Car insurance can be a significant expense for drivers in Illinois, but fortunately, various discounts are available that can help you save money. By taking advantage of these discounts, you can lower your premiums while still enjoying adequate coverage. Here are some of the best discounts for drivers in Illinois to save on car insurance.
1. Good Driver Discount
Having a clean driving record is one of the easiest ways to qualify for a good driver discount. Insurance companies often provide a percentage off your premium if you have no accidents, moving violations, or claims within a certain period, typically three to five years. Maintaining safe driving habits not only protects you and your passengers but also helps reduce your car insurance costs.
2. Multi-Policy Discount
If you combine your car insurance with other types of insurance, such as homeowner’s, renter’s, or life insurance, many companies offer a multi-policy discount. Bundling your policies can save you up to 25% on your overall insurance premiums. This option simplifies your payments and often gives you more significant coverage options.
3. Multi-Car Discount
For families or individuals with more than one vehicle, many insurers provide multi-car discounts. By insuring multiple cars under one policy, you can benefit from reduced rates for each additional vehicle. This discount can help you save significantly, especially if you have teen drivers or multiple adult drivers in your household.
4. Low Mileage Discount
If you are a low mileage driver, you may be eligible for a low mileage discount. Insurance companies typically define "low mileage" as driving fewer than 7,500 miles per year. If your driving habits let you fall into this category, be sure to discuss it with your insurer to take advantage of this discount.
5. Safety Features Discount
Modern vehicles often come equipped with advanced safety features, such as anti-lock brakes, airbags, and electronic stability control. Insurers often provide discounts for those who own cars with specific safety technologies, as they reduce the risk of accidents and claims. Check with your insurance company to see if your vehicle qualifies for this discount.
6. Complete a Defensive Driving Course
Completing a defensive driving course can not only improve your driving skills but also make you eligible for a discount on your car insurance. Many insurers offer a percentage off your premium when you demonstrate your commitment to safe driving by completing an approved course. Check with your insurance provider to find courses they accept.
7. Military and Veteran Discounts
If you are an active military member or a veteran, you might qualify for special discounts on your car insurance. Many insurance companies recognize your service by offering reduced rates. Be sure to inquire about this option when shopping for insurance.
8. Student Discounts
For young drivers currently in school or newly graduated, insurance companies often provide discounts for good grades. Students who maintain a GPA of 3.0 or higher or are on the honor roll may qualify for this discount. In addition, many insurers take a student’s enrollment in college away from home into account, allowing you to save money on your premium.
9. Loyalty Discounts
If you have been a long-term customer with the same insurance provider, you may qualify for a loyalty discount. Many companies reward their loyal customers with discounts that can increase over time. If you’re considering changing providers, check what discounts you could lose by making the switch.
10. Pay-in-Full Discount
If you choose to pay your insurance premium in full upfront rather than in monthly installments, some companies offer a pay-in-full discount. This reduces the overall cost and helps you save on administrative fees that might be associated with monthly payments.
By understanding these discounts and taking action to qualify, you can significantly reduce your car insurance expenses in Illinois. Always shop around and compare different insurers to make sure you are benefiting from the best rates and discounts available. Saving on car insurance not only eases your financial burden but also gives you peace of mind while on the road.
