Auto Insurance Savings

Good reports can pay off with car insurance savings

Insure.com released the results of a survey of ways to save on auto insurance.  Good students (under age 25) can garner some the richest discounts around. Marital status and low annual mileage also ranked highest for average savings. But the amounts can vary widely, with some auto insurance companies offering savings topping 25 percent while others offer single-digit savings for the same discount.

The average discounts vary, but the amount of your discount will always be 0 unless you ask.  Here are the national averages for the discounts they surveyed.

  • Good Student – 16%
  • Marital Status – 14%
  • Annual Mileage – 11%
  • Use of Car – 10%
  • Concurrent Home Policy – 9%
  • Payment Type – 9%
  • Days Advanced Purchase – 8%
  • Residence Type/Occupancy – 6%
  • Persistency/Renewal Months – 6%
  • Concurrent Life Policy – 4%
  • Electronic Funds Transfer – 4%
  • Attained Degree – 4%
  • Vehicle Ownership – 4%
  • One-Way Commute – 4%
  • Days Per Week Driven – 4%

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>