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