Steps to get discount auto insurance discount insurance good credit safe driver class ncrease your deductibles teenage child good grades

Step 1Have good credit. According to the Fair Credit Reporting Act, insurance companies can now use your credit information to determine both whether or not they want to insure you and how much your credit will affect your rate.

Step 2Take a safe driver class. Before you take a safe driver class, speak to your insurance company to confirm that it recognizes the institution you are using. It doesn’t make sense to take a class only to find out that your insurance company does not recognize the school and won’t give you a discount.

Step 3Place your homeowner’s or renter’s policy with the auto insurance company as well. Insurance companies offer what is called a multi-line discount if you place more than one line of insurance coverage with them.

Step 4Increase your deductibles. The higher the deductible, the lower your premium. However, before you go and increase your deductible, make sure you can handle the out of pocket expenses.

Step 5Ensure your teenage child has good grades. Insurance companies offer discounts to high school students with a B average or better.

Step 6Ask for other discounts. Never leave money on the table. Insurance agents know which discounts are available. For example, you’re a senior citizen or retired military personnel you may qualify for a discount. Chat with your agent.

Step 7Don’t take the first quote you get. Always shop.