Handyman California Auto Insurance Discounts
Handyman California Auto Insurance Discounts: The price of automobile coverage in the Golden State can be down right unaffordable for some residents, especially for those who may be newly licensed, have blemished driving records, or simply own an expensive vehicle. Fortunately, a number of the car insurance companies offer motorists multiple discounts for numerous reasons, and taking advantage of any that are applicable may end up saving a Californian a great deal of money. Consumers should become aware of all of the types of rate reductions offered by insurers to help make the cost of policies as affordable as possible.
One of the most common discounts available to CA motorists is the good driver discount. If a motorist has a clean history they can have premiums reduced in the area of 20%, which is a substantial savings. Unfortunately, many drivers have received tickets or been involved in traffic accidents and may not be eligible for the “good driver discount”, however, there are other savings available that can lower rates. Many teenagers who have just obtained their driver’s license will likely be charged exorbitant prices for policies and since being considered a “good driver” usually means that the motorist has been licensed for at least three years and have maintained a clean driving record; this is not possible for 16-18 year olds. The good news is that there is a good student discount that is offered by California auto insurance companies to students who have a 3.0 grade point average or higher and can help with the price of coverage.
Additional CA Insurance Discounts
The “good driver and student discount” may be among the most common and can reduce rates quite a bit, but there are others available that a person may not even be aware is offered. Some discounts are automatically applied by insurers for such things as owning a vehicle equipped with safety features or anti-theft devices; individuals who put an aftermarket anti-theft device may have to provide proof of installation such as a receipt to receive a discount. Another type of savings that may be available is by having two vehicles (multi-car) or an automobile and home (multi-line) on the same policy.
The most recent way for Californians to save on automobile coverage is the Pay-As-You-Drive option. The California Department of Insurance just recently approved two carriers to provide premiums based on the actual mileage driven rather than an estimate given by the insured. The option to purchase this type of coverage will be available beginning February, 2011 and will be offered by two carriers. One of the companies that is going to provide the pay-as-you-drive option estimates that approximately 25% of current policyholders will choose this coverage and will save customers around $31 million dollars; it is thought that savings would be in the 5% range.