6 odd auto insurance discounts

The Greek letters you wore in college, the ring on your left hand or a Facebook "like" might lower your car insurance bill.

By Barbara Marquand, CarInsurance.com

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VIDEO ON MSN MONEY

115Comments
Apr 7, 2013 9:09AM
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I was with Allstate for 20 years with bundled homeowners/auto and regularly asked for lower rates or good customer/no accident discounts. Meanwhile my bill increased every year. When I went with Erie the same coverage was over $1000 less per year, and when I informed my agent that I wasn't renewing my Allstate policy and why, he didn't even make a counter offer. Buyer beware!
Apr 7, 2013 8:48AM
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The whole auto ins . industry is one giant SCAM . I have been driving forty plus years ; have never had accident , no tickets for over 25 years now , still am paying over $120 per month for  14 and 19 year old vehicles . RIP OFF !
Apr 7, 2013 10:19AM
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We are constantly been ripped of by these insurance companies and there's nothing we can do about it I have been driving for over 37 years no accidents and no tickets but my insurance was raised 3 times in less then a year, then I changed my insurance it was cheaper and again in six moths my insurance was raised again for no reason, the same thing happened with my homeowners insurance I never had a claim on my home in 14 years, why should we have to pay for insurance when they try not to pay claims when you need it and they keep raising insurance rates on older people with a good record, all the money I spent on insurance I could of saved that money and paid for my own damages if I ever need to. I think that insurance companies should have to refund a portion of the money back to customers for each year they go without having an accident. Its so expensive that its not worth owning a house anymore and just have the cheapest no fault insurance on a car just to get around. Obama needs to do something about this instead of sending all of our tax money to the middle east so those terrorists can use it to buy more weapons to attack us with.
Apr 7, 2013 7:29AM
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Book smart doesn't equate to common sense. You need common sense to be a good driver.
Apr 7, 2013 1:49PM
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Allstate Insurance is  BY FAR  the  Worst Insurance Co. ( they gouge their customers & when you try to make a claim , they drag their feet , pay you much less than your claim , make excuses , dont pay at all & if they do pay , you get an immediate & hefty increase in premiums & or they  cancel your policy), they are the WORST CROOKS  Legally operating as a  Legit Business.
May 24, 2013 2:22PM
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Maybe if Geico spent less money on advertising their rates would actually be reasonable.

Apr 7, 2013 4:52AM
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I have met some Mensa members that were pretty scatterbrained to the extent that their employers wouldn't let them drive golf carts around the plant due to too many accidents.
Apr 7, 2013 11:33AM
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I have known many people in ,my 64 years that are Mensa members or have IQ"s high enough to be Mensa members, without exception, none of them have a lick of common sense. Think I would rather be on the road with someone that has a normal IQ but knows his left from his right LOL
Apr 25, 2013 8:26PM
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Hybrids get a 10% discount from Travelers? So should electrics,like the Leaf, get a 50% discount? How would a hybrid save the insurance company money vs a gas powered vehicle? Please explain.
Apr 25, 2013 10:20PM
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Veterans !!!!!  Look at USAA.  I checked with my daughter and her husband (on active duty at the time) before I got a quote. Home, two cars, farm truck, with higher coverage and still saved over eight hundred a year. MSN survey rated them number one in customer satisfaction in both auto and home and so far my experience has been the same. Two deer vs. car claims in three years and they settled quickly and fairly.  My other kids qualify due to my Veteran status as well.  Open to ALL military veterans with an honorable discharge.  Definitely worth a look.  My old 1989 Dodge PU costs me $12.00 a month.
Apr 26, 2013 10:03AM
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I have Geico insurance with two vehicles on the policy.  The first is a 2010 Mustang GT and the other is a 1998 F-150 4X4.  I'm over 55 with no accidents in over 30 years and no tickets for 22 years and I'm still paying over $2500.00 a year.  The Mustang has full coverage and the Truck only has liability.  Additionally, the Mustang is only a Sunday driver once in a while with less than 3000 miles total on it while the truck is driven less than 2000 miles a year.  My premiums still increase every stinking year and the insurance company says that it's based on the area where I live not my driving or the vehicle usage.  Sucks.
Apr 7, 2013 11:55AM
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The key word here is "Might." There is no guarantee that anything will lower your insurance. 
Apr 7, 2013 9:53AM
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Now I know why I went to college and got married!  The discount!
Apr 26, 2013 12:08PM
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I have Liberty Mutual Insurance. I had a claim for a rear-ender this year; sitting at a red light.  (first one in over 35 years of driving) The other driver....Couldn't speak english, didn't have ANY ID ( I did ask for it) , and the plates on the truck he was driving, were for a completely different vehicle. They actually left the scene of the accident by the time the DPS officers arrived. It's expensive to buy auto insurance...But I am really glad I had Un-insured Motorist coverage at that point....The repair was close to 4K. Liberty took care of everything for me. My vehicle was repaired, I had a rental to use while my truck was in the shop, and so far, my rates haven't gone up. I'm keeping my fingers crossed on that one. Guess I'll see soon enough, my policy term is coming up soon. The DPS officers were unfazed by the fact the other driver, left,  and the plates on his truck(they ran them) didn't match the truck at all. One of them said, it happens all the time, I hope you have the coverage for the damage to your new truck. Still cost me the $500.00 deductible.....but it could have been a lot worse. I say, buy the best policy you can afford.....Too many people now, are driving around with No insurance, or even drivers license. If they leave the scene, there is no recourse. you just have to pay. 
Apr 26, 2013 8:47AM
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what is wrong with you is it possible you do not know about Michigan auto insurance is called no-fault and it means that the insurance companies get to rape you and it's all legal they pay for the politicians you know. Do you know if your credit rating drops your insurance goes up try retiring. Do you know if you are 70 years old no accidents no tickets and drive 5000 miles a year your insurance goes up each year after 70 I was with AAA for 53 years no accidents no tickets and forced to pay $2200 a year can you say, scum and they're all within a couple dollars of each other and it's mandatory that you carry auto insurance. The welfare people and the rednecks have figured a way of beating it they buy an old junker go to one of the local criminals pay $50 for a certificate of insurance which is never enforced just to get their license plates from the state there is no actual insurance it's a way of life up North where there are no jobs
May 24, 2013 3:27PM
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every 2-3 years i shop for insurance as premiums always go up.  first year usually a few bucks, so i ignore it, not worth my hassle, then 2nd year or 3rd year is a hundred bucks. and warrants a correction after 2-3 years. 
i've always been able to find someone else to offer insurance cheaper by shopping around after a couple of years even with all the "multiple policy, good driver, no accident, blah blah discounts". 
Someone else will want the business for a couple of years and then start the cycle all over again.

Apr 26, 2013 10:22AM
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I bit on an AARP deal via an email from my insurance broker, initially saved about $350.00 a year but has gone up in not too long to almost what I was paying before.....
Apr 7, 2013 3:06PM
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The discounts offered by insurance companies are based on actuarial information.  Data gathered from statistics and research.  That's how the insurance companies are able to make the points spread in gambles.  The house always wins eventually.  Exactly what research or statistics are these people using that are soothing their egos by pronouncing high IQ to be the equivalent of practical idiocy?  Are their acquaintances actual mensans or egoists that brag that they are or should be?  It's like some people that claim to be veterans but when you ask them what unit they served with and where specifically, they tell you it's classified.  Yeah.  Right! 
Apr 7, 2013 12:52PM
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Very few people with extraordinary high IQs have any common spence so I believe the MENSA elitist should pay more! 
Apr 8, 2013 7:14PM
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6 odd auto insurance discounts- MSN Money : Try this site where you can comapre quotes from different companies:  usainsurancequotes.net
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