Auto Insurance Affinity Groups Discounts

Affinity groups are usually formed around a common interest, purpose or goal and include businesses, government organizations, professional bodies, university, club, religious or sport associations. Auto insurance companies spend large sums of money on advertisements to find and convince new customers. So, it is no surprise that they are keen to work with most organisations as long as they have a large enough following to make the effort worthwhile, even if it means they have to offer some savings to strike a deal.

Along with cheaper auto insurance, they may also offer better policy packages with extra add-ons like roadside assistance, accident forgiveness and reducing deductibles to make it extra bit special for eligible motorists. Several companies reach millions of customers this way. And participating affinity groups offer one more benefit to their members, who could find these offerings helpful and save money.

Besides, participating in these programs doesn’t prevent motorists from qualifying for other discounts. They should still provide their details as usual and aim to arrange a policy that meets their personal needs. They should also try to make the most of their better qualities like being a good driver and having a good credit score and get even better rates.

In the same way, they may be served better by another company if they realize that they cannot achieve the level of personal policy customisation or get large enough discounts for their circumstances. There are many to choose from in the market and it is easy to find them online. They should not feel that they would miss out if they don’t participate but see these deals as another option.

Various Associations

The definition, acceptance and discount levels can be different depending on the vehicle insurer offering the deal. Companies form special partnerships with various groups and they may even offer them a little commission for promoting the brand. This is a powerful way of tapping into an already established customer base. For example, they may work with Alpha through Omega sororities and fraternities like Geico’s list found here. Some motorists can benefit from their ties with Honor Societies from colleges and qualify for around 5 – 10% signup bonuses.

Professional Bodies

Some professions have large industry associations including engineers, doctors, lawyers, teachers and others. Sometimes they are for the profession as a whole and yet it is only offered through a connection with an industry association and can be up to 15%. Quite a few people are already members but haven’t yet checked many benefits they can claim through them.

Business Partnerships

Some car insurance companies develop partnerships with many companies that result in better rates for the employees. Your employer may have pre-negotiated a deal with a major provider. They are either developed under a group buying plan by the business for their employees or through mutually beneficial ties. Allstate, State Farm, GEICO, Nationwide, Farmers, Travelers, The Hartford and Liberty Mutual are just a few of the names that have these business partnership savings in place. They can range between 5 to 10%.

Club Memberships

Membership to Costco, Credit Unions and clubs like AAA qualify motorists for discounts with certain vehicle insurers but they are usually required to pay a fee for this privilege. However, they are entitled to other benefits as well that may justify the fee.

Paid memberships often have various benefits. Take for example the Audi Club of North America that offers direct deals with Liberty Mutual. Others with similar arrangements include;

BMW, Porsche, Sports Car Club of America and Corvair Society of America.

They are not the only ones with such perks. Here are a few more of the associations and clubs offering savings on automobile insurance;

  • National Association of Federal Employees
  • US Club Soccer, World Golf Tour
  • National Federation of Independent Business
  • Institute of Electrical and Electronics Engineers
  • National Association of Federal Employees
  • National Association of Government Contractors
  • Esurance Discounts for Pac-12 University Students and Graduates
  • National Peace Corps Association

As you can see, vehicle insurance savings can be available from many sources. These are typically around 5% but can be as high as 10%. If you already have links with similar clubs, associations or organizations you should ask them about the perks.

Always keep in mind that there are many great carriers who have a very simple motto; apply the best rates available to everyone who deserves them. So, don’t make the mistake of thinking that you must grab these little deal sweeteners. You may still be able to find better automobile insurance rates from other carriers. You should definitely confirm it by getting several quotes from different sources and compare them for the final figure, coverage and quality of service. Don’t take these deals on their face value.