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With rising auto insurance rates, cost concious people everywhere are looking for ways to get car insurance discounts. And why not? If it can save you some money then go for it, right? Well, there are many ways to get discounts on automobile insurance. Try to check if you or your car is eligible for the following deductions but remember that these are general price reductions, you have to inquire with your auto insurance agent if they offer them.
Individual Insurance Discounts
These discounts are usually given based on your performance as a driver and policy owner. The other discounts are given based on your present status in life.
Going to Traffic School If by any chance you have received a speeding ticket, you may attend traffic school either online or through a traditional setting to have your ticket expunged from your driving record. Indirectly, this will have an effect of lowering your yearly auto insurance costs
Good Student deductions. Insurers know that students with higher GPAs have a lower risk of being involved in a car accident. Therefore, they will usually offer discounts on your automobile insurance.
Belong to a Professional Organization. Many times, if you belong to a trade or professional organization, you’ll be able to receive additional price reductions on your car insurance. This can include professions such as surgeons, pharmacists, scientists, etc.
Senior Citizen Discount. If youre a mature driver, aged 55 or over and have completed a Defensive Driving course being offered by the DMV in your state, then you may qualify for a discount.
Loyalty Programs. Staying with the same insurance agent for several years and maintaining a clean driving record will give you a great history with them. Many times, the insurance firm will reward you with your loyalty with special insurance rates.
Uphold a Good Driving Record. Your unspoiled driving history will also allow you to receive car insurance discounts. Some insurance agents offer up discounts for drivers and insurance policy holders who have not been in accidents or have not received any traffic tickets for a certain period of time.
Home + car insurance Packages. Your insurer may give you multi-line deductions if you insure your home and other cars with them as well.
Car-Related Deductions
Your car is a huge factor in ascertaining how much you’ll be giving for car insurance. Depending on the overall safety and other features of your car, you can get certain discounts on insurance.
- Car Air Bags. There are many types of airbags: front, rear, side-curtain, etc. The better you’re protected, the bigger the discount you may be able to receive.
- Anti-Lock Brakes System (ABS). Many cars on the road today are equipped with ABS. Many car insurance firms offer discounts if your car is outfitted with this type of braking system and many states even require the insurance provider to do so.
Anti-Theft Devices. Installation of anti-theft devices like LowJack is a way to get cheaper automobile insurance. There may be an added bonus if the alarm automatically turns on when the car’s turned off.
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