Two shocking studies prove that insured drivers have significantly overpaid. This is the trick your auto insurer does not want you to know.
Survey of 1,000 zipcodes shows that the average driver may save $859.00 a year by finding the right insurer. During January -- 19,994 U.S. drivers have trusted this to get extreme insurance discounts.
After much research and feedback, we've posted the following list of discounts that may very well help you find a winning insurance company. Without this guide, many of these discounts are difficult to find online, but please contact us if we've missed any discounts or if they've changed. Find our top 6 below (and how to save the most with them on the bottom of this page).
We've been able to find 246 insurers, but we found just 7 that will give you an extremely high discount if you drive less than 25 miles per day.
Next, to max out your savings, this brings us to driving record discounts.
There are a few insurers that will give a discount for no traffic tickets within 3 years. Secondly, having no car accidents in the last 3 years shows to an insurer that you're skilled at avoiding accidents and your care while driving.
If you are at least 25 years old, you are in one of 4 age brackets that will give you an extremely high discount. Each insurer greatly varies their discounts. Companies have a risk-calculator that assumes drivers become careful as they age. The surprising part is that a 54 and a 55 year old will pay dramatically different rates at one insurer, but nearly the same rate at another insurer. These exact age brackets vary by the insurer because they all use different sets of data they analyze.
The popular age brackets are if you're over 25 years old, you get the largest discount. Furthermore, if you're over 39 or 55, you'll get another discount. Those over 55 often get extra savings because they get a retirement or "pleasure use" discount.
Additionally, if you live in a qualified postal code or neighborhood without a lot of thefts, you can save even more. Has your agent told you these discounts?
Consumer Fed has warned that 45% of major insurers unfairly hike up loyal customers’ rates just to maximize profits – insurers call it “price optimization.” This means your insurer will keep barely increasing your rate so it's statistically unlikely that you'll leave – this way your insurer makes a higher profit. The rule to fight back is simple. To get the biggest savings, compare discounted rates from a vast network of insurers (that are licensed in your area).
Step 1) Choose your driver and mileage discounts below.
Step 2) After you've entered your zipcode and complete the 60 second questionnaire, you'll have the opportunity compare the best rates in your area to possibly save hundreds per year.
71% of respondents that shopped said they obtained quotes online. Most shoppers got 2-3 quotes.(ComScore Auto Insurance Shopping Reports)
Discount Drivers shows how safe drivers are considered low risk to certain insurers. Comparing as many insurance rates as possible is an almost certain guarantee to get the lowest rate.
Many insurance companies see DUI drivers as a huge financial risk. Some of these insurers have decided to reward good drivers (without a DUI) with highly discounted rates.