Does your car have daytime running lights? Are you a good student? Have you ever taken a driving or safety course? Do you regularly use seat belts? Well, these questions may not apparently have a link with your auto insurance rates, but you will be surprised to know that they do. If you own a car with daytime running lights or you have been a good student at college, or you regularly use seatbelts while driving, your insurance agent is likely to slash the quote.
Find out below, what else you can do to get auto insurance discounts.
Discounts for Senior Drivers
As you grow old, insurance companies assume you to be more mature with your driving. Therefore, senior citizens get to pay lesser for their insurance policy than younger drivers. Since it’s the younger lot who mostly gets into accidents, the insurance rates they receive are much higher.
It’s vital that you talk to your insurance agent and ask if there are auto insurance discounts available for senior drivers. It is least likely the agent will inform you on his own unless you make an attempt to ask him.
Low Mileage Discounts
Insurance rates are mostly dependent on risk. If the insurance provider believes you are less likely to get into an incident, they will reduce the insurance rate.
Mileage appears to have a direct influence on your auto insurance rates. If you don’t drive much, you might be eligible for a discount. Some insurance companies offer discounts if their customers drive lesser than a certain limit – commonly 15,000 miles an year.
Talk to your agent about your driving habits and he will probably cut on your premium rates.
Discount on Transfers
In order to attract customers, insurance companies offer discounts if you decide to switch to their policy. Car owners who already have a car insurance policy can transfer over and avail some discount.
Group Discounts
Insurance firms will provide you with a discount if you belong to a particular group or profession. Federal employees and military personnel, for instance, are sometimes offered such discounts.
Use-Based Discounts
Your overall driving habits have a definite impact on the insurance quote you receive. Almost all insurance providers examine your driving history and pull out all the ugly incidents you may ever have been into. More ugly the experiences the higher the insurance quote. However, if you possess a clean driving history you can avail much bigger auto insurance discounts.
Some insurers encourage you to sign up for their use-based insurance programs; a telematic device is installed in your vehicle which monitors your driving behaviour. It typically calculates your average speed, how hard you brake and what time of the day you drive. They then allocate you discounts depending on your driving performance.
Renewal Discounts
And then there are policy renewal discounts which are offered to customers for staying loyal to a single company for longer.
Once your policy has expired and you have been happy with the services you received, you can get the policy renewed and avail a discount. Since the insurer also gets a chance to observe your driving habits personally, they may add renewal discount with any other discount you may be eligible for.