As auto insurance rates keep increasing, cost concious people are looking for discounted car insurance rates. There are several assorted types of price reductions available and if you can save a little money, then why not? Below is a list of general discounts that may be available to you. Check with your insurance firm to see if you’re entitled.
Individual Car Insurance Price Reductions
Person-related price reductions are ones that depend on the driver’s own personal situation, status and driving history.
Attending Traffic School If by any chance you have recently got a ticket, you may attend traffic school either online or through a traditional setting to have your ticket expunged from your driving history. Indirectly, this will have an effect of lowering your automobile insurance rates
Good Student discounts. Insurers know that students with higher GPAs have a lower risk of being involved in an accident. Therefore, they will usually offer deductions on your insurance.
Professional Credits. Some insurance agents offer discounts if they belong to certain organizations or profession, like scientists, doctors etc.
Senior Citizen Discount. If youre a mature driver, aged 55 or over and have completed a Defensive Driving course being offered by the DMV in your state, then you may qualify for a discount.
Loyalty Programs. Staying with the same insurance provider for several years and maintaining a clean driving record will give you a positive history with them. Many times, the insurance company will reward you with your loyalty with cheaper insurance quotes.
Keep a Clean Driving Record. If you’ve not been involved in any car accidents or have had any tickets for traffic violations, you should be able to get your insurance premiums reduced.
Multi-line car insurance Discount. If you have more than one type of insurance policy with the same auto insurance underwriter, many times you’ll also be able to get better automobile insurance quotes from them.
Vehicle-Related Price Reductions
It doesn’t come as a surprise that when getting a car insurance policy, the insurance agent takes a look at your car. Some of these auto insurance discounts are given because you’ve bought a safe car.
- Car Air Bags. There are many types of airbags: front, rear, side-curtain, etc. The better you’re protected, the cheaper your automobile insurance rates could be.
- Anti-Lock Brakes System (ABS). Many cars on the road today are equipped with ABS. Many automobile insurance companies offer deductions if your car is outfitted with this type of braking system and many states even require the insurance firm to do so.
Anti-Theft Devices. Installation of anti-theft devices like LowJack is a way to get lower auto insurance rates. There may be an added bonus if the alarm automatically activates when the car’s turned off.
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This entry was posted
on Thursday, February 26th, 2009 at 6:20 pm
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