Insurance Experts Explain What Is The Good Driver Discount
Car insurance companies are known to offer multiple discounts. Having anti-theft devices, good grades or low annual mileage will help a driver qualify for better premiums. Good driver discount is one of the most common discounts offered by insurers.
This discount can potentially save the policyholder several hundreds of dollars. The value of the discount varies by carrier and its requirements. Some companies require 3 years of driving without claims and incidents, while other companies may ask for 5 years.
In some cases, the discount is broken into 2 components, each one granting a separated discount. Those components are:
- Accident-Free Discount
- Violation Free Discount
When getting online quotes, the user will be asked 2 questions, one if he has been involved in an accident and made a claim in the past X years and if he was convicted of any traffic violation or caused an accident in the past Y years. Having 2 components actually works in favor of the insured. A driver can receive half of the good driver discount if he qualifies for just one component.
This discount is applied per driver. Anyone registered as a driver of a covered car will receive the discount when meeting the requirements. This means that a lot of money can be saved when multiple drivers get a good driver discount.
It can save a huge amount of money. As mentioned before, the value of the discount varies by insurance company. However, it is a generous discount and this is why so many drivers try to seize it. Some companies offer as much as 30%-35% off the premium value. The reason why it is so valuable and desirable is simple: insurance companies prefer to cover safe drivers who would make them a profit in the long term.
"Any driver should try to obtain the good driver discount. It could save them many hundreds of dollars", said
Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://compare-autoinsurance.org/
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