With increasing car insurance premiums, automobile owners everywhere are looking for ways to get car insurance discounts. And why not? If it can put cash in your pocket then go for it, right? Well, there are many ways to get deductions on car insurance. Try to check if you or your car is eligible for the following discounts but remember that these are general deductions, you have to inquire with your car insurance agent if they offer them.
Individual-Associated Discounts
Person-related deductions are ones that depend on the driver’s own personal situation, status and driving record.
Taking a Traffic School Class If by any chance you have recently been ticketed, 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 auto insurance costs
Good Student Discounts. You may also take into consideration your childs GPA to get automobile insurance price reductions. If youre insuring your child who drives and he satisfies the GPArequirements of the insurance agent, you may ultimately receive deductions as well.
Professional Credits. Some insurance firms offer price reductions if they belong to certain organizations or profession, like scientists, surgeons etc.
Senior Citizen Discount. If youre a mature driver, aged 55 or over and have completed a Defensive Driving course being offered by the Department of Motor Vehicles in your state, then you may qualify for a discount.
Loyalty Credits. If you’ve been a loyal, solid, long-standing customer of your insurance agent, they may reward your patronage with deductions too.
Keep a Good Driving Record. Your unspoiled driving history will also reap its rewards in the form of car insurance price reductions. Some insurance companies offer price reductions for drivers and insurance policy owners who have not been in accidents or have not received any traffic tickets for a certain period of time.
Multi-line Insurance Discount. If you have more than one type of insurance policy with the same insurance company, many times you’ll also be able to get better insurance quotes from them.
Vehicle Based Insurance Price Reductions
It doesn’t come as a surprise that when getting a car insurance policy, the insurance provider takes a look at your car. Some of these auto insurance discounts are given because you’ve made your car safe and insurance-friendly.
- Air Bags. They present increased safety to you and your car and insurance underwriters love these.
- Anti-Lock Brakes System (ABS). Many automobiles on the road today are equipped with ABS. Many insurers offer price reductions if your car is fit with these types of brakes and many states even require the insurance company to do so.
Car Alarms and Anti-Theft Devices. Any type of add-on to keep a person from breaking into or stealing your automobile can also provide you with cheaper auto insurance rates.
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This entry was posted
on Wednesday, February 18th, 2009 at 2:02 am
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