Insurance Basics: Everything You Need to Know

4 Auto Insurance Discounts You May Be Missing Out On

Who wants to pay more than they should for auto insurance? Most insurance companies these days offer a number of discounts to eligible drivers as a means of helping them save money. While you may already be taking advantage of a few auto insurance discounts, you could also be missing out. In fact, there are a few insurance discounts that are commonly overlooked and worth asking your insurance company about.

Safe Driver/Accident-Free

When was the last time you received a moving traffic violation or were in an accident? If it's been more than a few years, there's a good chance you would qualify for a "safe-driver" discount through many major insurance companies. This discount is typically offered because drivers without accidents or tickets on their recent driving record are considered lower risk, so they're less expensive to insure. Many insurance companies will pass these savings on you!


If your insurance company offers more than one type of insurance policy and you have multiple policies through them, you should inquire to see if you qualify for any kind of multi-policy discount. By bundling your insurance policies, you can generally enjoy a savings of a few percent for each premium. For example, if you have auto insurance and home or renters insurance through the same company, be sure to ask if you qualify.

Organization Member

Members of certain organizations and unions may also receive special insurance discounts through some companies. Check with your auto insurance provider for more info and ask for a list of qualifying organizations, as these can vary greatly from one coverage provider to the next.

Low Mileage

If you drive less than 10,000 to 12,000 miles per year, you might also qualify for a low mileage discount. This is especially common for drivers who work from home or those who own recreational vehicles that they may not drive year-round. Keep in mind that you may need to show proof of your low mileage (such as an odometer reading) each year to maintain this discount, but it is a great way to save money on your insurance if you qualify!

These are just a few of the best auto insurance discounts that tend to be overlooked. Even if you only save a few bucks per month by taking advantage of one or more of these discounts, those savings can really add up. At the same time, you can continue to enjoy your same level of coverage.