My car has an alarm. What’s the discount?
Posted on January 19th, 2012
Auto insurance companies offer plenty of discounts to their clients. You might receive a lower rate on your policy if you boast a driving record free of accidents or speeding tickets. You might receive receive a discount if park your car in an enclosed garage over night or if you drive a low number of miles each week. Insurance companies might even give you a price break if you take out more than one form of insurance with them; you might see a discount, for instance, if you take out a life and auto insurance policy with a company.
One of the easiest ways to receive a discount on auto insurance, though, is to purchase some sort of an alarm system for your car. Insurers pass out discounts for car alarms because these devices make it less likely that a thief will steal your car or break into it.
Tags: Discount
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I just took the AARP Driver Safety Program. How long will the premium discount last?
Posted on May 19th, 2011
You should receive a discount for three years.
Tags: Discount, Discount Last
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If Proposition 17 Passes, Who Would Qualify for the New Discount?
Posted on April 30th, 2010
The Times’ editorial board came out in opposition to Proposition 17, a measure on the June ballot that would enable a new “continuity” discount for drivers who switch insurance companies. It’s a variation on the current loyalty discounts that insurers can offer to encourage drivers to renew their policies. The primary backer of Proposition 17, Mercury Insurance, argues that the loyalty discounts deter competition by discouraging people from changing insurers, and that adding a continuity discount would remedy that problem. The editorial counters that Proposition 17 is based on flawed logic and runs counter to the spirit of Proposition 103 — a 1988 initiative that tied auto insurance rates more closely to a driver’s record.
The edi
Tags: Discount, Proposition 17
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