Q: It’s almost time to renew my car insurance. As I check out different companies, what should I look for? – Vic Vehicle
A: Dear Mr. Vehicle: You’re in the same situation as I, only a couple of months earlier. I’m glad you asked this question as I, too, look for a new insurer.
Obviously, you’ll check any company for its driver discount. This runs the gamut from multiple policy and/or multiple vehicle discounts to low-mileage and good driver, among others. Let’s take a look at each.
* Multiple policy and multiple vehicle discounts: You can save as much as 10 percent or more if you have multiple discounts with the same insurer. Aside from auto, these policies can include a homeowners’ insurance policy, health or life insurance (depending upon the company and your location), jewelry rider, umbrella rider, sewer rider, flood, and so forth.
* Low-mileage discounts: While not offered by every company, this discount can offer as much as 40 percent, especially if you work from home or take public transportation. When we lived in Virginia and I worked and shopped less than five miles from home, I received this savings, which made a huge difference in my premiums.