Options for saving on car insurance

I was having a conversation with a friend the other day who had recently added his teenage son to his car insurance policy. His rate was $375/month. After paying this amount for 5 months he finally went out for quote. His new policy is $175 per month. He could have saved himself $1000 for just a few minutes of work.

Over the years I have quoted and continue to quote out my policy to look for better rates. I seem to keep coming back to Allstate. Jay LaSalle in Phoenix (480) 585-2469 and Jay Adkins in Raleigh (919) 466-9400.

I put in a call to Jay LaSalle this morning to see what kind of discounts I had and if there were anymore I could get. If you aren’t getting these discounts and you could, consider calling your insurance agent.

Normally the car insurance policy for our 3 vehicle family would cost us $1991.20 every six months or $331.87 monthly. Listed below are the discounts I receive per six month period followed by our new rate:

DISCOUNTS

Premier plus (clean driving record of 5+ years) = $297.70

Allstate easy pay plan (Auto withdraw) = $47.61

Allstate easy pay plan (Transaction fee) = $15.00

Multi policy discount (Condo & Car Insurance) = $100.49

Good payer discount (never late on payments) = $47.61

New car discount (good for the first 3 years of a car) = $120.84

Future effective date discount (write new policy before old on expires) = $57.73

Preferred package (e-bill vs. snail mail) = $159.57

Total savings = $846.55 or $141.09 per month!!

Car insurance policy is now $1144.65 every six months or $190.78 monthly.