It pays to be loyal to the same insurance company.
Staying with the same insurance company for at least three years will get you special discounts from many insurers.
The more the years you've been loyal to an insurer the more discounts you can get.
However, you may be better served by switching.
Let us say, for example, that you will get a 5% (or $125) discount after your third year with an insurer where you current rate is $2,500.
But we can almost say with a level of confidence that due to inflation and the rising cost of health care it would most likely not stay the same.
Within the course of these three years, you might get an insurer who'll offer you the same health coverage or better for less than $2,000.
If this is true about you then you know it's wise for you to go for the better offer right away and not wait for years to qualify for a discount that won't even save you as much.
You'll most likely pay less if you take time to shop since there are hundreds of companies around.
You can only know if this is true in your case if you get and compare quotes from many different health insurance carriers and then see where your interest is better served.
You can realize savings of more than $2,000 on your insurance policy by getting insurance quotes from up to five quote sites.
Using up to five quotes sites raise the chances that you'd get more savings.
This is because companies not represented by one site would be represented by another.
And since the likelihood of getting quotes has to do with the number of quotes you receive, the more insurers you receive quotes from, the brighter your chances.
This raises your chances of getting better rates.