25 Auto Insurance Discounts You Might Be Missing
Insurance companies offer numerous discounts, but they don't always volunteer them. Here are 25 discounts you should ask about—you could be leaving hundreds of dollars on the table.
Driving Behavior Discounts
1. Good Driver Discount (10-25%)
Clean driving record with no accidents or violations for 3-5 years.
2. Defensive Driving Course (5-10%)
Complete an approved defensive driving or accident prevention course.
3. Low Mileage Discount (5-15%)
Drive less than average (typically under 7,500-10,000 miles/year).
4. Usage-Based/Telematics (10-30%)
Install a device or app that tracks your driving:
5. Pay-Per-Mile Programs (20-50%)
Programs like Metromile or Allstate Milewise for very low-mileage drivers.
Vehicle-Related Discounts
6. Safety Features (5-10%)
Anti-lock brakes, airbags, electronic stability control.
7. Anti-Theft Devices (5-15%)
Alarms, tracking systems, VIN etching, steering wheel locks.
8. New Car Discount (5-10%)
Some insurers offer discounts for vehicles under 3 years old.
9. Hybrid/Electric Vehicle (5-10%)
Environmentally-friendly vehicles may qualify for discounts.
10. Dashcam Discount (5%)
Some insurers offer discounts for having a dashcam installed.
Multi-Policy Discounts
11. Multi-Car Discount (10-25%)
Insure multiple vehicles on the same policy.
12. Bundling Home/Auto (10-25%)
Combine auto with homeowners or renters insurance.
13. Multi-Policy (5-10%)
Add life, umbrella, or other policies with the same insurer.
Demographics & Membership Discounts
14. Good Student Discount (10-25%)
Students with B average or higher (typically under 25).
15. Student Away at School (10-25%)
Child at college 100+ miles away without their vehicle.
16. Military/Veteran (5-15%)
Active duty, reserve, veterans, and sometimes family members.
17. Senior Discount (5-10%)
Drivers over 50, 55, or 65 may qualify.
18. Professional/Alumni Associations (5-15%)
Check if your employer, alumni association, or professional groups have partnerships.
19. Federal Employee (5-15%)
GEICO and others offer federal employee discounts.
Payment & Policy Discounts
20. Pay in Full (5-10%)
Pay your annual premium upfront instead of monthly.
21. Automatic Payment (3-5%)
Set up autopay from your bank account.
22. Paperless/E-Billing (3-5%)
Opt for electronic statements and documents.
23. Early Signing (5-10%)
Sign up for new policy before your old one expires (loyalty for new customers).
24. Loyalty Discount (5-15%)
Stay with the same insurer for multiple years.
25. Homeowner Discount (5-10%)
Even without bundling, homeowners may get lower auto rates.
How to Claim These Discounts
Ask Directly
Provide Documentation
Be ready with:
Shop Around
Different insurers offer different discounts. If your current insurer doesn't offer a discount you qualify for, another might.
Maximum Savings Potential
| Discount Type | Typical Savings |
|---------------|----------------|
| Multi-car + bundling | 20-35% |
| Telematics | 10-30% |
| Good driver | 10-25% |
| Good student | 10-25% |
| All combined | 40-50% |
The Bottom Line
Don't assume your insurer is automatically applying all discounts. Ask specifically about each one. A 30-minute phone call could save you hundreds of dollars per year. And remember to ask again at renewal—new discounts may be available.