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Patrice N Hall - Auto Insurance |
If you haven't comparison-shopped for auto insurance in
several years, you'd probably be surprised to see how many ways
insurance companies have come up with to get your business. That means
they're dangling all sorts of discounts that will let you save on
premiums.
Seeing that data-driven businesses, providers review scads involving info on mishaps and boasts, and they also realize the attributes involving policyholders who document fewer boasts. This enables the crooks to build brand new credits and discount rates to help attract more secure individuals, although in addition supporting the crooks to inspire current policyholders to scale back mishaps and boasts.
You may find it's quite worth the effort to shop around
for auto insurance, especially if you've replaced your vehicle with a
newer one recently or bought a home. For example, some carriers now
offer an auto insurance discount if you own a home. And of course, if
you insure both your home and auto with one insurer, it will likely
offer an additional multi-policy discount on top of that.
If
you've recently replaced your car, it can pay to check for safe vehicle
discounts, such as for anti theft devices, anti lock brakes, daytime
running lights and other accident warning and avoidance technologies.
Another
new discount is for "green vehicles" hybrids or alternative fuel
cars. Among insurers offering a green vehicle discount are Allstate,
Farmers and Liberty Mutual.
Not new at all, but always welcome
are discounts for good drivers. These are for drivers with a clean
record free of moving violations such as speeding, reckless driving and
DUI. Also, drivers who avoid at-fault accidents get discounts from
almost all insurance carriers. Some also offer "claim-free discounts" to
drivers who don't get in accidents and don't file claims for extended
periods.
A newer category is the "usage-based discount," often
also called the "save-as-you-drive" program. The requirement here is
that you agree to have your driving monitored to prove you're a safe
driver. You have to connect a telematics device to your car that records
data about your driving and sends it to the
insurance company.
The information includes how fast you drive, how quickly you
accelerate/decelerate and how many times a day you drive. Drivers with
safe behavior, as determined by the gathered information, can get
discounts as high as 30 percent.
Finally, here are three
discounts that most auto insurance carriers offer and almost anyone can
qualify for. Make sure to ask for these:
Defensive driver: Most insurance companies offer a discount of up to 15 percent if you've recently completed a defensive-driving course.
Full payment: If you forgo installments and pay your annual premium at once, you could save 5 percent to 10 percent.
Paperless billing and automatic payment:
Sign up to have your payment automatically deducted from an account and
elect to receive only electronic statements, bills and policy notices.
That will typically take an additional 5 percent off.