Finding cheaper insurance is a priority for many drivers. There are
several ways you can save money when buying insurance. Qualifying for
discounts is a common way to save hundreds of dollars annually on
insurance costs. Consider the following discounts when comparing car
insurance quotes.
Common Discounts
You can rely on most insurers to offer a particular set of discounts.
Although the amount of discounts can vary among insurers, the following
are popular discounts provided by most major insurers:
- Safe driver - by maintaining a clean driving record for a number of years, you can save as much as 10% on premiums.
- Good student - high school and college students under the age of 25
who maintain a "B" average can get a 15% reduction on insurance.
- Multi-car - families can save at least 10% by insuring all vehicles through the same agency.
- Safe vehicle - insuring a car with anti-lock brakes, airbags,
automatic seat belts, and anti-theft devices can qualify you for 40% or
more off annual premiums.
- Multi-policy - save an additional 25% when you buy your car, life, and home insurance from the same insurer.
Drivers who qualify for several of these discounts can save over 50%
on premiums. You will need to check with each insurer to see which
discounts they offer.
Hidden Discounts
In addition to these common discounts, there are other discounts
available that may be less familiar to drivers. Not all insurers offer
these discounts:
- Early signing - switching to a new provider before your existing
policy expires can save you between 5% and 10% on your new policy.
- Low mileage - retirees, self-employed individuals who work at home,
and even drivers who live close to their work may be eligible for 10%
off premiums because they are on the road less which reduces their risk
of being in an accident.
- Payment plan - you may get up to 5% off premiums just by setting up
automatic payments for monthly plans. Or you can save 10% if you pay
your policy premium in full.
Car insurance quotes are the best way to buy coverage today. When comparing car insurance quotes with this
perfect online service,
you need to know which discounts are applied to each quote so you can
determine if you are getting a good deal or not. Use the best quote to
buy a policy that meets your needs!
