Car insurance can be expensive, with premiums averaging well over $1,500 in many states. However, there are ways to lower your car insurance bill, and all you have to do is ask.eligible discounts. Applications are often handled by inexperienced customer service reps, so it's important for consumers to speak up and ask about specific discounts.
So what are the top car insurance discounts?
Multiple-policy and multiple-vehicle discounts
Consumers who have multiple policies with the same insurance company often land discounts of 10% or more on auto insurance. Qualified policies can include a homeowners' insurance policy, a second car insurance policy or even health or life insurance, depending on the provider.
The low-mileage discount is probably the best-kept secret in the car insurance industry, and it's not offered by all providers. But it's worth checking on. If your insurance company does offer this discount, it can exceed 40%, especially if you work from home or take public transportation to work.
Car insurance companies want drivers who are low risks, so if your driving record remains clean for three years, most insurers will reward you with a small discount.
Discounts for vehicle safety features
When you're shopping for a vehicle, always look at the safety features. Factory-installed features such as anti-lock brakes and airbags almost always lower the cost of your car insurance. A good place to research vehicle safety ratings and features is the Insurance Institute for Highway Safety website.
Many employers and organizations have agreements with insurers to provide member discounts. If you pay dues to any organization or have a human resources department, inquire about possible car insurance discounts.
Hybrid-vehicle discountsHybrid Travelers Policy, which provides a discount of up to 10%.
With knowledge on your side, it is possible to cut your car insurance premiums by 20% or more simply by taking advantage of available discounts.
This article was reported by Alan Dunn for U.S. News & World Report.
Published Dec. 16, 2010