January 20, 2011

What Your Auto Insurance Agent Can Tell You About Discounts

Increasingly more insurance companies are providing discounts to help vehicle owners save money and pay lower rates. There are many ways you can obtain discounts and trim down the cost of car insurance. All you have to do is contact your auto insurance agent and ask about the discounts that are being offered. With these rewards, you can save thousands of dollars on your policy. The percentage at which these discounts lower your rates varies from one insurer to the next, so it is very important that you compare auto insurance quotes from different providers.

A good auto insurance agent will tell you about the most valuable discounts out there. He will also give you tips and advice on how to obtain one or more discounts and pay less on car insurance. By making small changes, you can lower your rates by up to 50%. In general, most companies offers good driver discounts, multi-policy discounts, senior citizen discounts, passive restraint systems discounts, defensive driver discounts and low mileage discounts.

Make sure you ask your auto insurance agent about the best discounts that are being provided. If you haven't had any car accident for more than three years, then you will receive a good driver discount and save as much as 20% on auto insurance. Buying a vehicle with anti-theft alarms or security systems is a great way to save money and pay less on car insurance. You may also install airbags, anti-lock brakes and automatic headlights to get a discount.

Insurance providers usually sell multiple consumer products, including homeowners insurance, car insurance, life insurance and health coverage. Many of them are willing to offer discounts to those who buy several policies with the same insurer. When talking to your insurance agent, you will see that there are many other discounts that you might qualify for. If you are a senior citizen, then you should ask about discounts based on your age. Since older people drive less than younger drivers, they present a lower risk of getting involved in an accident.

Another way to obtain auto insurance discounts is to purchase a hybrid car. This way you will save up to 10%. Buying a new car can also help you get lower premiums. If you have cut down on driving in the last years, then you might qualify for a low mileage discount. Your auto insurance agent will tell you that taking defensive driving courses is one of the best ways to save money on your policy. In order to receive other discounts, you need to join certain groups or organizations, buy insurance for multiple cars, maintain a good credit rating or increase your deductible.