With rising automobile insurance costs, cost concious people everywhere are looking for ways to get discounted auto insurance quotes. And why not? If it can lower the amount you pay 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 insurance agent if they offer them.
Personal-Related Discounts
Person-related price reductions 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 received a speeding ticket, you may attend traffic school either online or through a traditional setting to have your ticket expunged from your driving record. Indirectly, this will have an effect of lowering your monthly car insurance rates
Good Student deductions. Insurance underwriters know that students with higher GPAs are at lower risk of being involved in a car accident. Therefore, they will usually offer price reductions on your insurance policy.
Professional Credits. Some agents offer discounts if they belong to certain organizations or profession, like engineers, nurses etc.
price reductions for senior citizens. People over 55 can usually receive deductions on their auto insurance. Sometimes, you may also need to take a defensive driving course to qualify for the insurance discount. Verify with your local Department of Motor Vehicles to find out what courses are available.
Loyalty Credits. If you’ve been a loyal, solid, long-standing client of your insurance provider, they may reward your business with discounts too.
Sustain a Good Driving Record. Your unspoiled driving history will also let you get automobile insurance deductions. Some auto insurance agents offer up 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.
Homeowners + Car Packages. Your insurer may give you multi-line price reductions if you insure your home and other automobiles with them as well.
Car Based Insurance Deductions
The type of car you drive can be a huge factor in defining the amount you pay for auto insurance. There are also extra features that you can add to your car to make it less costly to insure.
- Car Air Bags. There are multiple types of airbags: front, rear, side-curtain, etc. The more you’re protected, the larger the discount you may be able to receive.
- Anti-Lock Brakes System (ABS). Many automobiles on the road today are equipped with ABS. Many insurance companies offer deductions if your car is stocked with this type of braking system and many states even require the insurance company to do so.
Anti-Theft Devices. Installation of anti-theft devices like alarm systems is a way to get insurance discounts. There may be an added bonus if the alarm that you installed automatically turns itself on when you turn the car’s engine off.
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