New Car Discount on Auto Insurance

Simply owning a new car can qualify motorists for a 10 – 15% vehicle insurance discount from a few companies. GEICO and Travelers offer this savings to the owners of automobiles, which are less than 3 years old but Allstate requires the auto to be only one year old and you must be the first…

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Automatic Payment Car Insurance Discount

There are so many saving opportunities that motorists may ignore or may not be aware of some of them. One of the least known car insurance discounts is offered by some companies for simply setting up electronic funds transfer (EFT) to settle premium installments automatically. Once arranged, the money transferred from your account to the…

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Good Driver Auto Insurance Discounts

A good driver is someone who hasn’t had a moving violation ticket and at-fault accident at least in the last three years. Every company has their own way of rewarding them and therefore the description, qualification requirements, length of years checked and most importantly the size of car insurance discount offered for being a good…

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Preferred Risk Auto Insurance

A vehicle insurer’s success depends on how good they are in assessing applicants. Generally outstanding motorists with no recent claim or traffic ticket and several years of driving experience are favored simply because they are much less likely to cause any trouble in the future. They get offered preferential rates, which are cheaper than standard…

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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…

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How to Get Discounts on Car Insurance

Many policyholders assume that vehicle insurers would automatically check and apply all the discounts they qualify at each renewal. After all, we are living in a computer age and it only requires few tweaks on quote calculation programs. It is definitely not much to expect the best rates when you are loyally sticking with a…

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10 Ways to Get Cheap Car Insurance for Seniors

Life can sometimes throw surprises like an increase on automobile insurance for seniors after a certain age (usually 70). Interestingly, the reasons for these hikes in premiums are similar to why teenagers get high rates. The statistical significance of too many older drivers involving in accidents is not ignored by underwriters and you should not…

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Does Car Insurance Go down at 25?

Normally 16, 18, 21 are much more significant in someone’s life cycle for obvious reasons. However, twenty-five is a milestone age in terms of automobile insurance. You come across this number many times in schedules and even on hire contracts. For example, some policies only allow occasional drivers who are over this age. So, does…

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Auto Insurance Discounts to Ask for

Have you ever had the feeling that you are not getting cheap automobile insurance currently? According to a new survey, you may be one of the many policyholders who are being overcharged. If the renewal is coming you should check if there are more discounts to ask for. This will quickly show how you are…

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What Are Automobile Insurance Surcharges?

Surcharges are essentially penalties for drivers whose actions caused vehicle insurance companies to believe that the risks of insuring such drivers increased and therefore they must charge higher premiums. They are in a way opposite of discounts offered for risk reducing factors and behaviors. Both surcharges and discounts are applied individually to qualifying (or deserving)…

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