When shopping for low insurance rates in Chicago IL… one way to keep your personal auto insurance premiums affordable is to assure that you receive all the available auto insurance discounts. The following are discounts you should make sure you receive if you qualify. Some may not be available from all insurers, but it doesn't hurt to ask. These discounts may significantly affect the insurance premium.
- "Defensive Driving Discount." This discount is typically 10 percent under coverage’s such as liability, medical payments, and collision coverage. Defensive driving courses can cost as little as $20 and take as few as 5 or 6 hours to complete.
- "Good Student Discount." Statistics show that good students tend to be more reliable and mature than students with marginal grades, leading to better driving decisions. Therefore, Illinois car insurance companies allow a 5 to 10 percent discount if the student driver makes good grades, usually an overall "A" or "B" average in high school or college. If the child has to pay (or help pay) his or her own automobile insurance, this will be another motivator for him or her to make good grades.
- "Home/Car Discount." Many insurers offer discounts of 10 percent or more if they provide both the homeowners and personal automobile insurance. This can lower the costs on both policies.
- "Auto Safety Features." Most insurers recognize that owners with cars containing safety features may have fewer accidents and reduced injuries. Many insurers encourage drivers to purchase cars with antilock brakes by giving small discounts for these safety features. Other insurers give discounts for vehicles with airbags and daytime running lights.
- "Multicar." Illinois insurance companies provide generous discounts up to 15 percent if the insured has multiple cars on the policy. This reduces the insurer's administrative costs, on a per-vehicle basis, in issuing the policy.
- "Long-Term Customer." More insurers are offering discounts of 5 to 10 percent if the customer stays with them at least 5 years.
- "Claims-Free Customer." If you have been claim free and with the same insurer for at least 3 years inquire about a claims-free customer discount. These discounts help insurers retain customers with excellent driving records.
As always… I’m available to help you with your auto insurance quote if you are looking for the best rates in the Chicago Illinois area. Feel free to call anytime. 708.293.5500 x120