Are You Getting All Of The Discounts Available On Your Car Insurance?

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Barry Brenner

Barry Brenner is a licensed auto insurance agent and author of the best selling book "Money Saving Tips About Car Insurance, available at MoneySavingTipsAboutCarInsurance.com

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When shopping for car insurance, there are many important things to consider. In order to become a smart and savvy car insurance consumer, and get the best rates possible for your policy, you should understand what insurance companies do, and how to best communicate with them.

Insurance companies are in the business of taking risk. The amount of risk they take to insure you and the rate they will charge you are based on many variables. Your driving history and experience, where you live, how old are you, how many drivers and vehicles are on going to be on your policy, what discounts are applicable to you, if any, and other variables are all used to determine the rate or cost for your policy.

There are numerous discounts available for the consumer on car insurance policies today. Are you getting all of yours?

A multi-car discount will lower the premium on each vehicle on the same policy. Some companies will sell you a separate policy for each vehicle and still give you the multi-car discount. Keep in mind there can be overhead or additional cost for each policy, so having all of your vehicles on the same policy could save you money.

Most insurance companies will give full time high school or college students with a 3.0 or higher grade point average a discount. This discount could be as high as fifteen percent on the primary vehicle that the student drives. If the premium for the student driver is one to two thousand dollars per year, a good student discount could be a savings of one hundred fifty to three hundred dollars per year. Multiply that by the number of years in school, and that will add up to a huge savings.

Some insurance companies will give you an occupational discount depending on your educational background and job title. Teachers, Medical Professionals, Scientists, Engineers, Computer Professionals, and other jobs that require a college degree, license, or certification.

Not having any at-fault accidents or getting any moving violations will earn you a good driver discount.

A driver over 55 can take a DMV approved mature driver course and get up to a ten percent discount from some companies.

All drivers should check their policy to see if they are getting all of the possible discounts they can.

To discover other Money Saving Tips About Car Insurance, go to MoneySavingTipsAboutCarInsurance.com.