While auto insurance coverage is an important part of driving on the highways and roads where you live it doesn’t mean you have to pay the highest rates for your coverage. Each state has its own mandatory requirements but when you start adding in additional coverage, your insurance premiums could raise up accordingly. Here are some discounts that are available in the state of Connecticut to help reduce some of those costs. Check with your insurance carrier to see if they include any of the following savings.
Alternative Fuel Discount
This is one of the most recent discounts. You could save money on your car insurance if you drive an electric, hybrid or any other vehicle that uses alternative fuel. Check with your agent to see if your company offers this discount.
Anti Lock Brakes and Anti Theft Devices
You could save some bucks on insurance if your car is equipped with factory installed anti lock brakes on all four wheels. You could also save on your comprehensive coverage if you have anti theft devices in your car, like alarm systems, the LoJack retrieval system and any other device that will deter thieves from breaking in to your vehicle.
Air Bag Discount
Having factory installed air bags in your vehicle can save you money on your medical coverage. Some companies take into account other forms of passive restraint systems so check with your agent.
Take a Class
You could reduce your premium on the three major liability coverages, property damage, bodily injury and personal injury, if you take a defensive driving course. The discount will apply as long as it is for a private vehicle and the main person or people who operate the vehicle successfully complete a state approved class.
Good Student Discount
If you are a full time high school or college student under the age of 25, you may be eligible for a discount if you get good grades and keep them up. The requisites are you must be ranked in the upper 20% of your class, have a grade average of B or higher, have a grade point average of 3.0 or higher or have made honor roll or the dean’s list. This program is also available for are home schooled but proof of eligibility is required.
Multi Car Discount
If you are a two car family and there are at least two or more people at home who drive, you might be able to get a multi car discount. The vehicles must be primarily driven by you and/or residents of the household.
Some car insurance agents will give you a discount if you bring your life, health, homeowners and/or rental insurance to their company. Having everything under one roof makes it easier to keep track of for you.
Safe Driving Discount
Many automobile insurance companies will give a discount to their safe drivers. In order to be eligible for this discount you have to have a clean driving record for at least the past three years. This means no moving violations or accidents that were your fault.