Save with Discounts
One of the best ways to save on cheap car insurance is to take advantage of any discounts for which you are eligible. Here are some common discounts for which you might qualify.
- Accident-free driver discount. Depending on the insurer, some companies will offer a safe-driver discount if you have had no accidents and no moving violations in the past three to five years. Make sure you ask your insurance agent about this discount before you commit to a cheap car insurance policy.
- Defensive driving/driver's education discount. Some insurers are willing to reduce the premiums of your cheap car insurance policy if you have recently taken a defensive driving or a driver's education course (for new drivers). The small investment in the cost of the class could be well worth what you'll save on your cheap car insurance policy.
- Car safety features discounts. If your vehicle comes with factory-installed motorized seatbelts or airbags, you might qualify for the passive restraint system discount on your cheap car insurance policy. Similarly, most insurers also offer considerable cheap car insurance discounts if your vehicle is equipped with anti-lock brakes and/or an anti-theft device. Consider adding an anti-theft device to your vehicle if you don't have one already to minimize the cost of your cheap car insurance policy.
- Good student. Most insurers offer a good student discount, which provides savings on a cheap car insurance policy for full-time students who meet certain GPA requirements.
- Senior discount. Getting older has its perks...most insurers offer a senior discount on cheap car insurance to those who are 65 and older.
- Multiple-policy discount. Insurers love to give financial breaks to customers who take out more than one policy with them. Thus, it usually behooves you financially to take out other policies along with your cheap car insurance policy. For instance, consider transferring your home or renters insurance policy to the company that provides your cheap car insurance to save money.
- Economy car. Some insurers offer discounts to motorists who drive economy cars. Typically, this is because these kinds of cars are capable of doing less damage in an accident.