If you’re looking for private hire minicab insurance you could be wondering how to find the best deals. You don’t want to spend a fortune yet even the quotes you’ve come across might not quite hit the mark, so what can you do? Well, you could indulge in the age-old art of haggling. Many people seem to have lost the skill in recent years but it’s time we got it back again, because haggling can actually be a great way to keep the cost of your insurance premiums down.
These days people seem afraid to question the price given, not only by insurance firms but by service providers, financial organisations and outlets of all kinds, and that can be a big mistake. The prices shown at face value will already be hugely overinflated to give companies the kind of profits they need, but that doesn’t mean they can’t lower their prices if asked. In fact, many insurance companies (and related firms) actually expect you to ask for a discount—they put their prices up to accommodate haggling, and by not doing so you’re already losing out and are effectively paying far more than you need to.
It needn’t even be that difficult to achieve the desired results. Just call up your insurance firm and ask them for their best price—chances are they’ll already be able to offer you something lower than you were expecting, and if you’re a loyal customer it’s worth playing on their business sense to get them to reduce their prices even more. Customer retention is important for companies—it costs one tenth the amount to retain a customer than it does to get a new one—so they could easily offer great discounts just to keep you on their books. You could enjoy even bigger success if you do a bit of research to find a few alternatives, and if you pit a few companies against each other you could soon get them to lower their prices.
So, haggling really does work if you want to keep the cost of your private hire minicab insurance down. If you don’t ask you don’t get, so what are you waiting for? Get on that phone and start negotiations, and you could be well on your way to making some fantastic savings on your premiums.