These are the most common types available. Insurers reward loyalty with discounts for long-time customers and for those who have multiple policies or cars insured under the same policy. To find the best price and the best company for you, look for car insurance quotes at least once a year. Other common types of auto insurance discounts are discounts for full-time students who are in high school or college with good grades in all of their classes.
While new cars, vehicles with safety add-ons, and electric vehicles can be expensive, you can help offset the cost with a discount from your insurance company. The following sections provide detailed information on the different types of discounts offered by major auto insurance companies. People who are careful and drive very little often get the best discounts on usage-based auto insurance. For example, a company that doesn't offer discounts might end up offering a lower auto insurance premium than another insurer that charges a higher premium and offers 20 discounts.
Major providers such as Geico and Progressive have strong financial ratings, competitive auto insurance quotes and a good reputation for customer service. If you need to cancel your policy later on, most insurers will reimburse you for the remaining months of premiums remaining on your policy. USAA serves members of the military and their families, so it has a couple of unique discounts on auto insurance. Many of the best auto insurance companies offer at least a dozen discount opportunities for drivers to take advantage of and ultimately lower their premiums.
It's worth not only looking for car insurance, but also looking into the auto insurance discounts available to you. While each auto insurer offers a slightly different selection of auto insurance discounts, there are a few that can be commonly found across the industry. From student insurance discounts and multiple policies to discounts for safe drivers, there are dozens of ways to save on your car insurance premium.