Auto Discounts

Most insurance companies offer auto insurance discounts. Below are some of the potential discounts drivers may be able to take advantage of.

Anti-theft device discount:

Available from most companies to auto-owners whose vehicles are equipped with alarms or disabling devices that reduce exposure to theft.

Completion of a state-approved senior driver defensive course:

Senior drivers 60 and older can obtain a discount by completing an accident prevention course.

Commuter or carpools:

Drivers who drive just a few miles to take public transportation to work or carpool, may ask if a mileage discount is available.

Driver training discount:

For young drivers who have completed driver training courses.

Good student discount:

Limited to high school or full-time college students, and is usually contingent on maintaining a B or better grade average. Discounts could range from 5-25 percent.

Multi-car discount:

Usually available to those who insure two or more cars with the same company.

Multiple policy discount:

Available from some companies to individuals carrying more than one policy (i.e., auto, home, life and/or health) with the same company. Savings could be in the 15-20 percent range.

Resident student discount:

Offered by some companies to an insured whose family includes a resident student without a car at a college more than 100 miles from home. A premium reduction might also be available to those taking a car, depending on the college location.

Safety feature discount:

Available from most companies to drivers of cars with airbags and/or anti-lock breaks (ABS). Some companies have discontinued ABS discounts because of a lack of evidence showing ABS reduces claims.