How to haggle on your car insurance

Woman haggling car insurance on the phone with computer

Car insurance is a must-have product for many Aussies across the country, but you shouldn't have to fork out big bucks for a little peace of mind.

So if it’s almost time to renew your car insurance policy, you should be trying to snag the best possible deal at a reasonable cost. This often means you'll have to haggle with your current insurance company. 

But if even the thought of haggling is enough to send shivers down your spine, we’ve created a cheat-sheet with a few haggling tips, plus a simple script to follow.

More car insurance haggling tips

1. Do your research. Get the inside scoop with comparison sites like Mozo. You’ll find insurance providers commonly offer up to 15% discount to new customers online. Quote these numbers when negotiating and tell your provider they’ll have to match to retain your business.

2. Acknowledge changes to your circumstances.
 Have you reduced you kms recently? Let your provider know if you were an active driver and now your car is now collecting dust. Generally, there’s going to be a damn good reason for your request!

3. Don’t accept the first offer.
Providers often lay out a discount straight off the bat - don’t necessarily accept this. It’s likely they can do better, so ask for more. 

4. Prepare to bluff.
Even if you want to sit tight with your policy, a potential break-up will get their attention (advice not to be used in human relationships). Tell your provider you’re willing to walk away so they know you’re serious.

5. Chat virtually. 
If, even armed with all these top tips, you are still not 100% confident in your ruthless bartering skills, a lot of insurance providers enable you to communicate with a customer service provider online. So if you're more of a wordsmith than an orator, you could head for the chat bubble or email chain instead of the phone.

If you feel like you need more industry know-how before you head for the haggling field, check out Mozo's guide to switching car insurance policies.

Ready to rumble? Compare current deals below.

Compare car insurance policies right now - rates updated daily

Search promoted car insurance below. Advertiser disclosure. Important information on terms, conditions and sub-limits.
  • Gold Comprehensive Car Insurance

    Monthly premiums
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    Yes Costs Extra
    Choice of repairer
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    Optional Extra
    Choice of excess
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    $500 - $1,850
    Agreed or market value
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    Agreed Or Market

    Available discounts

    • Online Discount Up To 15%
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    Details
  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes
    Choice of repairer
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    No
    Choice of excess
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    $500 - $5,000
    Agreed or market value
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    Agreed Or Market

    Available discounts

    • Pay As You Drive Cover With Pricing Tiers Available For Limited Kms.
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  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $400 - $1,850 (varies By State)
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • No Claim Discount
    Go to site
    Details
  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    No
    Choice of excess
    coins icon
    $800 - $2,000
    Agreed or market value
    Car coin icon
    Agreed

    Available discounts

    • No Claim Discount
    Go to site
    Details
  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $400 - $2,200
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

    • Online Discount $75
    Go to site
    Details

*Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.

^See information about the Mozo Experts Choice Car Insurance Awards