It’s common knowledge that sensible driving, maintaining good credit, and excelling in school can help drivers secure better car insurance deals. But which auto insurance discounts are the best? Here are seven top discounts that could help eligible drivers cut their insurance premiums by up to 50%:
**1. Safe Driver Discount**
Most insurance companies offer significant discounts to drivers with a clean driving record. This means no accidents or moving violations in the lead-up to their policy period. Some insurers even lower the deductible each year you remain accident-free or refund a portion of your premium if you avoid accidents during your coverage period.
**2. Good Student Discount**
Insurers often provide appealing discounts to students who meet certain criteria. Specifically, full-time students aged 16 to 24 who aren’t married and maintain a good GPA can reduce their policy costs by 10 to 20%.
**3. Senior/AARP Discount**
Insurance providers often offer age-based discounts for senior drivers. Safe drivers aged 50 and over, including AARP members, can receive about a 10% discount on premiums, with some providers offering up to 20%.
**4. Discount for Drivers Above 25**
When drivers turn 25, they often benefit from lower insurance rates due to their mature decisions and safer driving habits. Many insurers offer around 10% off premiums for those who are 25 and older.
**5. Military Discount**
Active duty or retired military personnel can enjoy significant discounts on their car insurance premiums. These military discounts can range from 10% to 20% and also extend to National Guardsmen and Reservists. Companies like USAA, which cater exclusively to military members and their families, can offer particularly good deals.
**6. Federal Employee Discount**
Federal government employees can typically get around 10% off their auto insurance premiums, with some companies offering even higher discounts.
**7. Multiline Discount**
Insuring multiple assets with the same provider can lead to substantial savings. Whether you own a home, rent, or have more than one vehicle, bundling these policies can earn you a multiline discount of 10% to 30%, depending on the number of policies.
Make sure to take advantage of these top seven insurance discounts to save money on your car insurance. There are many other discounts out there, so be sure to check with your insurance provider to see which ones you might qualify for.