i got in a few accident and got some tickets. they raised my rates of course. if i go into their office and ask, is it possible for them to lower it, even if by $100 or $200. is it possible for insurance agents to do that?
thanks
2007-04-02 02:56:49 · 9 answers · asked by Onnoff7 2 in Cars & Transportation ➔ Insurance & Registration
Insurance rates are figured by actuaries who decide how much a risk you are to the insurance company.
With tickets and accidents, they consider you a very high risk, and they set your premiums at that level.
In order to bring your premiums down, you'll have to demonstrate safe, responsible driving habits over a long period.
By the way, changing insurance companies will not greatly affect your rates. There is a central insurance file that the new company will access to determine what claims you've had, and they will also pull your MVR (motor vehicle record) to determine tickets and accidents. They will also put a premium on your being a new customer - your current company will reward you staying with them over a long period with lower rates.
2007-04-02 03:01:27 · answer #1 · answered by Stuart 7 · 0⤊ 1⤋
Unfortunately they cant bargain on your rate. That's not how insurance works. The company tells your agent how much to charge and that is it.
If you want to lower your rate, take a defensive driving class. If you have full coverage on your car, get vin etching done on the glass or have an alarm installed.
The only other way to reduce your rate is to shop around. If you havent done this in a while, then it's definately worth a shot. Go to a few different insurance angencies and see what the competetion has to offer.
Good luck.
2007-04-02 10:26:02 · answer #2 · answered by NY1Krr 4 · 0⤊ 0⤋
Not really. They usually have very little flexibility. I would shop around instead. Any time my rates have gone up for any reason I've shopped around and generally found a better deal immediately.
www.ambest.com rates insurance companies. Just pick about 10 from the top of their list and go to town.
www.insurance.com has a bunch of low rate insurance companies as well.
2007-04-02 10:01:35 · answer #3 · answered by Ferret 4 · 0⤊ 0⤋
They usually will not drop your insurance rate. They have increased your rates because you are considered a dangerous driver after getting in a few accidents and getting a few tickets.
You can shop around to see if another company will give you a more affordable rate, however it is unlikely having several blemishes on your driving record.
2007-04-02 10:00:35 · answer #4 · answered by smedrik 7 · 1⤊ 0⤋
Try this: Call other insurance companies and get quotes. If you find rates lower than you current company use that as a bargaining chip. I just went through that and my same company ended up cuttting my premium by more than half just so I would not go somewhere else!
2007-04-02 11:17:04 · answer #5 · answered by j h 2 · 0⤊ 1⤋
Go to Einsurance.com and get multiple rate quotes. Then go see your agent with the quotes. See if his company will match the lowest rate.
2007-04-02 09:59:40 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Good luck with that. It's simple. You get violations and accidents, your rates go up. Try going to another company and they will see you have had accidents and violations and your rates will probably be even more than what your current company is charging you.
2007-04-02 10:00:23 · answer #7 · answered by Anonymous · 1⤊ 1⤋
You Can try to lower your rate
2007-04-02 09:59:44 · answer #8 · answered by Dr Universe 7 · 1⤊ 1⤋
It depends on what caliber rifle you're carrying.
2007-04-02 09:59:57 · answer #9 · answered by Anonymous · 0⤊ 2⤋