Guide to Getting Deals on Car Insurance

With elevating car insurance costs, automobile owners everywhere are looking for ways to get discounted auto insurance rates. And why not? If it can put cash back into your pocket 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 price reductions but remember that these are general discounts, you have to inquire with your auto insurance agent if they offer them.

Personal-Associated Deductions

Person-related deductions are ones that depend on the driver’s own personal situation, status and driving history.

  • Attending Traffic School If by any chance you have recently got a 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 automobile insurance premiums
  • Good Student deductions. Insurance agents 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 policy.
  • Professional Credits. Some insurance firms offer price reductions if they belong to certain organizations or profession, like scientists, medical professionals etc.
  • Senior Citizen Discount. If youre a mature driver, aged 55 or over and have completed a Defensive Driving course being offered by the DMV in your state, then you may qualify for a discount.
  • Loyalty Credits. If you’ve been a loyal, solid, long-standing customer of your insurance agent, they may reward your business with deductions too.
  • Keep a Good Driving Record. Your unspoiled driving history will also provide you with automobile insurance price reductions. Some auto insurance companies extend deductions for drivers and insurance policy owners who have not been in accidents or have not received any traffic violations for a certain period of time.
  • Homeowners + auto insurance Discounts. Your insurance agent may give you multi-line discounts if you insure your household and other vehicles with them as well.

    • Vehicle Based Insurance Discounts

    Your car is a huge factor in ascertaining how much you’ll be shelling out for auto insurance. Depending on the overall safety and other features of your car, you can pay less for car insurance.

    1. Air Bags. They present more safety to you and your car and insurance companies love these.
    2. Anti-Lock Brakes System (ABS). Believe it or not, some states require that insurance firms give price reductions to clients whose automobiles are equipped with ABS.

      3. Anti-Theft Devices. Installation of anti-theft devices like car alarms is a way to get lower insurance rates. There may be an added bonus if the alarm automatically turns on when the car’s turned off.

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    This entry was posted on Thursday, February 19th, 2009 at 5:55 am and is filed under House Of Insurance, Money + Finance, Wheely Feelies. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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