The chosen premium payment method can also sometimes earn drivers a cost reduction.
Most insurers allow policyholders to pay monthly or quarterly. However, drivers who pay their premiums in full once a year can qualify for car insurance discounts.
Many companies offer discounts for car insurance to motorists who get quotes online. People can also save money by purchasing policies entirely online without involving a customer support representative or insurance agent.
Paperless statement discount
Motorists who sign up to receive insurance statements electronically instead of via mail can typically qualify for car insurance discounts.
Car insurance discounts by the insurance company
The majority of insurance companies offer the most common discounts. These include savings for bundled coverage, paying policies in full, maintaining good grades, or being accident-free for a certain period of time.
The table below shows some of the most common discounts offered by major insurance companies.