ENVIRONMENTALLY CONSCIOUS AUTO SHIPPERS USE RAIL TO REDUCE THEIR CARBON FOOTPRINT
Discounts To Help Reduce The Price Of Your Auto Insurance
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Transcript of Discounts To Help Reduce The Price Of Your Auto Insurance
Car Insurance Page 1
Various Discounts Made Available To Car Owners
Car Insurance Page 2
Due to the high cost of auto insurance policies and the legal requirement of
owning one, spending money on insurance can feel more like an obligation rather
than a way of protection against financial liability and loss. Although auto
insurance is a recurrent expenditure, and an often substantial one at that, it is
nonetheless crucial that you have one. Thankfully, there are plenty of discounts
offered by insurance providers to encourage you to buy policies from them or
ensure your loyalty. Below are some of these discounts.
Good grades discounts
This is a discount provided to students or teen drivers. Insurers offer these
discounts because they believe that students with good grades are generally safer
on the road, and thus not as risky to cover. To be eligible, you need to show
evidence of good grades within a 30-day period.
Defensive driving discounts
High risk groups such as new or teen drivers as well as senior drivers older than 75
can take advantage of lower premiums if they finish a defensive driving course.
These courses are available in many high schools and
private driving schools. Prior to enrolling in these
programs, make sure to ask the insurer if they have
preferred driving schools so you can be eligible for their
safe driver discounts.
Markdowns from installing anti-theft devices
Installing safety or security features to your vehicle can shave off 15% to 20% off
the price of your policy. New cars are often sold with these advanced safety
Car Insurance Page 3
technologies, so this option is more appropriate for older cars or cheaper but new
car models that do not have these features. The safety device that will provide
the greatest discount is one that is utilized or endorsed by your local or state law
enforcement bureau.
Maintain a clean driving record
Among the different techniques to keep your insurance costs low, keeping a clean
driving history is probably the most effective. You can cut insurance costs up to
40% by not being in any mishap or any traffic violations. Insurance companies
designate points to moving infractions and mishaps to codify the seriousness of
these events and determine how much
of a risk you are to cover. These points
will fade in three to seven years,
making it doubly necessary to observe
good driving practices.
No or Low down payment policies
Down payment for insurance products can be considerable. To secure the
patronage of car owners, a lot of companies provide cheap car insurance with no
down payment. Then again, make sure to read the small print of these offers
because most of the time, these still require some payment, usually a single
month’s premium. At times, these insurance plans require you to pay a specific
amount of money in a given period before your insurance policy becomes
effective.