posted on February 28th, 2009
With sky-rocketing car insurance premiums, intelligent car owners everywhere are looking for ways to get deals on car insurance. And why not? If it can lower the amount you pay then go for it, right? Well, there are many ways to get price reductions on auto insurance. Try to check if you or your car is eligible for the following discounts but remember that these are general discounts, you have to inquire with your insurance agent if they offer them.
Personal Insurance Discounts
These discounts are usually given based on your performance as a driver and insurance policy holder. The other deductions are given based on your present status in life.
Attending Traffic School If by any chance you have been recently 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 monthly car insurance rates
Good Student price reductions. Insurance underwriters know that students with higher grades are at lower risk of being involved in an accident. Therefore, they will usually offer deductions on your insurance.
Belong to a Professional Organization. Many times, if you belong to a trade or professional organization, you’ll be eligible to receive additional price reductions on your auto insurance. This can include professions such as doctors, pharmacists, engineers, etc.
deductions for senior citizens. People over 55 can usually receive deductions on their automobile insurance. Sometimes, you may also need to take a defensive driving course to qualify for the rate cut. Find out from your local DMV to find out what classes are available.
Loyalty Programs. Staying with the same insurance underwriter for several years and maintaining a clean driving record will give you a positive history with them. Many times, the insurance provider will reward you with your loyalty with special insurance quotes.
Keep a Clean Driving Record. If you’ve not been involved in any car accidents or have had any tickets for traffic violations, you should be able to get your automobile insurance costs reduced.
Home + Car Packages. Your insurance carrier may give you multi-line discounts if you insure your house and other cars with them as well.
Car-Related Discounts
It doesn’t come as a shock 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 installed additional safety features.
- Air Bags. They present an added safety feature to your car and insurers love these.
- Anti-Lock Brakes System (ABS). Many automobiles on the road today are equipped with ABS. Many insurers offer deductions if your car is fitted with these types of brakes and many states even require the insurance company to do so.
Anti-Theft Systems. Any type of add-on to deter some individual from breaking into or stealing your automobile can also provide you with cheaper insurance costs.
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This entry was posted on Saturday, February 28th, 2009 at 2:35 pm and is categorized in
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