For many people cheap car insurance has become a major goal these days. It’s all quite understandable when the rates are constantly rising and it sometimes gets more expensive to insure a car rather than buy one. People are looking for ways to cut their costs and make car insurance adequate to their incomes. So they shop around for cheap car insurance, look for cars that are generally cheaper to insure, cut their coverage limits and do other things to reduce insurance rates. However, there’s one simple method that allows cutting rates without sacrificing anything, and it’s overlooked too often by many car owners. We are talking about discounts. Car insurance discounts are available with the majority of providers, even if you haven’t heard about it. Insurers simply don’t like advertising their discounts unless they want to attract more new clients. But there are always discounts you may opt for and get your premiums cut if you comply. Each company tends to have their own set of discounts so you’ll have to ask around and see if they offer anything interesting. But you will definitely find the following discounts with nearly every insurance company out there on the market:
The easiest way to get cheap car insurance with any company is to not file any claims for a lengthy period of time. Most companies usually require at least three years with no claims for the customer to be able to opt for this discount, but the requirements may differ from company to company. The bad news is that if you actually end up in an accident and file a claim you will lose this discount.
This discount makes it advantageous to stick with the same provider for a long period of time. Most providers require at least three years with the same policy to get this discount, and some of them will also increase the discount for each year you stay with them. Sounds very nice if you had cheap car insurance with your provider right from the start.
Teen drivers usually find it hard to get cheap car insurance because they always get the highest quotes. But if you are a good student in high school or college, you can actually bring the copy of your grade report to the insurer and get a discount if your average is B or better.
The less you drive the less likely it is for you to get into an accident. That’s why drivers who have a lower than average yearly mileage tend to get discounts from many providers. The common limit is 10,000 per year although the figure may differ from provider to provider. So if you want to get cheap car insurance just try driving less.
Having several cars in the household is nothing strange for this country, and one would suppose that it’s expensive in terms of insurance. However, most companies prefer covering several cars under the same policy and will offer you a discount for two or more cars included.
Large insurance providers tend to render different types of insurance services, not just car insurance. And if you happen to have a policy with a company that also renders you home, health or business insurance services you may actually get a substantial discount from them and get cheap car insurance really easy.
The majority of insurance providers tend to offer discounts to various groups of people, such as senior drivers, workers of the military, driver association members, special club members, credit union customers and so on. So if you make part of any special group and have the paperwork to prove it, don’t hesitate and ask if you are eligible for cheap car insurance.