You do not have to be the best driver on the road to be eligible for discounts through your insurance company. Asking about available discounts is a great way to lower your premium. Here is a list of possible discounts that may be available to you through your auto insurance company.
- Multi-Vehicle or Multi-Driver Discount
If your policy/household insures more than one vehicle through the same insurance company it is likely you will qualify for a discount. This holds true for having multiple drivers in the household all insured by the same company as well.
- Multi-Line Discount
This is available to you if you purchase your homeowner or renter insurance policy through the same company that you have your car insurance. Some companies only sell auto insurance, so this would not apply.
- Safe Driver
This is typically for the driver that has not had any accidents, tickets or claims in the last three to five years or even longer. This discount is applied. Companies verify this discount by checking your driving record.
- Safety Features
Car safety features are items such as airbags, automatic seatbelts, and anti-locks brakes. This is a good list to have when shopping for a new car. These are easy discounts to obtain.
- Anti-Theft Devices
Devices such as car alarms, VIN etched windows, Lojack, On Star, or disabling devices such as fuel or ignition cut-off switches.
Other Limited Available Discounts:
- Defensive Driver or Safety Course
In certain states if you have taken a defensive driver or car safety course you will be able to get an insurance break.
- Good Student
In some states if you are a full-time student and maintain a B grade point average or above you can qualify for a discount.
In certain states, active or retired military members may be able to take advantage of a price reduction. There are also other special discounts if the personnel are shipped overseas.
- AARP/AAA/Firemen Groups
Members of this and other organizations can get affinity discounts if they are active members.
- Profession Based
A few companies have done risk studies and found that people with college degrees and in certain professions are less likely to have claims. A few of the professions that might be available for this type of discount are educators, engineers, and scientists.
These are not necessarily the only discounts available to you through your insurance company or in your specific state. To find out what discounts you may be eligible for ask your agent or insurance representative.