24 car insurance discounts that are worth asking for your insurance today

24 car insurance discounts that are worth asking for your insurance today

It is high inflation interest rate rises, it can feel impossible to save money. But when every dollar counts, reassessing your monthly expenses can go a long way.

One of the things you can do to reduce the cost of your car insurance is the cost of your car insurance and we have found a number of ways to save your money.

Most auto insurance companies in the US offer discounts for all kinds of reasons from being a loyal customer to driving safely.

We gathered information from the 10 largest insurance companies in the US (Allstate, Farmers, American Family, Geico, Travelers, USAA, State Farm, Nationwide, Liberty Mutual, Progressive) and combined their discounts into one list so you don’t have to. .

To make every dollar count, make sure you subtract everything.

Don’t miss it

  • Many Americans are still missing cheap car insurance

  • TikToker paid off $17,000 in credit card debt and ‘to invest’ – would it work for you?

  • What do Ashton Kutcher and a Nobel Prize winning economist have in common? An install the program which transforms the less variable into a different profile

1. Multiple discount plans

Offered by: Allstate, American Family, Farmers, Geico, Liberty Mutual, Nationwide, Progressive, State Farm, Travelers, USAA

It is one of the cheapest insurance policies.

If you have many policies and insurance, such as at homeauto, small business, renters or condo insurance, you will get a better rate.

With some providers, you can save up to 13% by combining your insurance.

2. Multiple vehicles discount

Offered by: American Family, Farmers, Geico, Liberty Mutual, Progressive, State Farm, Travelers, USAA

If you have more than one vehicle that needs to be insured you can get a huge discount. Most of the major dealers will give you a discount if you have multiple vehicles with the same company.

For example, Geico will give you up to 25% off your auto insurance policy when you extend your coverage to two or more vehicles.

3. Get in early

Offered by: American Family, Allstate, Liberty Mutual, Travelers

If you are looking for a new provider or plan, make sure you register before your current plan expires, it can save you a lot.

Transfer to a new company before your current policy expires, or at least 7 days before the new policy takes effect, and you will qualify for the discount.

How you save depends on the country you live in, but if you want to change, this is an easy win.

4. Payment in full discount

Offered by: Allstate, American Family, Farmers, Progressive, Travelers

Being prepared to pay the full cost of the policy can save you money.

A number of insurance companies will give you a discount if you pay the full amount at the time of purchase instead of in installments.

It may be an upfront cost, but it can save you up to 10% overall.

5. Pay online or sign up online for a discount

Offered by: Allstate, American Family, Farmers, Liberty Mutual, Worldwide, Progressive, Travelers

Signing up to pay yourself is easy and can save you a lot of money.

Several insurance providers have automatic payment options and discounts when you sign up for paperless payments.

6. New car discount

Offered by: Allstate, Geico, Travelers, USAA

There are advantages to having a new car that lasts longer.

Several providers can offer you a discount on your insurance if you are the first owner of your car, if your car is a current model year or less than three years old.

7. Discounts for eligible payers

Provided by: Allstate, Farmers

If you pay your insurance bill on time every month, and you have not received a cancellation notice for non-payment within the last year, then you are eligible for this discount.

Check with your agent when renewing your policy to make sure the discount has been applied.

8. Loss of integrity

Insurance: American Family, Travelers, USAA

Being loyal to your insurance provider can save you money.

The amount of discount you get depends on how long you have been with the company and whether you have any opportunities during your time as a customer.

And you can get some discounts from American Family for being a second customer. If your parents own the company, you can save money.

9. Changing discount providers

Insurance: American Family, Progressive, USAA

Unlike saving because you have been with a company for a long time, you can save if you switch to a competitor.

How big the discount is may depend on where you live or how long you were with your previous provider.

If you are compare providersbe sure to ask them if they offer these types of incentives.

10. Good car discount

Offered by: Allstate, American Family, Farmers, Geico, Liberty Mutual, Nationwide, Progressive, State Farm, Travelers, USAA

A good driving record is one of the

Most of the major car insurance providers will give you a discount for being a good driver.

For example, if you haven’t been in an accident for five years, you can get a 22% discount from Geico.

11. Seat belt removal

Insurance: Geico

One insurance provider will give you a discount if you and everyone in your car are tied.

With Geico, you can get discounts on your medical or personal injury bills.

12. Auto safety feature discount

Offered by: American Family, Geico, USAA, State Farm, Allstate, Farmers, Liberty Mutual

Does your car have air bags? What about anti-lock, or anti-theft? Electricity rush during the day? This can save you money and multiple insurance policies.

You can get up to 40% discount on your medical treatment.

You may need to verify that you have another machine installed.

13. Volunteer youth

Provided by: American Family

The need for insurance is higher for young drivers, luckily there are discounts that can work for them.

Returning to your area can also save you money when it comes to auto insurance.

You can save money with one sponsor if you are under 25 years old and do 40 hours of unpaid volunteer work a year.

14. Student discounts

Offered by: AllState, American Family, Farmers, Geico, Liberty Mutual, Nationwide, Progressive, Travelers, USAA

Here’s another reason to study, many providers offer discounts to keep your grades up.

As long as you are at least 25 years old and maintain a B average, you are eligible for this discount.

Getting on the Dean’s list or in the top 20% of your class can help you save up to 15% on your tuition.

15. The student is staying away from the discount

Offered by: American Family, Farmers, Liberty Mutual, Progressive, Travelers

Having your child go to school can be difficult but it can save money on your car insurance.

If your child is still on your policy, under the age of 25, lives more than 100 kilometers away and sometimes drives your car, then you can receive a discount.

16. Family discount

Provided by: Farmers, Progressive, State Farm

Smaller drivers are more expensive to insure, but some providers will help you save.

Some providers offer discounts for having a young, new driver or a driver under 25 on your policy.

Do your children ask you to use the car all the time? If you have one driver in your household who is younger than 20 and you have more drivers than cars, you can deduct each car from your policy.

17. Homeowner’s discount

Insurance: Farmers, Liberty Mutual, Progressive, Travelers

Owning a home comes with many benefits and one of them is getting cheap car insurance.

Many insurers will give you a discount for owning a house or condo even if the house is not insured by the company.

18. Driving lessons

Offered by: Geico, Travelers, USAA

Here is an example where a little training can go a long way.

If you have a young driver on your policy make sure they take driver’s education. If you, or the driver on your policy, have completed an approved course, you can get a discount.

19. Safety operator discount

Offered by: American Family, Farmers, Geico, Nationwide, State Farm, USAA

If you are over 55 you may want to consider taking a driving course. Most of these courses can be done online.

Not only will it help you improve your skills, it can save you money and multiple insurance policies.

How much money you can save after graduation depends on where you live.

20. Program discount

Offered by: American Family, Liberty Mutual, State Farm, Travelers

Many of the major providers will give you a discount if you sign up and qualify for other programs, such as Know Your Drive and Intellidrive Drive.

However, some of these apps record a lot of your driving and, if you’re caught unsafely, it could cost you more on your insurance.

21. Down distance

Provided by: American Family, Nationwide, USAA

You don’t have to do much to reduce this, the less you drive the more you pay.

Few carriers offer discounts for low mileage, which is less than 7,500 miles per year, according to American Family.

Plus, if you’re keeping your car you can get up to 60% off with USAA.

22. Another way to get rid of fat

Provided by: Farmers, Travelers

Going green can save you green when it comes to your insurance.

If you choose a vehicle that runs on something other than gasoline, such as hybrid, electric or propane, you may be entitled to a discount.

In the case of Farmers, the discount is only available in California.

23. Military discount

Offered by: Farmers, Geico, State Farm, USAA, Liberty Mutual

Members of the military, National Guard or Reserves, including retired members, will receive discounts from many providers. With Geico you can save up to 15% off the price of certain products.

You can also receive a 25% discount if you are in the emergency category. And if you are going to ship and keep your car, there are discounts available.

24. Partnership discount

Offered by: Farmers, Geico, Liberty Mutual, Worldwide, Travelers

Even if you are not in the military, there are additional discounts for other services and organizations that you are a member of.

For example, Travelers offers discounts to members of other businesses and credit unions, while Geico has discounts for government employees and a list of more than 500 groups that are eligible for savings.

What you can read next

This article provides information only and should not be considered as advice. It is offered without warranty of any kind.