Auto Insurance Discounts: How To Lower Your Premiums

Auto insurance premiums can be expensive, but there are many discounts available to help lower your costs. Knowing how to properly qualify for these discounts can help reduce your annual insurance bill and maximize your savings.

Multi-Vehicle Discounts

Many insurance companies offer discounts for insuring multiple vehicles under the same policy. This can be a great way to save money, as insurers often give discounts of up to 25% for insuring multiple vehicles. You can browse to know more benefits of https://valleyagencies.com/.

Good Driver Discounts

Most insurers offer discounts for drivers who have a safe driving record. These discounts can range from 5-25%, depending on the insurer and the driver's record. To qualify, drivers must have no major violations, such as DUI or reckless driving, in the past three years.

Low Mileage Discounts

Insurance companies also offer discounts for drivers who drive fewer miles than the average motorist. The amount of the discount depends on the insurer, but can be as much as 25%. To qualify, drivers must typically drive fewer than 7,500 miles per year.

Membership Discounts

Some insurance companies offer discounts for drivers who are members of certain organizations, such as AAA or AARP. These discounts can range from 5-20%, depending on the insurer and the organization.

Safety Features Discounts

Most insurers also offer discounts for vehicles that are equipped with certain safety features, such as airbags and anti-lock brakes. The amount of the discount depends on the insurer and the specific safety features.

Loyalty Discounts

Insurance companies often offer discounts to customers who have been with the same insurer for a long period of time. These loyalty discounts can range from 5-20%.