Are You Getting All The Discounts You Deserve?

OK … I admit it … missing out on discounts is hardly a “dangerous” mistake, but how to keep money in your pocket is a good place to start this report, don’t you think?

I look at insurance like taxes – you’re under no obligation to pay one penny more than the law requires. It’s only smart to do everything you can to legally pay as little tax as possible.

The same concept applies to car insurance. Why would you pay one penny more than you have to? All insurance companies offer discounts for many different things, and you should be getting every single discount you’re entitled to.

Here’s a partial list you can check into. Discounts for:

• Advance Purchase Discoun
• High school and college students with good grades
• Young drivers who pass a driver education course
• Young drivers who attend educational programs sponsored by the insurance company
• Having more than one car on your policy
• Having more than one policy in your household – like two auto policies, auto plus home, etc.
• Senior drivers who take a driver training refresher course $    Being a safe driver with no accidents or violations
• Having a good credit record
• Vehicle safety features
• Low mileage driving

Not all companies offer all these discounts, some companies might offer others, and each company may have a different discount amount for the same item.

The point is don’t assume your agent or company has all the discounts applied to your policy correctly. Ask them for a list of the discounts they offer, check that list to see what you qualify for, and make sure you’re getting your discounts.

Plus, once you have the list, there may be discounts you could qualify for if you take the right action – like attending a driver-training course, or sending your kids to one. Why not do it? It will make you a safer driver and qualify you for deeper discounts on your insurance.

Filed under: General