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Change Auto & Umbrella Insurance after 52 years?

Bogleheads • View forum - Personal Finance (Not Investing) - www.bogleheads.org
It may be hard to believe, but I've had my auto and umbrella insurance with Amica since 1965 - 52 years. I had also had my homeowner's coverage with them most of those years until we moved within Florida, and they no longer were insuring Florida houses and refused to cover the new place in spite of my longevity with them.

Both my auto and umbrella coverage have had a 20+% premium increase recently, and I've obtained quotes from Geico with an annual savings over Amica of about $700.

My question is simply, would I be foolish to give up all that longevity with Amica for a $700 annual savings or is that long history of essentially no value in my future dealings with the company?

Gill
Date: Jun 19, 2017   


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