LOS ANGELES, CA / ACCESSWIRE / October 13, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has launched a new blog post that presents the most common car insurance discounts that are provided by car insurance companies.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/what-car-insurance-discounts-can-you-obtain-from-the-insurance-company

Car insurance is a frustrating but necessary factor in car ownership. Obtaining the best policy possible is not that easy and many drivers are likely to run into some common issues and questions about the process. Luckily, there are many discounts offered across the car insurance industry to make insurance policies more affordable.

Drivers who are shopping around for a new car insurance company and policy should check if the following discounts are offered and if they meet the eligibility requirements:

  • Loyalty discount. To get a loyalty discount, drivers should ask their insurers whether a discount is offered, how long they will need to be a customer to be eligible, and any other terms that might apply. Insurance companies apply the discount after a predetermined period of time, and some companies will increase the discount the longer the drivers remain a customer.
  • Good student discounts. High school and college students are often eligible for discounts. Insurers offer this discount to students with good grades because they believe that a good student is likely to be a more responsible driver than a mediocre or poor student.
  • Bundling or multipolicy discounts. Most insurance providers offer a discount for customers who purchase two or more policies together. Policyholders can bundle their car insurance policies with other policies such as homeowner’s insurance, boat insurance, or renter’s insurance.
  • Good driving discounts. Generally, there are two types of good driving discounts: those offered to drivers who maintain a clean driving record free of crashes and moving violations, and those offered to

O’Brien and a friend, Paul Paglia, spent weeks presenting some pretty sound logic to Audi: He no longer needed the prepaid maintenance because the car he bought in January had been destroyed and sold for junk.

“It was to cover the first two appointments for maintenance, which were never used,” Paglia said. “The car had never been at the dealer for service before it was totaled.”

O’Brien had purchased the bright blue 2015 Audi A3, with 55,800 miles on it, at Audi Natick. The car, which O’Brien said he loved, had cost about $17,000. The sales staff separately sold him an Audi service plan, known as Audi Care, which is created and controlled by AudiUSA, the national corporation (not the dealership).

I’m not sure why anyone would pay upfront for future maintenance. I think it’s always advisable to hold your money until you absolutely must part with it. You don’t know what may occur between the time you pay for something and when you expect to receive it — like getting into an accident that totals your car.

And asking for the return of your money is never a good position to be in.

On its website, AudiUSA says its service plan saves money, based on a comparison of its prices and those of local dealerships, although “actual savings will vary.” It also touts the program as a hedge against inflation (though inflation is at a historically low 1.3 percent).

To me, AudiUSA’s pitch doesn’t make a convincing case for paying $799 in advance, just to wheel your Audi into the service department for oil changes, tune-ups, and inspections without (further) opening your wallet.

But to O’Brien, excited about the beautiful vehicle he was about to drive off the lot, the Audi service plan “seemed like a genuine, reasonable offer,”

In a filing, Lyft (LYFT +0.7%) reveals expanding its insurance carrier partnerships to include Allstate, Liberty Mutual, and CSAA subsidiary Mobilitas.

Lyft plans to continue working with Progressive, AXA-XI, and Constitution State Services, which is Travelers’ third-party administrator.

The ride-hail company expects the changes to reduce potential volatility in its insurance costs for the policy year ending on September 30, 2021.

Lyft requires drivers to have personal auto insurance that meets the minimum state requirements, but notes that not all personal policies will cover accidents that happen while driving for the company.

For cases where personal coverage doesn’t apply, Lyft offers third-party liability coverage through its partner network.

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