Amazing Deals That Lower Your Auto Insurance Rates

Discount How to qualify Estimated average savings Autopay Set up autopay so your premiums are automatically deducted from your bank account 5% Good student Maintain a GPA of 3.0 or better 5% – 25% Driver training Complete a driver training course 5% – 7% Safe driver Have no accidents or tickets on your driving record for at least three years 10% – 34% Anti-theft devices Buy a vehicle with devices designed to stop car thieves. This includes alarms, tracking systems, and kill switches 5% – 25% Anti-lock brakes Drive a vehicle with anti-lock brakes to prevent skidding 3% – 5% “Green” vehicle Choose a green or hybrid vehicle 2% – 10% Affiliation Insurers sometimes offer a discount to employees of certain companies, college alumni from specific schools, and members of certain clubs 10% – 25% Customer loyalty While shopping for new auto insurance every year or two is a good idea, if you remain with the same company for several years, you’re likely to score a discount 6% – 11% Military Be an active or retired member of the military, or a close family member Varies, depending on whether you’re deployed or at home Senior Be over the age of 55 (however, some insurance companies begin to raise rates once a driver hits age 70) 15% – 35% Usage Typically, insurers require a driver to drive less than 7,500 miles annually to receive this discount 5% – 40% Paid-in-full Pay your premium in full at the beginning of your contract 5% – 14% Paperless account Agree to receive all bills and communication from the insurer via email 3% – 5% Student away from home Be under the age of 25 and a student living at least 100 miles from home 10% – 18% Bundling Bundle your auto insurance with other coverage — like homeowners, boater’s insurance, or renter’s insurance — with the same insurer 10%