Home | List of Articles | Submit an Article | Contact Us

How to Find Car Insurance Discounts

Saving money wherever you can is important to us all. Car Insurance should be no different. Do not assume that your insurance agent knows everything about you and your car. At HometownQuotes we go out of our way to find all the possible car insurance discounts that are available to each customer.

Drivers should take advantage of all discounts that many providers offer, that can significantly reduce the cost of car insurance. Understanding discounts and how they can affect car insurance premiums can help smart shoppers make better decisions about their coverage and possibly save themselves some money in the process.

Read below to identify possible discounts that could help you save money on car insurance this year. Other than discounts, there may be some other ways for you to save on your insurance premiums. We will go over several discounts that can help with your current situation.

First, there are discounts for Car Safety features. Certain states will give you discounts for anti-lock breaks. Make sure you know if it is two or four wheel anti-lock break vehicle. Automatic seatbelts and airbags are frequently discounted on your insurance premiums. In most states, a defensive driver class discount may apply. If the principal driver usually 55 years old or older has completed an approved defensive driving class a discount could apply. Keep in mind that most states will only approve this class if it is voluntary meaning that it was not the result of a violation or infraction.

Some insurers will give you a discount for having multiple cars. In some cases, this will only apply if you have two or more drivers. If you have a clean driving record, meaning you do not have any tickets, accidents or suspensions in the last three years (some companies require five years) then you could be eligible for a safe driver's discount.

Many insurance companies will reward you with staying with the same insurance company for many years without any accidents reported. They will offer you a renewal discount. It makes sense, you have carried insurance with a company for several years, and have not had an accident, your insurance company likes you and wants to reward and keep your business. Some companies honor you with a discount if you had prior limits on your previous policy. They discount you because they understand you are a better risk.

Conversely, if you do decided to change insurers a proof of prior insurance discount may apply. Most insurers request at least 6 months of consecutive insurance from the previous insurer. If you are a full-time student who meets certain grade requirements and are unmarried and usually under 25 years of age (some states the age is 21) you could be eligible for a good student discount. If you own a home, including condominium, town home, or mobile home, which is used as a principal residence, a discount could apply. Military personnel either currently active or retired from any branch of the US military a discount could apply. If your vehicle is equipped with an anti-theft device, a discount could apply.

You could lower the cost of your car insurance in other ways as well.

For people who own older cars, it may not be necessary or cost-effective to protect them with collision and comprehensive coverage. By comparing the book value of your vehicle and the premium that the insurer has offered, you may find that it cost as much for the insurance as it does for the vehicle. If the car is worth less than $2,000, you will probably spend more insuring it than it is worth. The whole idea of driving an older car is to save money, so why not get what is coming to you.

In addition, keep in mind that the type of vehicle you buy could greatly affect your premium. A flashy red sports car is usually going to cost more to insure than a mid sized sedan. This is also true of vehicles that are on the list of most stolen. There are many ways that policyholders can save on their insurance. Knowing more about auto policies and premiums can help consumers take advantage of less obvious discounts while ensuring that they have the appropriate protection for their vehicles. The last way to save is to assume more risk. If you chose higher deductible on your Personal Injury Protection or Comprehensive and collision coverage will lower your premium as well. The deductible is the amount of money you have to pay before your insurance company begins paying the rest.

Understanding how discounts affect your car insurance rates is important to save you money.

About the Author

Matt McWilliams is the Vice-President of Customer Relations for HometownQuotes.Com, the industry leader in providing insurance quotes for customers across the country. HometownQuotes.Com was founded in 2003 by insurance agents and has grown into one of the best-known ways for shoppers to find affordable insurance online.
Matt is originally from North Carolina where he spent way too much time playing golf.

Related Articles:

All About Car Shows: How To Plan In Phases - Rome was not built in a day and your car show won’t be either. You have to plan your event in phases and execute it in phases. What does that mean? Write everything you want in outline format. Designate a completion date for each item of responsibility. For example, you need to contact car clubs to display vintage cars well in advance of the show d ...

Is it Safe to Use Online Car Finance? - Online car finance is convenient. You can apply over the net and shop around for a good deal from the comfort of your home. But with the rise of scams on the net there are precautions you should take to make sure you are not being ripped off. Car Finance Safety Tips 1) If you are in an english speaking country, the websi ...

How Car Rental Agencies Can Make Your Trip That Much Easier - Car rental agencies, along with many other factors, have played a vital role in increasing the easiness of travelling by providing a service through which travelers can easily rent a car of their choice. One can rent a car of any color, shape and model at reasonable prices from these car rental agencies. A rented car, which has been rented from ...

The Details of Detailing Auto Detailer and Car Washing Rigs - Are you in the auto detailing or mobile car washing business? If you so you know the importance of image and why you must detail your own rig to attract business and build confidence in your customer. Keep your truck and equipment clean. This goes without saying; you are in the cleaning business. How can you tell someone you do “the best wash jo ...

Tips for maintaining your car battery. - You seldom think about your car battery until you are in a deserted parking garage late at night and your car won’t start. Then it becomes very important in your life. Car batteries require simple and routine maintenance in order to work properly over their lives. If you can open your hood and use a wire brush, you can maintain a car battery. First ...

Winter Car Care - As the weather turns colder, it is time to think about your car for a second. A little preparation can go a long way to making your winter travels a lot safer. Here is a checklist to get you started. 1.Check the antifreeze. The freezing point can be checked with a simple tool available at any auto parts store. Make sure you check the antifr ...

All About Car Donations - Copyright 2005 Dave Markel Car donations have become a great way to help charity. People simply offer their unwanted vehicle to a charity. The charity either has a lot where the car is sold or has an auction company take care of the sale. In the United States car donations are tax deductible. This has made car donations very popular. ...

For a Complete list of Articles with summaries Click Here