The best time to find cheap car insurance is when the economy is suffering and that is now. Insurers are common place and there is so much competition in the market with companies all fighting for new clients that it is quite possible to play the quote you get for cover from one company against the next. Most insurers will be willing to bend and come down on the prices and costs in times of financial difficulty and give you a better deal. Even if you cannot get the actual monthly premium cost lower you will still be able to negotiate a deal to be able to pay a lower excess fee in the event of a claim.
When looking to find cheap car insurance the best approach is to first start getting different quotes from insurers and comparing them against each other. You can get quotations either by filling in simple request forms on the company websites or by phoning the insurers support line and going through the question process before they tell you the price on the phone. This is where you have the best chance of negotiating the best deal for your vehicle cover package.
For example, lets say that at the moment you are paying your current provider a monthly fee of R650.00 per month for vehicle cover. You have got a quote from Dial Direct for R580.00 and another one from Budget Insurance for R450.00. Now you call another provider such as OUTsurance on their support number and you go through the process of answering all the questions and giving your information for a quotation. Finally, over the phone they give you a price and a quote of say R530.00 per month. That premium is higher than the Budget Insurance quote but lower than the one from Dial Direct.
There is nothing wrong with you negotiating this cost. You are quite within your rights to tell them that you got a lower quotation from another company and they may very well offer to beat that price or at least match it, maybe with a more favourable excess amount for you. With the economy taking a bit of a knock in recent times a lot of people are looking at ways to cut down on their monthly costs so the insurers are competing all the time which puts you in a stronger position to negotiate and find cheap car insurance cover more easily.