Car insurance can get pretty expensive if you have accidents, DUI’s or other moving violations on your record. This can make it almost impossible to get insured at all in some cases. There is hope however.
At Arrowstar Insurance Center we have over 100 years of combined experience helping people with imperfect driving records get back on the road with a premium they can afford. In this post we are going to look at a few car insurance discounts that you may qualify for regardless of your driving record.
Low Annual Mileage Discount
According to MarketWatch.com around 13% of insurance companies offer this discount. Depending on the insurance company you choose, the maximum mileage allowance for this discount may vary between 7,000 and 12,500 miles.
If you own your home, condo or apartment you can save an average of 6%. Around 21% of insurance providers offer this discount.
Electronic Payment Discount
Many insurance companies have a discount when you sign up for an electronic auto-pay system. They want to get paid in full and on time. Offering this discount is a great way for them to incentivize their customers to enroll in their auto-pay program.
Days Driven Discount
Many car insurance companies offer a discount for people who don’t drive their car every day. The specifics of this discount will vary depending on the company you choose, but if you are only using your car between one and four days per week then you may qualify for this one.
Car Ownership Discount
If you own your car rather than lease you will likely qualify for this discount. The average savings for those who qualify is about 4%.
Customer Loyalty Discount
Many insurance companies will offer a discount once you have been a client for between one and three years. Over 33% of insurance companies offer this type of discount. The average savings for this one are about 6%.
Use of Car Discount
Depending on what you are using your car for, you may qualify for a discount. As an example: Cars used primarily for farming (mostly driving around the farm) are generally discounted by about 10%. Roughly 40% of insurance companies have a similar discount.
Advanced Renewal Discount
Over 25% of companies offer this discount. It is normally given for those who renew their policy 7-10 days ahead of schedule. The average savings for early renewal is about 8%.
Adding up your discounts
One of the above discounts alone may not make a huge dent in your car insurance premium. The way you end of saving a substantial quantity of money on your car insurance is by combining several discounts. You’ll want an insurance agent who can help you shop around to find the best package of discounts available for your circumstances.
Find out more about how much you can save today
Contact one of our friendly Arrowstar Insurance Agents today, and find out how much you can start saving on your car insurance right away.