How to Negotiate Lower Car Insurance Rates

Written by john hewitt
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Negotiating a lower car insurance rate is an evolutionary process for most drivers. As drivers age, develop a good driving record and pay their premiums on time, car insurance companies are more willing to charge them lower rates. Attempt to negotiate a lower rate at regular intervals to take advantage of your good record.

Skill level:


    Talking Your Way to Lower Rates

  1. 1

    Maintain a good driving record. Drive a car with a favourable safety record with a relatively low value. Request a copy of your driving record and check it for incorrect information. Correct any errors immediately, as they can greatly affect your insurance premiums.

  2. 2

    Start comparing rates offered by the major insurance companies. Call up as many as you can to get a broad view of your pricing options. Avoid insurance companies that are unfamiliar to you. Look up any companies that you don't recognise on the Better Business Bureau website located in the resources section below to verify that they have a record of paying out claims and a good customer service record.

  3. 3

    Determine if you can get by on a less comprehensive coverage plan. If you don't think you need comprehensive insurance, injury and accident insurance may be sufficient coverage by themselves.

  4. 4

    Consider switching to a safer, less expensive vehicle. Sports and luxury cars are extraordinarily expensive to ensure. Cars that have rare parts are also more expensive to insure. Compact, popular and less expensive cars are not as costly to insure.

  5. 5

    Begin negotiating directly with your current car insurance provider. If they are unwilling to lower their rates to match those of their competitors, switch to another provider that will cover you for a lower premium. Get all agreements with the company in writing as a guarantee of what you'll be paying.

  6. 6

    Ask your current insurance company if they will lower your rates if you take a defensive driving course. Find out if they offer discounts if you buy other types of insurance from them, such as homeowner's insurance. Ask if you are eligible for a discount based on your occupation. Determine if your insurance company offers a discount for having anti-lock breaks. Read all documentation provided by the company carefully for examples of other discounts that might be offered.

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