We all want to get the best car insurance quotes when looking for a new policy. And with every year passing by it seems harder and harder to fulfill. Car insurance quotes tend to increase over time since repairing medical costs are constantly on the rise in this country, and these are the primary elements in the equation of the final rates you will be charged with. Still, there are always means to optimize your costs and car insurance isn’t an exception. One of the most overlooked methods for decreasing insurance costs is using discounts that are available at just any insurance company. The amount and requirements for discounts may vary from company to company, but there’s a common list of discounts that all providers tend to share. When looking for auto insurance quotes that are unaffordable you will find that these are some of the most widespread incentives to employ:
Drivers who stay with the same company over a long period of time usually get a discount for every consecutive year of continuing their policy. The requirement varies from company to company but it’s usually 3-5 years of uninterrupted coverage to qualify.
If you manage to avoid filing any claims over a period of time then you will get a no claims discount. It can be very effective in optimizing your insurance costs.
There will, however, be a period of 3-5 years where you have to avoid making any claims and the discount will be lost instantly the moment you actually get into an accident.
Households with several cars can get lower quotes if they cover all the vehicles with the same policy. It’s easier for insurers to do all the paperwork for several cars at a time and the coverage risk tends to be lower with several cars compared to a single vehicle.
This discount applies only to car insurance companies that provide a broad range of insurance services. If you have a home insurance policy with the same provider you’re looking forward to buying car insurance from, your car insurance quotes will be lower. Make sure to ask your current insurance provider whether they offer car insurance.
Teenage drivers always get high car insurance quotes because they are classified as high risk. However, if you’re a good student the insurance company will regard you as a responsible person and provide you with a discount. You’ll have to provide a copy of your grade report on a regular basis to keep this discount active.
The less you drive the less likely it is for you to have an accident. That’s why insurers usually provide good discounts to drivers whose yearly mileage doesn’t exceed the average limit of 10,000 miles.
Senior citizens usually get higher car insurance quotes because they tend to produce collisions more often. However, most companies tend to decrease the financial impact for them and provide drivers who are aged over 65 with reasonable discounts.
Members of the military and certain groups of governmental agency workers may get a good cut in their insurance rates. It is advised to consult with the particular insurance provider on the matter.