pushes your renewal up, because customers who have stayed for years are less likely to leave over an increase. Switching these policies is cheap and frictionless, which is exactly why shopping defeats it.
Jun 25 · 867 words
Pet · How pricing works
Auto insurers price loyalty as a cost and the fix is to shop every few years. Pet insurance has the same loyalty penalty — the same dog is rated 3x higher after years of enrollment — but pre-existing exclusions mean you usually can't switch your way out. That's why the carrier you pick on day one matters more than in almost any other policy you own.
Jun 25 · 1,233 words
