Low annual mileage often offers a reduced premium on auto insurance. Usually 5,000 annual miles or less driven each year is consider the lowest possible discount.

Senior citizens can receive a reduced premium on their auto insurance rates.

You may be entitled to discounts based on your involvement with professional organizations, professional associations, or your employment.

Also, discounts are given to personnel on active duty, retired military personnel and members of the National Guard or Reserves.

Believe it or not, some insurance companies also use your credit rating when considering extending auto insurance discounts, and a poor credit rating can affect your auto insurance premium.

A change in coverage will also effect your auto insurance rates. Increasing your deductible will lower your auto insurance rates. Drop collision coverage if the value on your car is low, especially if your car is worth less than your deductible. Raise your insurance deductible if you have the cash on hand to cope with making a larger financial contribution in the event of an accident.

Insurance companies also provide auto insurance discounts for anti-theft features such as cut off switches, computer chip keyed ignitions, vehicle alarms, and vehicle tracking devices .

Factors that impact your auto insurance rates are the type of vehicle safety rating and vehicle safety features your vehicle may contain such as air bags and anti-lock brakes.

Other insurance discounts may be obtain for safe cars with passive restraint systems and your rate might be lower if your vehicle is equipped with safety features like factory-installed motorized seat-belts.

You may not know it, but there are many potential ways to get discounts on auto insurance. This article will give you valuable information on auto insurance discounts. How do you obtain auto insurance discounts? Reading this article is the first step in obtain auto insurance discounts. Some insurance companies recognizes multiple policy, safety conscious and claim free customers with premium insurance discounts.

Get the discounts you deserve from an insurance company that’s as responsible as you are. The best way to receive Auto Insurance Discounts is to shop around carefully and obtain as many quotes as possible for comparative coverage’s. It’s important when shopping for an auto insurance quotation that you ask if there are any discounts that could apply.

Overall, your safe driving record is by far the biggest contributor to auto insurance discounts. If you have not had any moving violations or accidents for the past three years, you may be able to reduce your premiums by up to 40 percent through safe driving auto insurance discounts.

Discounts For Safe Drivers and Premier Discount if you have a clean driving record (no accidents, no violations) during the past 3 years, you could get rewarded with a lower rate. Overall, your safe driving record is by far the biggest contributor to auto insurance discounts.

If you are younger than 25 years old, single and a full-time student who meets certain GPA requirements, you could be eligible for a good student discount.

Auto insurance companies offer a broad range of discounts. To explore lower cost auto insurance options, look for auto insurance discounts for students, teachers, young drivers, safe drivers and military personnel, multi vehicles, multi insurance plans etc, talk to your agent to confirm if you are receiving all available discount that may apply to you.

If after shopping for auto insurance you do make a switch to a new carrier, make sure to properly cancel out your old auto insurance policy. Do not assume that if you just stop paying premiums your policy is automatically canceled.

If you signed up for auto-renewal, your current provider could report you to credit bureaus for non-payment. Instead contact your current insurance agent and notify them that you are terminating your policy, doing this will prevent them from billing you for future coverage. Also let your agent know that you want the termination confirmed in writing. It gives you proof that you canceled the policy if you continue to get billed so you can dispute the charges or credit report entry.

Having a lapse in your auto insurance coverage could lead to serious legal and financial challenges, especially if you become involved in an accident while uninsured. In addition, depending on what state you live in and the driving laws, your old insurer could report your terminated policy to the state. If there is not a clear overlap or smooth transition from one policy to another, you could be penalized or find your driver’s license suspended.

Having a laps in coverage’s can also cause insurance companies to charge you higher premiums down the road because they may perceive you as a “high-risk” driver. When changing auto insurance companies/plans, your new insurer should be able to time the new policy so that it begins exactly as your old coverage ends.

If you are looking for a better premium cost for your auto insurance, first place you may want to look at is your current insurance carrier. Talk to your insurance agent and let him/her know that you are looking for a lower cost insurance plan. If your auto insurance agent deals with many different insurance companies, then they may have a one that can provide you with a lower cost. Keep in mind typically your auto agent is not going to shop your rates out without you requesting them to do so.

If you went directly to an insurance company it is still worth you calling about reducing your costs. They can go over all their discounts that may be available that you do not already have. They can also go over your coverage’s, they may be able to be reduced or increased your coverage’s to save you money.