Did you ever hear the saying
Don’t wait till you are thirsty to dig a well
The same advice can be given to the condominium association that waits till their policy come in the mail and it is 25% higher than last year, and the renewal date has already gone by.
Another reason not to wait is the association that renews and pays and pays and pays. All of a sudden there is a string of bad luck, and you have a few minor claims. The bad mews comes down that you are no longer being considered for your renewal. Now you don’t look so good.
Be proactive. Get a proposal every couple of years. Do not wait till you are desperate to take a look.
If everything is equal amongst the insurers and the agents, then stick with what you have. Like in baseball, tie gores to the runner.