Owning a car can be expensive and part of that expense is related to car insurance. There could be a dozen different opportunities for you to save money on your car insurance premiums. These tips will help you cut down on your insurance costs but still remind safe and secure while traveling in your vehicle.
10 Car Insurance Discount Tips
Multiple Discount – You can save money on your car insurance if you also have renters, homeowners or other insurance policies with the same agency. Another bonus to have all your insurance needs in one place is that you are dealing with one company, one agent and not many.
Safe Driver – When you are considered a safe driver you can see discounts up to 45% which is HUGE! So keep your diving record clean and it could save you big time.
Keeping Up Your Grades – If you have a child in college under your policy, you can see if your insurance company offers a discount when a child gets good grades. Auto insurance companies will frequently offer discounts to young drivers who maintain a B average.
Drive A Safe Vehicle – The better your car is equipped to keep you safe from harm, the bigger the savings you’re likely to see on your car insurance bill. F
Vehicle Has ABS – Having an anti-lock brake system makes it easier for you to handle sudden stops, and it keeps your brakes from locking up. By having a ABS system in your vehicle you could save about 10% on your insurance premiums.
Install An Anti-Theft Device – Newer vehicles have a anti-theft device but even that can’t stop a car theft. When you install a system like the 911Tracker you may automatically get another discount, which could save you about 10% off your premium.
Sign Contracts Early – Do not wait until your policy’s expired to renew or switch to a different auto insurer. Many auto insurance companies offer discount incentives for early signing, potentially knocking off another 10% off your bill.
Automated Payment – If you set up a form of automated payment you could also possibly get a discount off your bill, just check with your insurance company.
Military Discount – Anyone who has been in the military knows that military discounts plentiful. Many auto insurance companies provide discounts for current and former members of the military and their families.
Low Mileage – The idea behind a low mileage discount is that the less you drive the less chance you have of getting into an accident and causing the insurance company money. If your insurance company offers this type of discount you could save as much as 10-15% off your premium.
Defensive Driver Discount – Ask your insurance company about discounts if you take a defensive driver course. Again, not every insurance company offers a discount but if they do, it might be worth 10% off your premium. As a bonus you end up learning some important defensive driving techniques that will help you avoid accidents and keep you and your family safer while on the road.
There are so many ways to save money on your car insurance that you can easily take advantage of just by giving your insurance agent a call. You might be only eligible for one or two but every discount adds up which means more money in your pocket. What are some ways you have saved money on your car insurance?