Breaking it down: Top 10 discounts explained
Maybe you're the type of person who likes to clip coupons, or perhaps you find yourself driving across town to save two cents on a gallon of gas. It's a good feeling to save a few bucks. Chances are you can save money on your home and auto insurance premium too.
While all insurance carriers may not offer these deals, you should ask your agent about these top ten insurance discounts:
Valued policyholder discount. You're rewarded for being a loyal customer. The longer you stay with your insurance carrier, the more you save, regardless of your claim history.
Smart home discount. Earn a premium discount if your home is equipped with internet-enabled self-monitoring systems that protect against fire, burglary, or moisture.
Hybrid vehicle discount. Earn this credit by owning or leasing a hybrid car.
Good student discount. Receive this discount if your policy covers a good student driver. The student must be age 16-24, go to school full time, and have a 3.0 grade point average or better.
Away at school discount. This discount is available if your full-time student is away at college and does not take a vehicle with them.
Accident prevention course discount. Provide savings to a driver 55 or older who completes a state-approved driver improvement course.
Claim free/violation free discount. Qualify for this discount if you've been accident-free for the past three years and have no moving violations.
Package discount. Sometimes referred to as "bundling," this discount automatically applies if you have both your vehicle(s) and home insured on one policy.
Umbrella coverage discount. Reduce your home premium when an umbrella policy is added to your coverage.
SECURA is among the carriers that provide these and other discounts to its' MILE-STONE Gold or Basic home and auto, or apartment and condo policyholders. If you've had your policy for several years, it's a good idea to check with your agent, who can update your policy, and help you discover if you qualify for these and other discounts that come with being a loyal and safety-conscious customer.
You never know when you might get in an auto accident — or who the other driver will be. According to the Insurance Research Council, one in seven drivers doesn’t carry auto insurance. If your car is hit by one of those drivers, it could mean substantial costs to you.
That’s where uninsured motorists and underinsured motorists coverage come in. They often are built right into your auto policy, although the coverage requirements vary by state.
As safer at home guidelines begin to lift in some U.S. states, it's a welcomed sigh of relief for many. While you may be excited to return to business as usual, it's important to remember that it won't be "business as usual" right away.
Umbrella coverage is aptly named — it gives you added coverage on top of your personal insurance (like homeowners, auto, watercraft, or motorcycle). But how does it relate to you and your current insurance policy? Here's a basic overview to help you understand the coverage.
This year our company celebrates 120 years of serving policyholders. What started in Julius Bubolz’s farmhouse has grown to become a property and casualty insurance company with coverages for businesses, homes, autos, farms, agribusinesses, nonprofits, and special events in 12 states.
The time to prepare for sickness is before germs hit your team. Illnesses can happen anytime, but flu season generally peaks between December and February, although it can stretch from October through May. Consider how you canprevent an outbreak and how you can respond quickly to limit the impact and costs to your business.