You need to compare more than a few car insurance quotes if you really want to try to save money on your car insurance. Despite what you might think, there are differences between companies. Car insurance is not a commodity. Ideally, what you want to find is a good company with less expensive prices.
Unless you spend a lot of time negotiating, however, getting on the phone, calling your car insurance agent, and trying to talk him or her into a better price for your car insurance is a daunting task. Let’s explore how to do this effectively, and how to save money doing this, even if you’ve never haggled for anything in your life.
To Compare Car Insurance Quotes, You Need Some…Car Insurance Quotes!
One of the most important rules of negotiation is to be prepared with information. If you want to just go with the car insurance company with the lowest price, go ahead. It’s often not a great idea. With car insurance, just as with other items such as Logbook Servicing, you often get what you pay for. But it does save a fair amount of stress on your part.
If, however, you want to get your insurance with a little better company (but want to pay the cheaper prices!), then you’ll need some evidence you can present to the company’s agent.
Compare Car Insurance Quotes with Your Agent
If you’ve already narrowed the field down to one of two companies you would like to go with, your next step is to call those companies and ask to talk with an agent. When you talk with the agent, they’ll ask you questions about your car, make and model, and your driving record. Once they get the information they need, they’ll give you a quote. It’s here that you want to get out your research and compare their quote with the lower quotes you found online. Tell the agent that you wouldn’t mind going with his or her company, but that based on the quotes that you found, you need a much better price.
Comparing Car Insurance Quotes to Lower Your Current Insurance
You don’t have to be shopping for new insurance in order to get a better deal on your premiums. Even if you’ve been with a company for a few years, you can still call them up and try to get your premium lowered. Now, this might or might not work. Be prepared to keep your current premiums with that company, or to find another company. But telling your agent why they need to lower your premiums will often result in your saving money. Look at it like this, it costs them several dollars just to get a prospect to talk to. If they have any sense, they’re not going to let you walk away without a fight.