For the majority of us haggling is only something we associate with market stalls, not really reaping the benefits of haggling in any other part of our lives. However, of late we have seen more and more haggling in the insurance market, with many companies overpricing premiums, thus causing customers to haggle. With taxi insurance being an important outlay for new and existing drivers alike the cheaper the premium the bigger the business profits, therefore competitive rates and an assortment of serving features is essential. At High Gear we work in a very separate manner to others, finding out what budget our customers have set aside for insurance and working to get them the price. ‘Offering such an honest service means that drivers do not have to haggle when coming to us’ says Imran Ahmed of High Gear. ‘Unlike many other brokers we work with our customers rather than against them’. What the authorities say The Association of British Insurers (ABI) says that motor insurers are committed to giving all customers the best possible insurance deal. It said: ‘They value their existing policyholders and will look to attract new customers. Motor insurance is highly competitive and evidence shows that nearly three-quarters of customers shop around between insurers to get the best deal. ‘When shopping around it is important to compare the cover between policies and not just the cost.’ ‘For example, does a cheaper quote come with a higher policy excess (the first part of each claim that you pay yourself) and does your existing insurer offer any additional benefits, such as discounts on other insurances, that are of value to you.' Tips for getting cheap taxi insurance  Where we do not encourage haggling we do want our customers to receive the best deal they possible can. So here are a few tips to make sure of when getting a taxi insurance quote:

• Be polite and approach salespeople with a friendly tone
• Know what you want
• Do your research
• Find out the pros and cons of all cover proposals