If you wish to protect yourself against all possible risks in an auto accident, you would need to take different types of coverages like liability coverage, comprehensive coverage, collision coverage, medical coverage, and underinsured/uninsured motorist bodily injury coverage. When you combine these coverages, the monthly premium payment could be quite high. As such, you should be aware of the various discounts offered by the insurance companies, so that your burden on the insurance is reduced as much as possible. Some tips about the types of discounts that you could avail in Georgia are presented here for your benefit.
Direct Auto Insurance Discounts
If you have more than one vehicle, insuring all of them together with an insurance company would help you obtain discounts up to 10%, depending on the number of vehicles that you are simultaneously insuring.
Your driving history plays a big role in the decision of the insurance rates quoted by your insurance company. If you have a clean or near clean record, you would be able to negotiate for a discount on your premium rates with the insurance company. On the other hand, if your driving history contains a few accidents and traffic tickets in the past 3 or 5 years, you would not only be unable to get any discount but the premium rates quoted by the insurance company would also be higher.
In Georgia, if you are more than 50 years old, you would be able to get discounts up to 10%, depending on your health condition and safety driving record. The insurance companies normally consider persons above 50 as safe and reliable drivers and offer such discounts to them.
If you had installed safety and security devices in your car, the insurance company would appreciate that and offer you discounts. The more number of devices, the more the amount of discount you would get from the insurance company. Safety devices like seat belts, children protection devices, and air bags should be part of your car. Similarly, burglar alarm, anti-theft device, etc. would also fetch you better marks with the insurance company. You could expect discounts up to 10% in this category.
Mileage discounts are also offered by most of the insurance companies. If you could convince your insurer that you would not be driving too many miles every day and month, you would be eligible for some discount. Similarly, cheaper cars that require low maintenance are good candidates for discounts, while costly vehicles would result in higher premium rates.
Other Types of Discounts
By bundling your auto insurance, home insurance, and life insurance with a single insurer, you would be able to demand a discount from the insurance company. Similarly, if you offer to pay a higher deductible, your premium payment would automatically be reduced by the insurance company. If you wish to raise your deductible when an accident occurs, then you would surely be able to do by combing the deductible that you think you are capable of now and the amounts saved from the lowered monthly premium amounts in most of the cases. By judiciously mixing these discounts, you would be able save a significant amount of money on your auto insurance policy.