Understanding car insurance discounts
Everyone wants to pay less for their car insurance. It's a natural reaction to an often expensive necessity. So here's a snapshot of the available discounts. If you think you're eligible, make sure they are included in your next car insurance quotes. Don't be a dummy and get taken for a ride!
Are you eligible?
Strength in numbers
There are two different discounts for giving more business to one insurer: the first is for insuring multiple vehicles, the second is for buying policies of different types, e.g. home and car insurance
No, really, I've got the money!
If you pay the annual premium upfront, you usually earn a discount or avoid administrative and interest charges
Don't leave me never
This usually kicks in once you have stayed with the same insurer for three years
Paper went out with the dinosaurs
You save by moving online and paying the premium installments automatically
What type of vehicle?
"Go green"
Many insurers now offer discounts if you buy a hybrid or plug-in vehicle
Don't ride a bucket
Discounts are available if your vehicle has anti-lock brakes, passive restraints and other safety features fitted as standard
Save yourself
Discounts for keeping your vehicle inside a garage overnight and fitting anti-theft devices
Walking keeps you fit
Leaving the car at home whenever possible keeps your mileage low. The less you drive, the lower your premium
Who are you anyway?
Good boy/girl
If you maintain a good GPA and stay longer in the education system, you pay less
Are you a safety guru?
The longer you drive without picking up a ticket or getting into an accident, the lower your premium
Go Nuts-less
Defensive drivers who prove themselves by going through an authorized course usually pay less
Your country needs you!
The car insurance industry supports America! Serving members of the military get discounts from the most patriotic insurers
Deliberative Jumper
Most insurers offer a welcome bonus for anyone who leaves their current insurer before the policy expires