Do You Qualify For These Common Auto Insurance Discounts?

Everyone loves to save money, especially when it comes to monthly expenses like auto insurance. Although most people know about full payment and paperless billing or automatic payment discounts, there are quite a few discounts that providers offer to help you save money on your premiums. The only catch is that you won’t know what you may qualify for and how much it will save you unless you ask.

Multi-Policy

Auto insurance providers love when customers are loyal, and to reward those customers, they offer special discounts for having multiple policies. Aside from already owning several policies with one provider, you may want to consider switching providers in order to qualify for this discount of up to 25% off of your policies. The good news with this particular discount is that most, if not all, providers offer it; you just have to find out which types of policies qualify.

Anti-Theft

Providers like to reward customers that take the protection of their vehicle from theft very seriously. If you’ve already invested in anti-theft equipment for your vehicle or your vehicle comes fully equipped with such features, then you’re likely to qualify for this common discount. The good news is that as long as you keep the vehicle, you’ll qualify without having to do anything extra. The same is true for other safety features like anti-lock brakes, passive restraint such as air bags, motorized seat belts, and daytime running lights.

Multi-Car

It is not uncommon for a family to have several drivers with multiple vehicles. Instead of having different policies for each driver from different providers, why not have everyone on the same policy? It could save you a bundle. Much like the multi-policy discount, the multi-car discount could save upwards of 25% off of your monthly premium. However, unlike the multi-policy discount, there are usually no circumstances that would void you from qualifying. As long as you have multiple cars, you should qualify.

Green Vehicle

Auto insurance providers are very much into preserving the environment. That’s why some offer discounts for driving a green vehicle. What qualifies as green? A hybrid vehicle or one that operates on alternative fuel vehicle qualifies, but be sure to check with your provider to confirm. Your provider may also include electric cars and similar types as qualifiers for this particular discount.

Safe Driver/Accident-Free

One of the more common, if not the most common, discounts that auto insurance providers offer is the safe driver or accident-free discount, depending on the provider. Essentially, the only way to qualify for this discount is to have a clean driving record that is free of accidents, moving violations, and any other blemishes on your record. Your provider will be able to tell you the exact criteria that must be met in order to qualify, including how long your driving record must be blemish-free. Although the length of time can vary from provider to provider, it can be as short as a couple of years.