Every year there are more and more ways to save on your car insurance premium. In addition to shopping around which is the service we offer, we also suggest to new and renewing customers to ask or query what additional discounts they may be entitled to from their insurance company.
Now for those who aren’t aware, here’s a list of additional discounts you the customer may be entitled to.
No Claims Discount/ No Claims Bonus – This is probably the biggest discount an individual can receive on their car insurance premium. The discount percentage usually depends on the insurance company and how their system is set up. Some insurance companies can give up to 85% no claims discount which is also known as maximum, while others only give up to 65% as their maximum. This usually is calculated yearly providing the customer doesn’t claim under his or her policy. So in other words, drive safely.
Credit Union Member Discounts – Most, if not all insurance companies offer additional discounts if you are a credit union member. This discount is usually calculated at either 10% or 15% based on the insurance company. Therefore next time you visit your insurance company, ask them if you are earning a discount for being a credit union member.
Other Insurance Policies – If your car is currently insured with an insurance company and you are looking to insure your home next, we often suggest sticking to your current insurance company to receive additional discounts which can result in a reduced premium. This is called bundling. Also, if you have other insurance policies, such as health, life or even critical illness, each of these policies can help add some additional discounts.
BARP Discounts – Unfortunately, only BARP members can receive this discount, meaning persons fifty years and under would not be eligible to receive it. However, for those who are in fact BARP members, make your insurance company is aware. You can thank me after for the cheaper premium.
Cave Shepherd Card Discounts – Yes, believe it! For those who currently have Cave Shepherd cards, there are some insurance companies who offer discounts on those. Nothing beats asking your insurance company a question.
To conclude, even though we would have provided you with some knowledge on how to save with your insurance company, we still believe the best way to receive Big Insurance Savings is by coming to us, BestQuote! We help you by shopping around to find you the lowest quote island wide. Call us today at 1-246-537-0140 or visit us at BestQuoteBB.com