Are Auto Insurance Rates Negotiable? (Montgomery Village, MD)

The short answer is no, auto insurance rates are not negotiable. However, there’s more to this question than a quick answer. In truth, what most people want to know is how they can lower their auto insurance rates.

While the premiums a carrier offers, you aren’t negotiable, there are other ways to knock that rate down. Auto insurance carriers determine their fees based on a complex set of variables including your driving record, age, where you live, and how many miles you drive in a month. If you want to lower insurance rates, there are several things you can do.

For starters, you can drive fewer miles, which might mean carpooling or taking public transportation. Another great idea is that you could also improve your driving record by going to driving school. Some carriers will encourage you to take a defensive driving class in exchange for lower premiums. Insurance agents can help you find ways to lower your premiums though rates aren’t directly negotiable. There are plenty of ways to save money on auto insurance.

We’d be happy to review your insurance coverage options with you! Give us a call at 301-840-7283 or visit https://www.insonegroup.com.