If you are able to take advantage of the discounts that some Insurance Companies offer for auto insurance, you’ll definitely want to do so. Discounts can greatly reduce the cost of your overall insurance premium. Here are a few discounts that some Auto Insurance Companies offer:

-              Type of Vehicle

-              Safety Ratings

-              Safety features (air bag, anti lock brakes)

-              Anti theft features

-              Location of Vehicle

-              Age

-              Driving Record

-              Vehicle mileage

-              Ease of repair or replacement for damaged vehicles

-              National disaster claims

-              National averages

-              Accidents and theft

-              Multiple Vehicles

-              Previous relationship with the Insurance Company

-              Taking Defensive Driving Courses

-              Involvement with Professional Organizations

-              Promotional offers (such as buying online, or going to a particular branch)

Each insurance company has different discounts for different criteria. Some of them you may not know about and may be unique to their particular company. It is up to you to do the research and decide which discounts fit your lifestyle and budget. Some companies focus on discounts for certain geographical areas, or for having a great driving record. Others choose to focus on established relationships with claim adjusters and repair facilities.

Speak to your agent about offered discounts to find out what you can utilize. Insurance companies do not always advertise these discounts so it is up to you as the consumer to find out what you’re entitled to. Bear to mind that some insurance companies will look up your credit history and use a bad credit rating as a reason to deny you particular discounts. Always keep your credit in check!

Filed under: Getting Discounts