GEICO offers discounts for auto insurance members, organizations, or employees. Look for discounts for your organization and see how much you could save. Get a car insurance quote today and find out why 99% of our auto customers get at least one discount. Kara McGinley was a senior editor and licensed home insurance expert at Policygenius, where she specialized in homeowners and renters insurance.
If you're a teen driver who's also a college student, you may sometimes be entitled to a discount, even if you get good grades or if you're insured but live at least 100 miles from your home without a car on campus. You'll receive another discount simply for owning a home, even if your home isn't insured through Progressive's network of home insurance companies. Try using the following discounts to keep your car insurance rates as low as possible by comparing appropriate coverages. Perhaps the easiest way to save money on car insurance, discounts related to how you buy and pay for coverage are also often widely available at all insurers.
Like homeowners, some insurance companies may consider older drivers to be less risky to insure. Compared to other major insurance companies, Farmers has the most opportunities for auto insurance discounts. Auto insurance discounts that use telematic systems, that is, systems that monitor your behavior and the performance of your vehicle while you're on the road, can be used to significantly reduce your car insurance premiums. Perhaps the most common way to save money on car insurance is safe drivers (also known as good drivers), and no-claim discounts reward drivers for avoiding a wide range of risky behavior on the road.
To find the best price and the best company for you, look for car insurance quotes at least once a year. Newer cars and cars with specific safety features can result in discounts on car insurance because they are safer and less likely to cause costly accidents. Drivers with a clean record typically get a discount on their car insurance or simply qualify with lower rates. The final insurance policy premium for any policy is determined by the insurance company upon application.
Insurers sometimes reduce the cost of car insurance for drivers who have years of continuous coverage and have no history of late payments, even if the policyholder used to be covered by another provider. If you choose a single company and combine several insurance products, such as insurance policies for several cars or add homeowners insurance from the same insurer, the total cost is usually lower. You could reduce the cost of an auto insurance policy if you compare prices and change insurance companies.