The cost of auto insurance seems to get higher ever year but there are ways to save money on auto insurance. Auto insurance companies have changed dramatically since the 1990’s and the competition online to secure market share, provide attractive policy coverage and earn consumer loyalty is stronger than ever before. When it comes to auto insurance one of the biggest factors behind why drivers choose a particular company is how much they can save with auto insurance discounts. It’s very possible to save up to 30% or more on premiums with the right set of discounts but what are these discounts?

Compare Direct Auto Insurance Quotes

Auto insurance discounts are essentially a way for car insurance companies to reward consumers who are good drivers, loyal customers and own safe vehicles. They are also a great way to entice consumers but at the end of the day whether it’s the latest mobile phone, custom jewelry line or auto insurance every company needs a catch and for many car insurance companies its all about the discounts.

Auto insurance companies who have the largest market share all have numerous auto insurance discounts available to good drivers and even some smaller companies do. Some of the most common discounts available include:

Good Driver Discount

Drivers who have a driving record clear of accidents, claims and moving violations for at least the prior 3 years generally qualify for a good driver discount. There are some companies who require 5 years but most insurers only consider the last 36 months.

Vehicle Safety Equipment Discount

Vehicle safety is not just about protecting your family but also linked to how much your car insurance costs. Vehicles with high rated safety features such as antilock brakes and traction control can qualify for lower auto insurance rates. However always remember these vehicle safety features must be factory installed so even if your Uncle Bob can install an airbag don’t expect a car insurance company to vouch for him.

Multi Policy Discount

The more money you spend you with an auto insurance company generally leads to lower auto insurance. The most common multi-policy discount is awarded to policyholders who have a homeowners and auto insurance policy with the same company but some providers even qualify life, renters and boat insurance as qualified products. If you need multiple lines of insurance never forget to inquire about the multi-policy discount.

Multi Vehicle Discount

Own more than one car? The multi-vehicle discount is very popular especially for married couples or others who have joint auto insurance coverage. Anytime you insure more than one vehicle with the same auto insurance company its common to get a discount.

Customer Loyalty Discounts

Discounts for customer loyalty vary quite a bit depending on what provider you choose. From early renewal discounts to single accident waivers for long term clients there are benefits for staying with the same insurer. However how much you can save and whether or not the loyalty discount is attractive enough to keep you from switching auto insurance companies is generally not that high, but a dollar is a dollar so always ask your auto insurer about what they can do to keep your business at renewal time

Direct Auto Insurance Discounts

Buying direct (bypassing independent agents and/or brokers) can also save you money. Many auto insurance companies offer the best rates online and some even offer an extra $50 or $100 instant bonus for purchasing a policy through their website.

Should I always buy the Cheapest Auto Insurance?

No, auto insurance is very important and should only be compared by cost after you compare all the other details. Some of the most important important things to compare before even looking at the cost of auto insurance are:

• Type of Coverage
• Limits of Coverage
• Policy Deductible
• Any Policy exclusions or special requirements
• Reputation and Ratings of the Provider
• Customer Service
• Claims Handling Reputation

While most auto insurance quotes are generally comparable to each other there are times when auto insurance premiums can vary by $1,000 or more. These times are usually limited to comparing only a couple companies so always expand your auto insurance comparison search and focus on providers with quality reputation for claims handling, sufficient coverage and affordable premiums.

Compare Direct Auto Insurance Quotes