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Money Girl

324 MG Don’t Miss Hidden Car Insurance Discounts

Money Girl

Macmillan Holdings, LLC

How To, Investing, Education, Entrepreneurship, Business

4.61.8K Ratings

🗓️ 21 August 2013

⏱️ 7 minutes

🧾️ Download transcript

Summary

Don't miss 10 money-saving car insurance discounts that help you keep more of your hard-earned money. Get the Money Girl book at http://MoneyGirlBook.com

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Transcript

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0:00.0

Hi everyone. Thanks for listening to another weekly edition of the Money Girl

0:08.0

Podcast. I'm Laura Adams, author of the award-winning book Moneygirls Smart Moves to Grow Rich.

0:19.6

One of the best ways to save money is to find discounts on expenses that you can't avoid, like car insurance.

0:26.4

Many policyholders are clueless about the variety of discounts that are available and therefore

0:31.9

wind up paying too much for insurance.

0:35.0

In this episode I'll tell you about 10 of the best discounts and how to start paying less for car insurance so you keep more of your hard-earned money.

0:45.0

A car insurance discount is a reduction in your premium.

0:51.0

They're offered to policyholders for a variety of reasons. Some

0:55.5

discounts you might expect, like insuring multiple vehicles or being a loyal

1:00.3

customer. However, many car insurance discounts are somewhat hidden because you've

1:06.8

got to know that they exist in the first place and then ask for them. Also, not all insurance companies offer the same discounts in the same amounts.

1:16.7

See how many of the following 10 car insurance discounts you qualify for. Discount number one. Multiple policies. I mentioned that

1:26.7

ensuring more than one vehicle with an insurance company can save money.

1:30.2

Another tactic is to bundle your car insurance with other policies. For instance, if you

1:36.7

have home insurance, it may be cheaper to use the same company for your auto policy as well,

1:41.8

instead of getting insurance with two different companies.

1:45.9

Discount number two, anti-theft devices.

1:49.6

Car insurance companies want to help you prevent car theft so you never have to make a claim.

1:54.4

Most carriers cut your raid for having an alarm system that keeps criminals from damaging or stealing

1:59.8

your car. Discount number three, safety features.

2:05.0

Cars with modern safety features like anti-lock brakes, airbags, and rearview cameras are

2:10.8

less likely to get involved in an accident and cost an insurer.

...

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