Are vehicle insurance rates negotiable?
I don’t think you can negotiate vehicle insurance rates, but you sure can get a discount. Discounts such as mulit-vehicle/multi-policy discount, defensive driver discount, good student discount, safety device discount, low mileage discount etc are just a few examples of the discounts you can ask for.
From Ms. Vegetable (she has worked in the insurance industry): I don’t believe it’s legal in the U.S. to “negotiate” for a regular account, if by negotiating you mean haggling like you would at a car dealership. (By a “regular account”: if you could walk into an agent’s office and walk out 15 minutes later with coverage without any waiting or underwriting or referrals, or if you could purchase insurance online or over the phone, you are a regular account. If you are not a regular account, you likely have more than one property, multiple vehicles, a huge art collection, are a movie star, etc, and want a ton of coverage and don’t care about the price.) However, there are multiple ways to lower your overall premium – higher deductible, lower limits, ask for more discounts, ask them to rerun your credit, see if they have a loyalty bonus or a discount for being a member of a motorcycle club, etc. Progressive is the cheapest and best for motorcycle insurance. Re: this jump being standard – y
