Can one negotiate insurance premiums to differ from the established formula of the insurance company?

[Kross]

I want to believe that insurance providers have frameworks that they use to operate. And that would include the formula for insurance premium to be determined.

For someone that wants to buy an insurance plan, can they negotiate their premiums outside that framework?

 

[Nomad]

Well, I don't think it is possible to negotiate your insurance premiums. You need to pay the premium set by the company

 

[Trush Jodie]

If your conditions are very peculiar and different, it is possible to negotiate the amount you have to pay as insurance premiums. It happens here.

 

[Springtime]

Here, we cannot negotiate insurance premiums with the insurance companies. We have to pay the amount they set.