At Liberty Mutual, students receive a discount for earning a GPA of B or higher with our good student discount. Now you can add, as you save money, to the long list of reasons why you want your teen to keep their grades up. Students who get good grades can qualify for cheaper car insurance through a good student discount. Yes, Liberty Mutual has a teacher discount in the form of reduced auto insurance premiums for teachers.
You can reduce the costs of your Liberty Mutual car insurance by taking advantage of Liberty Mutual discounts, opting for a higher deductible and reducing your coverage, among other things. Each state sets its own minimum car insurance requirements and has its own risk factors, so rates can vary considerably depending on where you live. In addition, Liberty Mutual rewards customer loyalty with discounts for insuring more than one car and combining several policies, such as home and car. Because your credit history is correlated with your likelihood of filing an insurance claim, Liberty Mutual uses your credit data to calculate your premium in states where it is legal.
Liberty Mutual doesn't have a single “safe driver” discount, but it rewards safe driving with a number of benefits. For example, Liberty Mutual offers discounts to drivers who insure multiple vehicles on their policy or who pay for their entire policy in advance. In addition, many of the major auto insurance companies list the discounts they offer on their website or mobile app. Each insurer uses its own algorithm to calculate premiums, so even if Liberty Mutual is charging you a high premium, you may be able to find a cheaper policy with another insurer.
RightTrack, Liberty Mutual's telematics program, rewards you for driving well with a discounted premium. Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles. Liberty Mutual offers a loyalty discount to policyholders who continue to be reinsured with the company year after year. Liberty Mutual is so cheap because it offers a wide variety of discounts and is the sixth largest insurer by market share, helping Liberty Mutual to keep prices competitive.
To qualify for the Liberty Mutual multi-car discount, the customer must insure more than one vehicle with the same Liberty Mutual auto insurance policy. Liberty Mutual also offers separate accidents and non-violations discounts, but the amounts and requirements vary from state to state.