Drive Down Insurance Costs with Discounts
Home and auto insurance discounts can leave more money in your pocket.
Review your insurance policy each year to ensure you have the coverage you need and you’re taking full advantage of available discounts and savings.
Insurance discounts vary by state, so you’ll want to contact your agent, go online to your insurance company’s website or reach out by phone for specifics. Some examples of discounts could include:
Auto insurance discounts and savings
- Multi-vehicle discount: Insuring all of your vehicles through AAA may bring savings.
- Driver training program discounts: Senior and teen drivers may be eligible for discounts by completing courses or programs; check with your local AAA branch to find out what’s offered.
- Pay in full: Paying your policy up front may save you money on installment fees.
- Good student discount: You may save if you’re a parent insuring a full-time or part-time student who meets certain grade point average and driving record qualifications.
- Higher deductible, lower premium: Raising your deductible – the amount you’ll pay out of pocket before your insurance company payment kicks in – can reduce your annual premium. If you choose to have a higher deductible, make sure you have enough money set aside in case you need to file a claim.
Home insurance discounts
- New loan discount: If you recently purchased a home, your homeowners insurance premium may be reduced in the first year if you get a mortgage to purchase your home (does not apply in California).
- Home protection discount: Discounts may be available if your home is in a gated community or equipped with theft and/or fire protection systems.
Other discounts