|
Home
> Insurance Products & Services
> Personal Lines
> Ohio Auto Insurance
> Auto FAQ's
12.
What
steps can I take to reduce my auto insurance rates?
Insurers often discount their
insurance rates for good
drivers and those who take safety and
security precautions. Depending on the insurer, you can
often lower your rates from 5 to 35 percent.
Sometimes the investment you make in your
vehicle is worth the discount, and sometimes it's simply
worth some peace of mind. For example, the purchase of
anti-lock brakes merits a discount from nearly every
insurer, but the discount probably will not pay for the
brakes during the normal life of your vehicle.
Insurers generally offer discounts for:
• Safety Features—Anti-lock
brakes, air bags and passive restraint systems (i.e.,
automatic seat belts).
• Defensive Driving—Clean
violation record, driver's education courses for teenagers
and defensive driving or accident prevention courses for
adults (insurance discounts for the latter are required in
some states).
• Security Systems—Alarms,
electronic locks and disabling devices.
• Changing Driving Habits—Commuting
by public transit, using a company vehicle for work-related
travel and car-pooling.
• Formal Agreements Not to Drink and Drive—The
availability of a discount for signing such an agreement
varies among insurers and states.
• Buying Homeowners and Auto Policies from the
Same Company—If
you own a home and an automobile and you are insured by two
different companies, check into the cost of carrying both
policies by one insurer. Your agent can give you guidance as
to which insurers offer discounts.
You can also lower your insurance rates by
requesting higher deductibles (the amount of money you pay
before you make a claim). Increasing your deductibles on
collision and comprehensive coverage from $100 to $250, or
even $500, will bring your rates down. Moreover, you may not
need collision and comprehensive coverage if you drive an
older car. Ask your agent which discounts are available to
you.
REQUEST A
QUOTE FOR AUTO INSURANCE
ONLINE TODAY!
Return to FAQ's
|
