How Many People Switch Their Car Insurance Each Year?

Shopping around for car insurance is an important part of owning a car. Being informed about the different companies and policies available can save you money in the long run. But how many people actually switch their car insurance each year? This blog post will explore the different factors that influence someone’s decision to switch car insurance, as well as investigate how often people actually switch their provider.

We’ll also look at which types of drivers are more likely to switch and what strategies they use when searching for cheaper options. With this information, you will be able to make an informed decision when it comes to choosing your next car insurance provider.

Why do people switch car insurance?

There are a number of reasons why people may switch their car insurance each year. Some people may find that their current insurer no longer offers the coverage they need, while others may simply be looking for a better rate. Still, others may have had a negative experience with their current insurer and decided to switch to a new one.

How often do people switch car insurance?

The Insurance Information Institute (III) reports that about 12% of drivers switched their car insurance in 2018. The III also notes that the number of people who shop around for car insurance has declined in recent years, as has the number of new car insurance policies sold each year.

Who are the most common switches?

There are a few different types of switches that people use when it comes to car insurance. The most common type of switch is the one where people simply change their policy providers. This can be for a variety of reasons, such as finding a better deal, or being unhappy with their current provider.

Another common type of switch is when people move to a new city and have to find a new car insurance provider that operates in that area. This is often unavoidable, as many car insurance companies only operate in certain regions.

Finally, some people may switch their car insurance provider if they get into an accident or have some other kind of issue with their current company. This is usually less common, but it does happen from time to time.

How to switch your car insurance

When it comes to car insurance, there are a lot of options out there. It can be hard to know when it’s the right time to switch your car insurance. Here are a few things to keep in mind when you’re thinking about switching your car insurance:

-The cost of your premium: If you feel like you’re paying too much for your car insurance, it might be time to switch. There are a lot of different factors that go into how much you pay for your premium, so make sure you shop around and compare rates before making a decision.

-Your coverage: Make sure you have the coverage you need and that you’re not paying for coverage you don’t need. Sometimes, people switch car insurance companies because they want to get more coverage or because they want to get rid of coverage they don’t need.

-Your driving habits: If you’ve had a change in your driving habits, that could affect your car insurance rates. For example, if you’ve started driving more miles than you did last year, that could lead to an increase in your rates. Or, if you’ve recently moved, that could also affect your rates.

-Your claims history: If you have a good claims history, that could help you get lower rates from another company. On the other hand, if you have a lot of claims on your record, that could

The best time to switch your car insurance

There are a few key times when it makes sense to switch your car insurance. If you’re moving to a new city or state, you’ll need to find new coverage. If you’re buying a new car, you’ll need to decide whether to insure it with your current provider or shop around for a new one. And if your current policy is up for renewal, it’s a good time to compare rates and see if you can get a better deal elsewhere.

Of course, you can switch your car insurance any time you want. But these are some of the best times to do it.

The benefits of switching your car insurance

Switching your car insurance can be a great way to save money on your monthly premiums. Here are some of the benefits of switching your car insurance:

-You may be able to find a cheaper car insurance policy by switching companies.
-If you switch to a company that offers discounts for certain drivers, you may be able to save even more money.
-Changing companies can also help you get better coverage. Some companies offer more comprehensive coverage than others.
-If you have had problems with your current insurer, such as poor customer service or many claims, switching companies may help you get better service.

The drawbacks of switching your car insurance

The average person switches their car insurance each year, but there are some drawbacks to this. One drawback is that you may not be getting the best deal on your car insurance. Another drawback is that if you have an accident, your rates may go up.


To summarize, switching car insurance every year is becoming increasingly popular. With so many comparison websites available, and with some companies offering better rates or deals than others, it’s no wonder people are taking advantage of this opportunity to save money.

Ultimately, whether or not you decide to switch your car insurance will depend on your individual circumstances, but if you’re looking for a way to potentially save money then doing the research into finding the best deal could be worth your while.