Car insurance can get really expensive, especially if you own a luxury or sports car. Fortunately, car insurance discounts can help lower the cost of insurance. In fact, many auto insurance companies offer discounts for those serving in the military, taking a defensive-driving course, or even for bundling your car insurance with your home or renter’s insurance.
You can also find a bunch of car insurance discounts at insurance companies that you might not even know about, such as legacy, professional, and low-mileage discounts, among others. If your car insurance does not give you the type of discounts you need, then consider shopping around.
Here are the top car insurance discounts you might not know about.
1. Green Car Discount
If you drive a hybrid, alternate fuel, or totally electric car, you might qualify for a green car discount. What makes this great is that the government also offers incentives to drivers who’ve decided to go green. With a car insurance discount, you can increase the money you save even more, all in the name of saving the environment.
The insurance companies that offer a green car discount include Farmers, Liberty Mutual, and Travelers.
2. Professional Discount
One common car insurance discount is for members of the military. But did you know that people working in other professions can get discounts too? These “affinity discounts” offer car insurance discounts for teachers, doctors, nurses, and emergency responders on their car insurance premiums. You can also get discounts if you are a member of a college alumni association, sorority, or other professional organization.
You can get for this type of discount if you have insurance with Farmers, Geico, Liberty Mutual, and Travelers.
3. Daytime Running Lights Discount
Another little-known discount that you can get on your car insurance is for having daytime running lights on your vehicle. If set correctly, daytime running lights come on automatically whenever you drive your car. Daylight running lights make it easier for other drivers to see you and help prevent accidents. Best of all, these types of lights are now standard on many newer cars.
A daytime running lights discount is offered by Farmers, Geico, State Farm, and USAA.
4. Automated Payment Discount
Automated payment discounts require you to pay for your car insurance using your bank account or credit card. Also called paperless billing or electronic billing, automated payments come out of your account whenever you’re normally required to make a payment. Plus, this cuts out the hassle of having to remember to pay your car insurance.
This type of discount is offered at most of the major auto insurance companies, including Allstate, American Family, Farmers, Geico, Liberty Mutual, Nationwide, Progressive, State Farm, and Travelers.
5. Legacy Discount
This discount applies for new drivers who decide to get car insurance through their parent’s insurance company. Usually giving a discount of around 10 percent, a legacy discount is the car insurance company’s way of saying thank you for staying with us.
Keep in mind that often this discount is only for drivers under the age of 25 who’ve been insured on their parents’ policy for a certain period of time. This is a great teen car insurance discount, because it can help young drivers save money on their often-expensive car insurance premiums.
Insurance companies that offer a legacy discount include American Family, Farmers, and USAA.
6. Low-Mileage Discount
A low-mileage discount comes into play if you drive under a certain mileage for a 12-month period. Usually, this is under 7,500 miles and is great for people who don’t drive that often, such as the elderly or those who work at home. Insurance companies require your driving miles to be monitored using a device you place in your car or through an app on your smartphone.
A variety of insurers offer low-mileage discount, including Allstate, American Family, Farmers, Liberty Mutual, Nationwide, Progressive, State Farm, and USAA.