
Surely, everybody wants to save money on the cost of their car insurance, especially at this time in which the cost of living is rising.
Well, the good news is there are various different types of discounts that car insurers commonly offer. So, take a look at the seven discounts below to see if youโre eligible for any of them.
1. Multi-policy Discount
If you have more than one type of insurance or intend to take out more insurance policies, youโll automatically qualify for this discount option.
A multi-policy discount refers to getting a discount when you take out one or more types of insurance in addition to your car insurance with your insurer.
So, by getting your home insurance or life insurance with the same insurance company, for example, you could get a good discount.
Typically, discounts that insurers offer for multi-policy insurance range between 5% and 25%.
2. Multi-car Discount
If you own more than one vehicle, or are thinking of getting a second trendy car, you will be eligible for a multi-car discount with most insurance companies, as long as you insure all of your vehicles with that insurer.
Typically, multi-car discounts range between 8% and 25%.
3. Safe Driving Discount
If you maintain a clean driving record, you could get a discount on your car insurance. Thatโs because youโll prove to your insurer that you drive safely and are at low risk of causing an accident.
So, ask your insurance company about safe driving discounts. For instance, the Progressive Snapshot safe driving program tailors the price of your car insurance policy to the way you drive. But there are other options from other insurers out there, so make sure you shop around.
Motor1 reviews Progressive Insurance to find out precisely how the company stacks up in comparison to other car insurers.

4. Vehicle Safety Discount
If your car is fitted with safety equipment like airbags and antilock brakes, you could qualify for a discount on your auto insurance. In fact, if you have a full front-seat airbag, you could potentially get as much as 40% applied to your medical bills or personal injury coverage.
So, make sure you ask your insurance company about the discounts it offers for installing safety features. If your current insurer doesnโt offer this kind of discount, as with the other options listed here, you always have the ability to switch insurance companies.
5. Pay-in-full Discount
If you can afford to pay your car insurance in full on an annual basis rather than breaking the cost down into monthly payments, you could get a discount. Comparing different insurance companies, pay-in-full discounts typically range between 6% and 14%.
6. Early-bird Discount
Many drivers donโt realize that they can potentially get discounts on their car insurance by buying new policies before their current ones expire.
The requirement for the number of days in advance of your current policyโs expiration date differs from one insurance company to another, but in general, you can get a discount if you take out a policy between seven and fourteen days before the expiration date.
Typically, you can expect to receive a discount of between 2% and 15%.
7. Defensive Driver Discount
Some insurance companies will provide you with a discount if youโre willing to complete an approved defensive driving course. However, the majority of insurance companies only offer this discount to drivers who are fifty and older.
If youโre eligible for this discount and you successfully pass an approved defensive driving course, you should be able to get a discount on your car insurance of between 5% and 10%.