The Top 10 Discounts You Might Be Missing on Your Insurance

Discounts are the secret ingredients that could make your insurance policy a lot sweeter. They can significantly decrease your premium and make your coverage more affordable. However, they're often overlooked. Here are the top ten discounts that you should ask your insurer about:

1. Multi-policy discount

• Combine multiple types of insurance (like home and auto) with the same insurer.
• Often leads to a significant reduction on total premiums.
• Consolidating your policies can also simplify your payments and paperwork.

2. Multi-car discount

• Applies if you insure more than one vehicle on the same policy.
• You get savings for each additional vehicle.
• Helpful for families with multiple drivers and cars.

3. Good driver discount

• Insurers reward you for having a clean driving record.
• No at-fault accidents or traffic violations usually means a discount.
• Encourages and rewards safe driving habits.

4. Good student discount

• For young drivers who maintain a B average or higher.
• Often applies to students in college up to age 25.
• Motivates students to excel in school while benefiting parents' wallets.

5. Defensive driving course discount

• Discount given to those who've taken an approved defensive driving course.
• Aimed to improve driving skills and prevent accidents.
• Course cost usually offset by insurance savings over time.

6. Low mileage discount

• If you don't drive much, you might qualify for a discount.
• Typically applies to those driving under a certain amount of miles annually.
• Saves money and promotes less road usage.

7. Homeowner discount

• Many auto insurers offer discounts to policyholders who own their home.
• Homeownership seen as a sign of stability, which insurers reward.
• Another reason to consider bundling home and auto policies.

8. Advanced quote discount

• Some insurers offer discounts if you get a quote before your current policy expires.
• Encourages you to shop around and not auto-renew.
• Can promote better financial planning and savvy shopping.

9. Paperless billing discount

• Go green and save some green by choosing paperless billing.
• Saves you clutter, and saves the insurer mailing costs.
• Easy to manage online and good for the environment.

10. Pay-in-full discount

• You may get a discount for paying your premium in full upfront.
• Eliminates the risk of missing a payment.
• Allows you to forget about monthly payments and focus on other things.

These are just a few of the most common discounts offered by insurers. Remember, discounts vary by insurer and region. So it's essential to ask your insurance provider what discounts they provide and how you can qualify for them. It could make a more significant difference to your budget than you think!

Let's connect and keep your insurance sharp and current!

?? Visit us at?SFGwinnett.com

Stay tuned on our social platforms for more tips and updates:

?? LinkedIn:?Nicholas Peters??? Twitter:?@SFGwinnett??? Facebook:?SFGwinnett??? Instagram:?@thepetersagency