Auto insurers tend to give price breaks to people who appear to be less risky to insure, but a lot of the indicators of risk are things that you can’t change, like age and gender. However, there are some steps you can take that may get you a discount on your premium. The following is a list of some of the most common car insurance discounts.
- Good driver: If you have been licensed for three years and have a clean driving record, you may be rewarded with a good driver discount.
- Good student: If you or someone on your policy is in high school or college and has a B average or higher, your insurer may provide a discount. The insurer may need proof before granting the discount.
- Vehicle safety features: You may be able to get a discount on your personal injury protection (PIP) or medical payments (med-pay) coverage if your car is equipped with safety features such as air bags or seat belts. Depending on the type of car you drive, this discount may be automatically factored into your quote.
- Antilock brakes (ABS): You may be able to get a discount on liability coverages if your car is equipped with antilock brakes.
- Multicar: Many insurers provide a discount to policyholders who insure more than one vehicle through them.
- Low mileage: The less time you spend on the road translates to a lower likelihood of being involved in a collision. Insurers often reward low-mileage drivers with cheaper coverage.
- Driving courses: For younger and older motorists, completion of a state-approved driving course may be rewarded with a discount from your insurer. You may want to check with your insurer about which courses can help you get cheaper coverage.
Some of these discounts may be automatically factored into your quote based on the type of car you drive. For others, you will need to find out what discounts an insurer offers and then let a representative know whether you’re eligible. Not all insurers will have the same discounts, so make sure to get some specifics directly from a company representative.