Shop Today’s Top Discounts on Local Auto Insurance - TdInsuranceRates.com

Top discounts and prices vary from auto insurance companies, so it pays to shop around. Get at least five free insurance price quotes. You can spend a great deal of time calling companies directly or access information on the internet with TDInsuranceRates.com. Your state insurance department may also provide comparisons of prices charged by major auto insurers.

Get fast insurance quotes online from multiple insurance companies. At Today’s discount insurance rates, or Tdinsurancerates.com, companies sell and quote directly to consumers over the phone or via the Internet.

Below are a few ways to receive top discounts on local auto insurance.

Check Top Discounts on Local Car Insurance Rates

Ask for higher deductibles

Deductibles represent the amount of money you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 percent to 30 percent. Going to a $1,000 deductible can save you 40 percent or more.

Take advantage of low-mileage driver discounts

Some companies offer auto insurance discounts to motorists who drive a lower than average number of miles per year. Low mileage discounts can also apply to drivers who carpool to work.

Buy your homeowners and auto coverage from the same insurer

Many insurers will give you a discount if you buy two or more types of insurance from them. Also you may get a reduction if you have more than one vehicle insured with the same company. Some insurers reduce premiums for long-time customers. But shop and compare online; you may save money buying from different auto insurance companies despite the multi-policy discount.

Seek out safe driver discounts

Companies offer discounts insurance quotes to policyholders who have not had any accidents or moving violations for a number of years. You may also qualify for a cut if you have recently taken a defensive driving course.

Inquire about other discounts

You may get a break on your insurance quote if you are over 50 or in some cases 55 and retired or if there is a young driver on the policy who is a good student, has taken a drivers education course or is at a college, generally at least 100 miles away.

When you comparison shop, inquire about discounts* for:

$500 deductible
$1,000 deductible
More than 1 car
No accidents in 3 years
No moving violations in 3 years
Drivers over 50-55 years of age
Driver training course
Defensive driving course
Anti-theft device
Low annual mileage
Air bag
Anti-lock brakes
Daytime running lights
Student drivers with good grades
Auto and homeowners coverage with the same company
College students away from home
Long-time customer
Other discounts

*The discounts listed may not be available in all states or from all insurance companies.

But don’t forget that the key to savings is not the discounts but the final price. A company that offers few discounts may still have a lower overall price.

But don’t shop by discount price alone. You want a company that answers your questions and handles claims fairly and efficiently. Ask friends and relatives for their recommendations. Contact your state insurance department to find out whether they make available consumer complaint ratios by company.

April 2, 2010