As long as you don't need insurance right away, you may be able to get an early purchase discount. To qualify, some insurers require you to get a quote before your current policy expires. Others want you to get a quote seven days before your new policy takes effect. Geico is the only leading company that offers discounts on auto insurance for federal employees at Eagle level or higher.
Right now, the discount amount is 12% and applies to the policyholder's total auto insurance premium. Members of more than 500 corporate and alumni groups are also eligible for a group membership discount. For example, a company that doesn't offer discounts might end up offering a lower auto insurance premium than another insurer that charges a higher premium and offers 20 discounts.
Liberty Mutual
doesn't have a single “safe driver” discount, but it rewards safe driving with a number of benefits.Some insurers offer special discounts on car insurance to former students of certain universities, Greek life alumni, and members of professional organizations such as the United States Library Association. In addition, Liberty Mutual rewards customer loyalty with discounts for insuring more than one car and combining several policies, such as home and car. Liberty Mutual is very expensive because of agent fees and the overall increase in costs for insurance companies. Keep in mind that the availability and eligibility criteria for each discount vary by state and, in most cases, Liberty Mutual does not disclose the amounts of the discounts.
You can get the full payment discount from Liberty Mutual if you pay the full cost of your home or car insurance policy in one or two payments. The insurance offered is not a deposit and no depository institution insures, sells, or guarantees it at the federal level. For example, Liberty Mutual offers a preferential payment discount for drivers who set up automatic payments from a checking account, credit card, or debit card. Yes, Liberty Mutual has a teacher discount in the form of reduced auto insurance premiums for teachers.
Overall, married couples pay about 9% less for car insurance than single drivers because they're less likely to file a claim. Many of the best auto insurance companies offer at least a dozen discount opportunities for drivers to take advantage of and ultimately lower their premiums. That's why it's so important to compare car insurance rates, even if you receive a loyalty discount (or other). To find the best price and the best company for you, look for car insurance quotes at least once a year.
Insurers reward loyalty with discounts for long-time customers and for those who have multiple policies or cars insured under the same policy.