Even though auto insurance rates are mandatory in every state, there are some discounts available that will help keep your costs down. The insurance commissioner in each state sets 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 West Virginia to help reduce some of those costs. Check with your insurance carrier to see if they include any of the following savings.
Multi Car Discount
You could save some money if you insure more than one vehicle under the same policy. If you are a two car family and there are at least two or more people at home who drive, you should qualify for a multi car discount. The vehicles must be primarily driven by you and/or residents of the household.
Bundling is the new name for bringing all of your insurance needs under one roof. Some car insurance agents will give you a discount if you bring your life, health, homeowners and/or rental insurance to their company. Having all of your insurance policies at one place makes it easier to keep track of.
Safe Driver Discount
Almost every automobile insurance company rewards their safe drivers for obeying the rules of the road. 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. Some companies will even increase your discount accordingly as you keep your record clean for longer periods of time.
The more you know, the more you can save!
The best way to keep accidents down is to educate drivers to the rules of the road. 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.
Smart Student Discount
You could save on your car insurance if you are a full time high school or college student under the age of 25, you get good grades, and you 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 students but proof of eligibility is required.
Air Bag Discount
Most vehicles from 1993 on have been produced with air bags that have been installed at the factory. Seat belts are now commonplace on vehicles but air bags are still relatively new. If you have a newer vehicle that has air bags, and especially passenger side airbags you could get a break on your PIP and Supplemental Medical Payments coverage.
Additional Safety Discounts
The more safety features that you have on your vehicle, the lower your rates may be. Anything that you do to cut down the risk of theft will be reflected in your rates. Anti-theft devices include loud sounding alarm systems, Lo-Jack recovery retrieval systems, and etched VIN numbers on the windshields which stop thieves from altering them in any way.