It is always against the law to drive without auto insurance, but that doesn’t mean you have to cancel your cable TV or your subscription to Better Homes & Gardens. There are better ways to build money and keep your finances in line, including these modern auto insurance discounts.
1. Safe Drivers
Being a trustworthy driver has its advantages: You don’t have to pay for costly repairs to a damaged vehicle, no one ever gets hurt on your watch and you might qualify for unique auto insurance discounts. Specifically, some states require that insurers provide premium discounts to consumers who complete driver safety courses, according to the AARP.
Thirty-six states require the discount if you take the Driver Safety Program in a classroom with an approved instructor, and 10 states even require it if you catch the course online. This can mean a serious auto insurance reduction even if you’ve had tickets or accidents in the past.
2. Retirees
Did you know that there are original auto insurance discounts for retirees? Some car insurance companies give reduced rates to seniors who are at least 55-years-old and are no longer employed full-time.
This is not a requirement, of course, and all insurance providers are different. However, if you can find a provider in your area who offers this discount, you’ll save a bundle on car insurance.
3. Students
Younger drivers aren’t left in the dust. Other unique auto insurance discounts include reduced rates for full-time students. If you’re getting your education, you probably don’t have extra money to throw around, and with the discount you might be able to afford a few non-Ramen meals outside the dorm.
In most cases, unique auto insurance discounts for students require that the consumer be under 24 or 25 years of age and maintain a certain grade point average. You might not qualify if you are married or included on your parents’ insurance coverage.
4. Students’ Parents
One of the most unique auto insurance discounts available is the reduced rate for students’ parents. If you support a child (he or she lives with you, in other words) you might qualify for a discount. However, there are always lots of stipulations, so you’ll want to check with your insurance agent for details.
5. Farmers & Ranchers
Many farmers and ranchers own dedicated vehicles that never leave their property. In this case, you might qualify for a unique auto insurance discount that insures your truck for less.
Remember that in order to qualify for this discount, you will need to own an applicable vehicle that follows the rules on the policy. Otherwise, you might wind up paying worthy more.
There are plenty of other unique auto insurance discounts that you might not have heard about. If you want to take advantage of them, you’ll need to sit down with your insurance agent and discuss the options available to you.
It is also a salubrious idea to research other insurance providers from time to time. You never know when a unique auto insurance discount is going to crop up that would save you money on car insurance.
Source:
Filed under Aaa Auto Insurance by on Feb 26th, 2011. Comment. 
Senior citizens and older drivers, like teenagers, find themselves at a disadvantage when it comes to car insurance. A number of factors, such as crashes per miles driven and accident fatalities according to age group, cause insurance rates to begin to rise once a driver reaches the age of 60. Considered only slightly less risky than new drivers there are some things seniors can do to keep the rising costs of auto insurance to a minimum.
Most states now offer mature defensive driving courses designed to keep driving skills sharp. As is the case with Driver’s Ed, about two thirds of all states mandate insurance companies give policy discounts upon completion of these courses. Generally, the cost for these two day courses is less than $30.00 and may well provide a 10% discount on auto insurance for 3 years. Checking with your insurance agent, AAA, or AARP can get you information on where courses are offered in your state along with actual costs.
Seniors should carefully consider the vehicle being driven for a number of reasons. As a rule most insurance companies give discounts across the board for safety and anti-theft features, updating or upgrading could save money over the long haul. Additionally, as we age our reflexes and reaction time slows, so now more than ever it is principal for the car to be properly maintained and easy to operate.
One of the biggest money savers on car insurance is also the most obvious – avoiding accidents. Any driver regardless of age who is uncomfortable during certain conditions such as weather, darkness, or rush hour should simply just not drive.
Joining AAA, or AARP is well worth the yearly fee, not only will it save you money on car insurance in some cases, but it can also do on repairs. Always shop around for the best prices, or at the very least review your policy yearly with an agent to be sure you’re not missing any discounts.
Sources:
http://www.hometownquotes.com/auto-insurance-tips-for-seniors.html
http://www.sbaaa.com/Insurance/Auto/auto_insurance_senior_citizen_drivers.htm
http://www.seniorjournal.com/NEWS/Discounts/2007/7-06-28-SenCitCanFind.htm
Filed under Aaa Auto Insurance by on Feb 24th, 2011. Comment.
