Yes — if your rate went up at renewal, you haven’t compared quotes in the last two years, or your current insurer has been hard to reach when you needed them. Switching is easier than most people think, and it can save hundreds of dollars a year. But there are a few things to do right so you don’t accidentally leave yourself exposed.
Signs It’s Time to Consider Switching
Your Rate Went Up at Renewal
Insurance companies adjust rates every renewal period. If your premium jumped and nothing changed — no accidents, no new drivers, no claims — that’s worth questioning. Rate increases can happen due to regional loss trends, company pricing decisions, or inflation in repair costs. You’re allowed to shop around.
You Haven’t Compared in 2+ Years
Insurance rates aren’t static. The company that was cheapest in 2022 may not be the best value in 2025. A 10-minute quote comparison costs nothing and could save you $500-$1,000 per year.
Your Coverage Doesn’t Match Your Life Anymore
Got married? Bought a house? Added a teen driver? Your coverage needs change, and your policy should change with it. If your current agent isn’t proactively reviewing your coverage, that’s a gap in service worth addressing.
You Can’t Reach Anyone When You Need Help
If you’ve ever had to sit on hold for 45 minutes just to ask a billing question, that’s a real cost — even if the premium looks low on paper. A local agent who answers the phone has genuine value.
What to Watch Out for When Switching
Don’t Cancel Before Your New Policy is Active
This is the most common mistake. Always confirm your new policy’s start date before canceling the old one. Even a one-day gap in coverage can cause problems — including losing your continuous coverage discount.
Compare the Same Coverage, Not Just the Price
A cheaper policy isn’t always a better deal. Make sure you’re comparing the same liability limits, deductibles, and coverage types. A quote that looks $50/month cheaper might have a $1,000 higher deductible or half the liability coverage.
Check for Cancellation Fees
Most standard auto policies don’t charge a cancellation fee, and many pro-rate your refund for unused premium. But check your current policy terms before you make the call.
How to Switch the Right Way
- Get at least two or three quotes, including one from a local agent who can review your full situation
- Confirm your new policy start date in writing before canceling
- Cancel your old policy and request a refund for any unused premium
- Update your insurance card in your vehicle and with your lienholder if you have a car loan or lease
- If you’re also switching homeowners insurance, do them together — bundling usually unlocks the best discount
Curious What You’d Pay With State Farm in Jackson?
I’m happy to run a no-pressure comparison quote for you. My team will look at your current coverage, match it apples-to-apples, and tell you exactly what you’d pay — and whether switching makes sense for your situation.
Call or text (731) 506-4543, or get a quote at [link].
AUTHOR BIO
Wes Harris is a State Farm insurance agent in Jackson, TN. He has served Madison and Gibson Counties since 2008 and holds ChFC and CSA designations. His office is located on Vann Drive in Jackson.