InsuranceThought — Blogs About Insurance

Save on Your Auto Insurance when You Qualify for Discounts

Auto insurance companies want your business, especially if you’re a good insurance risk, so much so that they will often offer a discount to customers who fit the description of “good risk.” When asking for quotes be sure to ask companies about any discounts they offer. If you qualify, it can significantly lower your auto insurance payments.

Driving Discounts

If you do have a clean driving record, you’re just the type of client auto insurance companies desire, so they will most likely offer you a discount. Auto insurance is generally lower for those who haven’t been the cause of any accidents for three years or more. A three year period with no speeding tickets or other moving violations could also ensure an auto insurance discount; insurance companies view clean driving records as evidence of practicing safe driving habits.

If you’re a new driver, it’s likely you are paying rather high auto insurance rates. Many companies offer a discount to any new driver who takes a defensive driving course. If you don’t drive your car very often, be sure to let your insurance company know; low annual mileage usually means a lower premium.

Auto Insurance Companies and Vehicle Safety

Auto insurance companies are also partial to safer vehicles. Safety features reduce the chances of injury if you’re involved in an accident. Cars with airbags and antitheft devices may qualify for insurance discounts as well.

Extra Cars and Homeowner Insurance

If you carry multiple policies with your insurance company, you will more than likely receive a discount. Additionally, if you use the same insurance company for your homeowners and auto insurance, you may also qualify for a discount.

Other Discounts

Auto insurance companies usually offer lower auto insurance rates for other reasons as well. Drivers over the age of fifty often receive age-related discounts. Students with good grades may also qualify for a discount. If you’re part of a carpool, you may also qualify for lower auto insurance rates. And, certain occupations, such as teacher, may receive discounted rates as well.

Contact your agent to be sure you’re receiving all the auto insurance discounts available to you!