“Why am I paying so much for this?” A question I hear all too often from clients who are reviewing their insurance policy, usually for the first time in a long time. That insurance bill in the mail every month is more than just another bill – it is your protection and peace of mind. That being said, it is important to find ways to keep that bill within your budget. Let’s review some of the discounts that can help you keep your cost down without having to cut any coverage.
1 Multi-Policy Discount: Do you hear that? It’s the savings train! Many companies offer a discount for having more than one policy with them. Dust off your old policies and let’s see if we can save you some money! We aren’t just referring to auto and home either – watercraft, renters, umbrella, motorcycle… the list goes on.
2 Occupation/Education Discount: Your job gives you a paycheck, but it can also give you a discount! Each company offers different discounts for different occupations – ranging anywhere from a librarian to a police officer, be sure to let us know what you do the next time you talk to us! If you have a 4 year degree (or higher) you can get an additional discount.
3 Good Student Discount: Adding a young driver to your insurance policy can be painful for your wallet. Maximize your savings by making sure that Suzie keeps a 3.0 or higher, this discount is a significant savings to you and can be applied to most high school or college students.
4 Good Driver Discount: Steering clear of tickets and avoiding accidents keeps your rate down, that’s no secret. If you aren’t getting the good driver discount now, talk to your agent about when you can expect to get the discount back and what is on your driving record. We have helped clients clear up mistakes with the DMV on more than one occasion and get their good driver discount back!
5 Auto-Pay: Every company has different fees for billing. In most cases, placing your policies on automatic payments will result in the lowest billing fees (or get rid of the billing fees all together) and can help prevent a missed payment or a cancellation.
6 Shopping: When all else fails, our agents have access to over 20 companies. If we have looked at all the discount options and still can’t save you any money, we can shop your policies for you! Talk to your agent if you think this option sounds like what you need.
And don’t stop with your auto insurance policy! Your home insurance policy offers discounts too for things like security systems, being a member of a homeowners association, and being claims free.
To get a quote on your Automobile Insurance CLICK HERE