How to haggle on your car insurance

By Olivia Gee ·

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 insurer. 

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 insurers commonly offer up to 15% discount to new customers online. Quote these numbers when negotiating and tell your insurer they’ll have to match to retain your business.

2. Acknowledge changes to your circumstances.
 Have you reduced you kms recently? Let your insurer 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 insurer, 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 - last updated November 25, 2020

Search promoted car insurance below. Advertiser disclosure.

  • Comprehensive Car Insurance

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    Optional Extra
    Choice of excess
    coins icon
    $500 - $1,850
    Agreed or market value
    Car coin icon
    Agreed Or Market

    Available discounts

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

    Monthly premiums
    Calendar icon
    Yes
    Choice of repairer
    tools icon
    No
    Choice of excess
    coins icon
    $800 Flat Excess Fee
    Agreed or market value
    Car coin icon
    Agreed

    Available discounts

    • Temporary 30% Reduction In Premium To Help Ease COVID-19 Pressure.
      Compare
    Details
  • Comprehensive Car Insurance Policy

    Monthly premiums
    Calendar icon
    Yes Costs Extra
    Choice of repairer
    tools icon
    No
    Choice of excess
    coins icon
    $650 - $795 As A Fixed Excess; Varying Between States
    Agreed or market value
    Car coin icon
    Market

    Available discounts

        Compare
      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
        Compare
      Details

    *Any information provided on this page should be considered a summary and general advice only. All information should be verified before purchase via the relevant Product Disclosure Statement (PDS).

    ^See information about the Mozo Experts Choice Car Insurance Awards

    Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

    While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

    Olivia Gee
    Money writer

    As one of Mozo’s money writers, Olivia Gee shares her research and insights across banking, insurance and property to help readers save. She loves getting stuck into a story, unveiling all the facts, breaking down stats and drawing on personal experiences - this is what drives her as a journalist. She has a double degree from the University of Wollongong, with a BA in Journalism as well as Media and Communications.