17 Auto Insurance Discounts You May Be Missing Out On
With prices on just about everything soaring this year, there are some simple ways to save on auto insurance. The Sarrica Insurance Group offers these 17 discounts that, when combined, can significantly reduce your out-of-pocket expenses.
Read over these discounts and reach out if there are ones you think you may qualify for that aren’t currently noted in your account.
1. Auto Pay (EFT)
Auto Pay is a convenient option in which annual premiums are paid automatically on their due dates using your default credit card or bank account. Auto Pay allows you to avoid late fees and frees you from remembering when to pay. Even better, you can get a discount just for signing up.
2. Multi-Policy
Also known as bundling, a multi-policy discount kicks in when you purchase auto insurance and other lines of coverage from The Sarrica Insurance Group.
3. Paid-In-Full
If you choose to pay in one full payment, you can receive a discount on the total cost of your initial insurance premium or renewal.
4. Paperless
If you choose to have documents emailed instead of snail-mailed, you can enjoy a paperless discount on your auto insurance account.
5. Defensive Driving
A defensive driving class teaches drivers to employ safe driving strategies when behind the wheel. Taking an approved class can result in a discount and possibly remove points from your record to further reduce costs.
6. Five-Year Accident-Free or Three-Year Safe Driving
If you’re a safe driver, you should be rewarded for it. Drive accident-free for five years or safe for three, and you may be able to receive a good driving discount.
7. Married
Studies show that married drivers are less likely to file claims than other drivers. That said, married drivers typically pay less for car insurance. If you recently got married, let us know so you can take advantage of the discount.
8. Distant Student
The distant student discount applies to students away at college with no vehicle except when home for vacations, breaks, and the summer months.
9. Good Student
The good student discount is for young drivers who earn good grades in school. This discount assumes that drivers responsible in school will also be responsible on the road.
10. Anti-Theft or Active Alarm
If your vehicle has an anti-theft device or an active alarm, you may qualify for a discount on your comprehensive coverage costs.
11. Anti-Lock Brakes
Since anti-lock brakes help prevent accidents, we’re happy to offer a discount if your vehicle is equipped with the now-standard braking system.
12. Passive Seat Belt
The passive seat belt discount is for vehicles with automatic seat belts or factory-installed airbags, including side airbags. Seat belts that you must physically lock into place do not qualify.
13. Vehicle Tracking System
A vehicle tracking system helps police locate where your car is so that it can quickly be recovered if stolen. Some systems are installed in the factory; others are aftermarket devices installed after a car is purchased. The most popular systems include OnStar, BMW Assist, Toyota Safety Connect, Lexus Enform, Mercedes-Benz Teleaid, Mobile IQ, Zoombak, and LoJack.
14. VIN Etching
VIN etching is the permanent engraving of a vehicle's federally registered vehicle identification number (VIN) onto its windshield or windows. If your car has the passive anti-theft measure, you may be able to receive a discount on your insurance.
15. Daytime Running Lamps
Daylight running lights turn on during the day making it easier for other drivers to see you and helping to prevent accidents. Vehicles equipped with the running lights as standard equipment will enjoy a slight discount.
16. Low Mileage
Most auto owners drive around 14,000 miles per year. If you drive significantly less—around 7,500 miles per year, or roughly 20 miles per day—you may be eligible for a low-mileage discount.
17. Telematics
Telematics is a method used to collect information about your mileage and driving habits. If data shows you're safer than the typical driver, you may be eligible for a discount.
If it has been a while since you last reviewed your policy for discounts, give us a call at 516-277-0812. We’re happy to look over your policies to ensure it’s up-to-date and that you have the best coverage at the best available price.