Learn about Auto Insurance - Part 4

Continued from Part 3

This post is the last and 4th part of "learning about auto insurance' series. Here you would learn to save money with your auto insuracne premiums.

How to lower your auto insurance premiums?

Many companies offer discounts to lower your auto insurance premiums. But remember not all insurers offer these discounts and not all states permit them. When comparing insurers, ask which discounts they offer in your state.

Good student: For drivers under 25 years old who attend a high school, college or university, with a B average or better for the preceding semester.

Student away at school who attends a college or university that does not have a vehicle in their possession.

Driver training and defensive driving courses: For drivers who have taken an approved driver education course.

Good driver (California only): For drivers who meet the statutory definition of a good driver.

Mature driver: For drivers between 50 to 65 years of age.

Multi-vehicle: For drivers insuring more than one vehicle on the same policy and garaged within the same territory.

Restricted mileage: For drivers who drive a limited number of miles in a single year.

Passive seat belts and air bags: For vehicles equipped with factory-installed air bags or automatic seat belts.

Antitheft systems: For devices that make it more difficult to steal your vehicle. These devices include ignition and fuel cutoff systems, hood- and wheel-locking devices and window-identification systems. Discounts are higher for automatic antitheft systems than manually-operated systems.


Source link: The USAA Educational Foundation