Renewal Discounts on your Oregon car insurance policy used to be an easy discount to earn: Keep your policy going for six months, and you got it! Not anymore. Sometimes, it requires moving to another company, where you can take advantage of the Transfer Discount to earn a reward for having had prior insurance.

Insurance companies used to offer a Renewal Discount to reward the customer and encourage them to stick around. It is often called a Loyalty Reward. Now, companies will offer other incentives and discounts, such as accident forgiveness and guaranteed policy renewal.

Being an independent agency, we can review your insurance premiums and coverages and shop around after your first six months. Often, the second six months will be cheaper than the first, allowing you to switch to a different carrier and settle in for a more extended period, enjoying the Prior Insurance Discount.

Plus, reviewing your policy every six months gives us a chance to chat about any changes that need to be made to your policy. Perhaps a new driver is coming of driving age in the household and needs to be added. A ticket or accident might fall off, and we’ll try to remove it on the day that it turns three years old.

I hear it all the time, “I’ve been with the company a long time. Why does my rate keep going up?” Gone are the days when the auto insurance company will lower the rates every six months just because you remained loyal for the last six months. The rate you see predicts future claims in your area and for your classification over the next six months, with little regard to past events.

If your policy didn't go down in price after your first six months of continuous insurance, give Pulse Insurance a call at 503-489-3143 or send us an email. Usually, if your rate did not go down, there is a different reason: general premium increases, perhaps you moved, or the insurance company found another ticket. We will help you find a company offering a transfer discount and review your current auto insurance rate.