What Will get you the Biggest Car Insurance Discounts
You have to have insurance, but you want the best coverage, at the lowest price. You may pay on a policy for years but never need it. If you do need to file a claim, your rates go up and you’re penalized, even if an accident isn’t your fault. The good news is that there are some things that you can do to lower the cost and obtain a discount.
Bundling
Using the same insurance company to insure your vehicle and home is called bundling. Also known as a multi-policy discount, you may be able to receive the discount if you combine your auto insurance with other policies encompassing those for life, renters, condos, boats, motorcycles and RVs. Depending upon the insurance company, you can receive a discount ranging from 5 percent to 25 percent.
Safety
Multiple features on your vehicle could earn you a discount. Daytime running lights and anti-lock brakes have become so common that they typically won’t count toward much on a discount. However, full front seat airbags can net you up to a 40 percent discount.
Anti-Theft
Cars continue to be stolen at an increasing rate and anti-theft measures can count toward a 5 percent to 25 percent discount, depending on the insurer. You can choose from GPS-based systems or VIN etching in which the vehicle’s VIN number is etched in all windows. A stolen vehicle recovery system aids police in tracking your car, but you’ll need to provide the insurer with proof of installation.
Good Driver
If you’ve been accident free and had no claims or traffic violations, some insurers will provide you with up to a 26 percent discount. There’s also a discount ranging between 5 percent to 10 percent if you or other drivers in the home complete a defensive driving course. If you’re a senior – and the age requirement varies among insurers – you could be eligible for a senior driver discount of 5 percent to 10 percent.
Paid in Full
Paying your auto insurance bill in full each year could result in a 6 percent to 14 percent discount. Many companies attach fees – typically $5 per month – if you break the bill up into monthly installment payments.
For more information about how The Sena Group can help you with any
of your insurance needs, please contact us at 561-391-4661.
We can be found on Social Media at the following links.
The Sena Group
6501 Congress Ave., Ste. 100
Boca Raton, FL 33487
