14 Extreme ways to lower your car insurance premiums

by Car Negotiation Coach

extreme ways to reduce car insurance premiumsEveryone has advice these days on lowering your car insurance costs.  Even your mother’s blog has a list of the “10 standard ways to reduce your premiums”.  So let’s break the mold and take a more imaginative look at saving some dough.  

Here are some radical new methods you may not have considered using to lower your premiums and keep them low.

 

 

  1. Become a full-time blogger.  Work from home and classify your vehicle as “recreational” to reduce your rates.  Even carpooling or telecommuting a couple days each week might warrant a reduction in rates based upon lower annual mileage. 
  2. Build a lair and establish a secret identity.  Or just be careful giving out your social security number.  Identity theft will hurt your credit score.  And your credit score not only affects your premiums, but also your financing.
  3. Take remedial math.   Students with good grades can qualify for discounts, so why not make it easier on yourself?
  4. Wrap your car in bubble paper.  Or just tell your agent about your air-bags, ABS brakes, and other safety devices to get a lower rate.
  5. Hire a limo,  take a cab, or invite your wet-blanket colleague out with the boys.  Just make sure that someone sober drives you home and you don’t get a DUI or your rates will skyrocket.    
  6. Drink less soda.  While it’s illegal for carriers to charge extra for most disabilities, some conditions like diabetes, epilepsy, and certain heart conditions are excluded and may negatively affect rates.  Try eating some pineapple stuffing or one of these chicken breast recipes instead of a cheeseburger.  Stay healthy my friends.
  7. Buy the insurance company.  Or if you don’t have a couple billion laying around, just get all your policies from the same company to take advantage of multi-policy discounts.
  8. Rob a convenience store.  Legal implications aside, if you can scrounge up the cash to pay your premiums 6 months in advance, you’ll probably get a better rate than monthly payments. 
  9. Get married.  Yup, single people pay more.
  10. Get a sex change (men only).  Ladies are less aggressive and considered less likely to be in an accident.
  11. Move to Conrad, IA (population 1600).  You’ll pay much less in rural areas than you would in the city.  Less people equals less chance of a fender-bender.
  12. Become a teacher, doctor, or scientist.  Based on broad stereotypes, some occupations will cause you to have lower premiums due to a perceived lower risk.  Oddly enough, some high premium professions are lawyers, comedians, and bee-keepers.
  13. Wait to drive until you’re over 25…over 55 is even better.  It’s simple, rates go down as you get older.   Going to prison or being in a coma might help pass the time, but I’ve never tried either so I can’t say for sure.  
  14. Call in a bomb threat.  Ok, please don’t do that. But definitely get competitive insurance quotes and then threaten to switch providers.  Insurance agents have the ability to negotiate and will often cut you a deal.  If not, just go ahead and change your provider.   Even if you leave in the middle of a policy period, insurance carriers are required to give you a pro-rated refund.

 Got any other creative ways to lower your premiums?

Want to buy a car near (or below) dealer cost?

Get the free 10-Day Car Buying Expert Email Course

For each of the next 10 days, I'll send you a powerful car buying technique that could save you big money on your next car purchase.You'll learn that the key to getting a good deal is to get car prices online and negotiate everything BEFORE going to the dealership.
how to buy a car onlineInternet car buyerYou'll learn:
  • How to buy a car at the best possible price (by making dealers compete)
  • When is the best time to buy a car?
  • How to find the best financing available (by making lenders compete)
  • How to sell or trade-in your car for maximum value
You'll also get instant access to your free personalized car buying strategy guide.

Become a Car Buying Expert Now!    
 Your NameYour Email We respect your email privacyPowered by AWeber Autoresponder 

{ 4 comments… read them below or add one }

Jesse

I can see why most of these exist..all except #10. Men may be more aggressive but they are notably more one track minded. When driving, they drive. Women on the other hand are so all over the place and have a hard time paying attention to just the road when driving. (don’t blame me, science says :) )

I have never seen a man feed his kids from the driver seat, or eat a bowl of soup (With a spoon!) while entering the freeway.

Just my opinion on that one :) and no offense meant to you women out there that have mastered the road.

Barb Friedberg

I love this post!!! I love to laugh and it is awesome. Lucky I don’t have to have the sex change operation. You forgot one: drive a really OLD car, the insurance is dirt cheap! Best, Barb
ps I tweeted and stumbled it!

Joe Plemon

Awesome post. I never, ever laughed while reading about insurance until now. And I learned a few things along the way, like it is nice to be over 55. :)

Forest

Ha ha, I see the headline now “Sexchange hermit robs convenience store to save on car insurance premiums”

Cool post :)

Leave a Comment