Can Car Insurance Rates Be Negotiated?

1. 

   14231 POINTS

   view profile
   Tom Sheehan

   Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482

   Not really, no.  Insurance companies must file their rates and underwriting standards with your state's Insurance Department.  Once these are filed and approved, then the company must follow those guidelines and formulas when determining the rate they then offer you.  Be sure that you are taking advantage of all the available discounts that your company offers in order to enjoy the best rate possible.

   Answered on May 28, 2014

   flag this answer
2. 

   21750 POINTS

   view profile
   Jim Winkler

   CEO/Owner, Winkler Financial Group, Houston, Texas

   That is a great question! Not only can you, but you should!  It is never a bad idea to get competitors quotes, and see if your current company will match them, many will, especially if your driving record is good. You can also ask for discounts for multiple vehicles, policies, and drivers. You can also look into company discounts, AAA, or AARP discounts that may be available, if you only ask. Good luck, I hope you save a bundle! Thanks for asking!

   Answered on May 29, 2014

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.