Car Insurance Discounts

Understanding how discounts affect your car insurance rates is essential to save your money.
Do not assume that your insurance agent automatically knows everything about you and your car and will optimize your rates.
Is up to you to have the information needed and be able to choose an affordable option.

Reading below will help you to identify possible applicable discounts that can save you money

There are discounts for Car Safety features.

• Automatic seatbelts and airbags are frequently discounted from your insurance premiums.
• In certain states you can get discounts for anti-lock breaks.
  
  

Some unusual discounts.

• If you are a full time student who meets certain grade requirements and are unmarried and usually under 25 years of age (in some states the age is 21) you could be eligible for a good student discount.
• If you own a home, including condominium, town home, or mobile home, which is used as a principal residence, a discount could apply.
• Military personnel either currently active or retired from any branch of the US military may receive a discount.
• If your vehicle is equipped with an anti-theft device, a discount could apply.

• In most states, a defensive driver class discount may apply.
  If the principal driver usually 55 years old or older has completed an approved defensive driving class a discount could apply.

More usual discounts

• Some insurers will give you a discount for having multiple cars.
• Insurance companies will reward you with staying with the same insurance company for many years without any accidents reported.
• Usually is not cost effective to protect older cars with collision and comprehensive coverage.
  If the car is worth less than $2,000, you will probably spend more insuring it than it is worth.
• The type of vehicle you buy could greatly affect your premium.
  Sports cars are usually more costly to insure than a mid sized sedan.
• Vehicles that are statistically more stolen rise your premium costs.
  
• Many insurance companies will reward you if you stay with them for many years without any accidents reported.
• More often than not having different insurance policies in the same company helps to reduce premium costs.
• If you can have your home insurance, car insurance and life insurance in the same place you can receive discounts.
• In many states young female drivers get lower rates than young males and can even get more discounts depending on:

-Driver’s education
-Good marks in school
-Low mileage driver

Finaly you have the choice to assume more risk, Choosing higher deductible on your Personal Injury Protection or Comprehensive and collision coverage will also lower your premium but you must to decide whether the monthly savings are worth the risk of paying more in the event of an accident.

The deductible is the amount of money you have to pay in case of accident before your insurance company begins to pay the damages.

To find the best offers you can try our free quote engine to search for the most valuable options in the market and receive a personalized answer.