| Drivers should take advantage of all discounts that | | | | full-time student who meets certain grade |
| many providers offer, that can significantly reduce | | | | requirements and are unmarried and usually under 25 |
| the cost of car insurance. Understanding discounts | | | | years of age (some states the age is 21) you could |
| and how they can affect car insurance premiums can | | | | be eligible for a good student discount. If you own a |
| help smart shoppers make better decisions about | | | | home, including condominium, town home, or mobile |
| their coverage and possibly save themselves some | | | | home, which is used as a principal residence, a |
| money in the process.Read below to identify possible | | | | discount could apply. Military personnel either currently |
| discounts that could help you save money on car | | | | active or retired from any branch of the US military a |
| insurance this year. Other than discounts, there may | | | | discount could apply. If your vehicle is equipped with |
| be some other ways for you to save on your | | | | an anti-theft device, a discount could apply.You could |
| insurance premiums. We will go over several | | | | lower the cost of your car insurance in other ways |
| discounts that can help with your current | | | | as well.For people who own older cars, it may not be |
| situation.First, there are discounts for Car Safety | | | | necessary or cost-effective to protect them with |
| features. Certain states will give you discounts for | | | | collision and comprehensive coverage. By comparing |
| anti-lock breaks. Make sure you know if it is two or | | | | the book value of your vehicle and the premium that |
| four wheel anti-lock break vehicle. Automatic | | | | the insurer has offered, you may find that it cost as |
| seatbelts and airbags are frequently discounted on | | | | much for the insurance as it does for the vehicle. If |
| your insurance premiums. In most states, a defensive | | | | the car is worth less than $2,000, you will probably |
| driver class discount may apply. If the principal driver | | | | spend more insuring it than it is worth. The whole |
| usually 55 years old or older has completed an | | | | idea of driving an older car is to save money, so why |
| approved defensive driving class a discount could | | | | not get what is coming to you.In addition, keep in |
| apply. Keep in mind that most states will only | | | | mind that the type of vehicle you buy could greatly |
| approve this class if it is voluntary meaning that it | | | | affect your premium. A flashy red sports car is |
| was not the result of a violation or infraction.Some | | | | usually going to cost more to insure than a mid sized |
| insurers will give you a discount for having multiple | | | | sedan. This is also true of vehicles that are on the list |
| cars. In some cases, this will only apply if you have | | | | of most stolen. There are many ways that |
| two or more drivers. If you have a clean driving | | | | policyholders can save on their insurance. Knowing |
| record, meaning you do not have any tickets, | | | | more about auto policies and premiums can help |
| accidents or suspensions in the last three years | | | | consumers take advantage of less obvious discounts |
| (some companies require five years) then you could | | | | while ensuring that they have the appropriate |
| be eligible for a safe driver's discount.Many insurance | | | | protection for their vehicles. The last way to save is |
| companies will reward you with staying with the | | | | to assume more risk. If you chose higher deductible |
| same insurance company for many years without | | | | on your Personal Injury Protection or Comprehensive |
| any accidents reported. They will offer you a renewal | | | | and collision coverage will lower your premium as well. |
| discount. It makes sense, you have carried insurance | | | | The deductible is the amount of money you have to |
| with a company for several years, and have not had | | | | pay before your insurance company begins paying |
| an accident, your insurance company likes you and | | | | the rest.Understanding how discounts affect your car |
| wants to reward and keep your business. Some | | | | insurance rates is important to save you money.Matt |
| companies honor you with a discount if you had prior | | | | McWilliams is one of the co-founders of |
| limits on your previous policy. They discount you | | | | HometownQuotes.Com, an online insurance quotes |
| because they understand you are a better | | | | web site. He is originally from Pinebluff, NC and |
| risk.Conversely, if you do decided to change insurers | | | | attended Middle Tennessee State University. He is |
| a proof of prior insurance discount may apply. Most | | | | considered an expert in the field of online insurance |
| insurers request at least 6 months of consecutive | | | | shopping and finding new ways to help consumers |
| insurance from the previous insurer. If you are a | | | | save money on their insurance. |