 There are hardly any people in this world who are not concerned with getting a deal, and that goes for insurance shoppers as well as other types of bargain hunters. If you have decided to look around for auto insurance, then here are 5 discount opportunities you should consider.
- Multi-policy discounts: The multi-policy discounts can work a few different ways. Firstly, if you have many cars and people to insure with one insurance company, you may be able to get a discount. Secondly, if you have an automobile and a house, or an automobile and a recreational vehicle and you insure them with one company, you may be entitled to discounts.
- Safe driving courses: Being a dependable driver is important to you and your family because it limits your risk of an accident—but it’s also critical to your insurance company for the same reason. When you participate in a safe driving class you not only prove your insurance company that you genuinely want to be a safe driver, but you also gain the aptitude that allows you to actually become one. This reduces the amount of claims you could have and makes you a less expensive risk for auto insurance companies. How do they reward you? With a discount.
- Good student discounts: Insurance companies love to reward responsible behavior—because those customers who act in that manner usually present less risk from an insurer’s standpoint. High school students with good grades may find that their auto insurance company offers light discounts when they keep their GPA above a certain level.
- Paid-in-full discounts: Insurance policy premiums can be paid monthly, quarterly, semi-annually and annually. Because insurance companies can earn more money on an annual premium paid-in-full at the start of the term, they often offer monetary incentives for you to do so.
- EFT discounts: The transmission of your insurance premiums directly from your bank account to your insurance company isn’t just an effortless way to get your insurance policy paid, it’s a cost-effective way. You will have one less check to write each month, one less stamp to buy, and your insurance company may offer you a discount for doing so.
When discussing insurance policy options with your agent, make sure to talk about all of the potential discount opportunities. Ask your agent if he can suggest any other discounts that you can make the most of —after all, any discount is a good discount.
Contact us to discuss discounts, coverages or any other auto insurance related items at 512-518-6292 or fill out an online auto insurance quote.
Posted Friday, July 29 2011 4:32 PM
Tags : insurance, auto, car, automobile, discounts, multi-policy, safe driving course, good student, paid-in-full, EFT
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