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Cost of Doing Business

Image: ChatGPT Years ago, when my home and auto insurance was coming up for renewal, I thought I would shop around to make sure that I was getting the best price on my coverage. I had been with my insurance broker since the early 90s, when DW and I were renting an apartment near Algonquin College, and we felt that we were valued clients, but I wanted to see how valued we were. Turns out, we were valued. When I called around to other insurance companies and told them what I was paying for home and auto insurance, many of them questioned why I'd bother shopping around. "I can't come anywhere close to what you're currently paying," one agent told me. So we stayed put. Even decades later, when our brokerage changed hands and our insurance companies moved around, I shopped again and again, I was told that my existing rates were unbeatable. But it actually pays to keep on top of your rates. A couple of years ago, our insurance brokerage was bought out by a larger corpor...

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