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Save money on your auto insurance with these discounts

Over the years, we've all seen auto insurance commercials highlighting the various discounts available in the insurance industry.

While many are familiar with the standard discounts like multi-policy and multi-vehicle, there are additional lesser-known discounts that drivers may be unaware of. To help you potentially save money on your auto insurance, we've compiled a list of some of these additional discounts offered by various insurance companies.

Remember to consult your local insurance agent to determine which discounts apply specifically to your situation, as they can vary by state.

Here are some possible auto insurance discounts worth exploring:

  • Multi-Policy: Bundling multiple policies such as auto insurance, home insurance, and boat insurance with the same carrier can lead to savings.
  • Good or Distant Student: If your student maintains good grades (as specified by the insurer), they may be eligible for a good student discount. Providing the insurer with a transcript usually serves as proof. Moreover, if your student attends college far away from home (typically over 500 miles, but this can vary), you may qualify for a discount on the vehicle since it is driven less frequently.
  • Education Level: Drivers holding advanced degrees, such as a bachelor's degree, may qualify for a discount, similar to the good student discount.
  • Defensive Driver: Completing a carrier-approved defensive driving course could earn you a discount on your auto insurance policy. However, be aware that this type of discount may be limited to certain age groups, so check with your insurance agent.
  • Multi-Vehicle: Insuring multiple vehicles with the same carrier may result in a small discount.
  • Green Vehicle: If you drive an electric or hybrid vehicle, you may be eligible for a discount. Consult your agent to determine if your vehicle qualifies.
  • Anti-Theft: Vehicles equipped with anti-theft systems are statistically less likely to be stolen, making them a lower risk. As a result, you may be entitled to a small discount if your vehicle meets the criteria.
  • Anti-Lock Brakes: Most new vehicles come standard with anti-lock brakes. Inquire with your insurance agent to see if your carrier offers a discount for vehicles equipped with this safety feature.
  • Safe Driver (Accident-Free): Many major insurance carriers reward safe driving by offering discounts to drivers who have been accident-free for a certain number of years. The specific criteria can vary between insurance carriers. Some carriers send you a check throughout the year if you are accident-free.
  • Military: Active and veteran military members often qualify for discounted auto insurance. Verify with your insurance agent to determine if you are eligible.
  • Early Quote/Signing: If you're considering changing insurance carriers or upgrading your auto insurance, obtaining a quote (and signing up) before your current policy expires may entitle you to a discount. Be sure to check with your agent, as you may need to obtain a quote within a specific timeframe before your policy expiration date.
  • Paid-in-Full: Opting to pay your auto insurance policy in full can result in a cost reduction compared to monthly payments. The discount will be reflected in the price presented to you.
  • Paperless: If you prefer electronic statements over paper statements, you may be eligible for a discount. Most major insurance carriers offer discounts to customers who choose automatic billing and receive emails instead of paper statements.
  • Loyalty: Remaining with your insurance carrier for three or more years may earn you a discount at each loyalty milestone. These rewards often extend beyond policy cost reductions and can even include accident forgiveness.

In summary, familiarizing yourself with the various auto insurance discounts available can help you save money.

Keep in mind that discounts can differ between insurers and states, so consulting your local insurance agent is crucial for determining which ones apply to you.

If you’d like to save on your auto insurance, call our independent insurance agency. We represent multiple top-rated insurance companies and can find you the coverage and pricing that suits your situation best.