Auto Insurance Discounts - How To Get Them

By: Ryan Gilbert Click author's name for more of his/her articles

Everyone loves saving money, especially in these tough times. If you’re finding that your insurance premiums are putting too big a dent in your budget, there are actually ways that you can lower them and save money. Most insurance companies offer discounts, many of which you may qualify for!

Keeping Your Car Safe

Almost every insurer offers a discount for safe drivers. If you have no moving violations on your driving record and have not made a claim in the past few years, you can most likely take advantage of this discount. The safer you are, the less the risk to your insurance company. If you have anti lock brakes on your car or other safety devices they might also save you money on insurance.

Theft is a very costly expense for insurers, so if you have anti-theft devices on your car you can probably save money there, too. Living away from the city also reduces your risk of having your car stolen and can lower your premiums. Keeping your car in a garage also keeps it safe and could contribute to getting a discount.

Bundling Your Coverage

Having multiple policies with the same company will usually save you money, too. If you have your homeowner’s or renter’s insurance with the same company as your car insurance you may qualify for lower rates.

How Old are You and Where Do You Live?

Your age can be a big factor in how much you pay, too. Senior citizens over the age of 55 that are retired or unemployed can get discounts. Due to their years of experience, seniors are a good risk to insure. They usually don’t drive as much as their younger counterparts, making them a group with a very low rate of claims.

Where you live has a lot to do with how much you will pay for your car insurance, too. If you reside in the suburbs or a rural area, you’ll pay less than someone who lives in the city. This is because there is more traffic and more accidents in cities than in outlying areas. While suburbs are getting more crowded, they still don’t have the traffic that cities do. If you live on a farm and have vehicles that you use to operate your agricultural business, there is a discount for you, too! In fact, certain types of pickup trucks and utility vehicles are eligible for discounts whether they are used in farming or not.

Students Can Share the Discounts, Too

Students might think they will pay much more than older adults for their insurance and they probably will—but yes, there is a discount for them, too! If a student has a GPA of 3.0 or above, their auto insurance premiums will be lower than that of a student that receives poor grades. Insurers have found that good grades are an indicator of a sense of personal responsibility and thus, good students pose a better risk than those with poor grade performance.

So ask your insurance company if you qualify for any of these discounts; you have nothing to lose and could actually save a lot of money!

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About The Author: One of the best ways of shopping for low insurance rates is to first get 2-3 quotes online. Once you have them check with a local insurance agent and ask him to quote you the same. You'll save time and money every time you're looking for let's say... Miami auto insurance or just Miami insurance in general.