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Car Insurance Discounts You Might Not Expect

Car Insurance Discounts You Might Not Expect

Know what you may be paying for car insurance.

$762 a year is what the average American spends to insure their car. A lot of times, the rate you pay is based on where you live. Many could be paying less, but don’t realize they are eligible for several discounts that they weren’t aware of.

Here’s a list of average discounts per year for these factors.

  1. Low Annual Mileage – $84

If you drive 7,000; 10,000; or 12,500 miles per year, you may drive a small enough amount to be considered for a discount.

  1. Use of Car – $76

If you only use your car for farming, you’ll receive the greatest discount for this factor.  If your car has a specialized usage, be sure to tell your insurance agent and you may receive a discount.

  1. Renewing in Advance – $61

If you renew an average of 10 days before you would normally have to, many companies offer a discount for this too.

  1. Loyalty – $46

Been with your company for a while? Loyalty is rewarded in this industry.

  1. Owning a Home – $46

Being a home owner, apartment owner, or condo owner can save you some dough too.

  1. Bundling Life Insurance – $30

If you have a different type of insurance policy with the same company, this might earn you some savings as well.

  1. Automatic Withdrawal $30

Business love auto-pay.  This way they know payments have more of a likelihood of being paid on time.

  1. Short Commutes $30

Only go a short distance from home to work. This will earn you points!

  1. Sunday Driver? $30

If you don’t drive every day of the week, this is a big factor in rate assessment.

  1. Car Owner $30

If you own rather than lease, you could receive a discount too.

  1. College Grad $30

Believe it or not, college grads are less of a risk.

For all of your car insurance needs in Austin, Texas, contact the Insurance Agency of Dean Davis.