You can get a discount on car insurance if you have a vehicle equipped with safety features such as anti-lock brakes, electronic stability control or adaptive headlights. Six of the 10 largest insurance companies offer discounts on security benefits, and the requirements are generally the same among insurers. However, the exact discount amounts may vary by company and state. For example, the discount on State Farm security benefits can help you save up to 40% on your medical payment coverage.
For example, drivers can get a discount of up to 15% if they insure a car that is three years old or younger. Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles. You can get a discount on car insurance with passive restraint if you have safety devices in your car, such as airbags or automatic seat belts, which are automatically activated in the event of a collision. Only four of the 10 largest auto insurance companies offer military discounts in every state in which they operate, although all insurers in the state of Louisiana are required to offer a 20% discount.
Similarly, insurers offer discounts to drivers who use the same insurance company for other types of insurance, such as homeowners or renters. You can get a good student discount on car insurance if you're a high school or college student with a minimum grade point average B. The best way to save money on car insurance is to lower your base premium by taking steps to reduce your risk as a driver. Additional savings are available if you have other State Farm insurance products, such as homeowners, renters, condo or life insurance, in addition to vehicle insurance.
Most insurance companies clearly advertise their auto insurance discounts, so you should always check your insurer's website to see if there are any discounts you can qualify for. Esurance doesn't offer as many discounts as some larger auto insurance companies, but there are still plenty of opportunities for drivers to save. Allowing an insurance company to track your actual driving habits, usually through a device connected to your car or a smartphone app, can offer substantial savings. You can get a discount for driving defensively on car insurance if you complete an approved driver education course.
The 10 biggest insurance companies offer a good student discount, and the requirements are generally the same among insurers. However, insurers in Hawaii, Massachusetts and Montana do not allow insurers to consider the customer's marital status when calculating their insurance premium.