A good driver discount is an insurance discount offered to drivers who have not had accidents or traffic violations for a certain period of time. Most insurance companies offer people with clear driving records a 20 to 25 percent discount as a valid driver. If you're a good driver, you're entitled to a 20% discount for a good driver, even if you didn't have insurance before. The Geico discount for good drivers is up to 22% for qualifying policyholders.
To qualify for the Geico good driver discount, drivers must be accident free for five years, and this may even include the time you've been insured by another company. D) An insurer may refuse to sell a discount policy for good drivers who insure a motorcycle, unless all of the named insured persons have obtained a license to drive a motorcycle for the previous three years. Lauren McKenzie, insurance broker for A Plus Insurance, says that you can usually qualify for a valid driving discount after your insurance company publishes a report on a motor vehicle. Next, we'll go over what exactly a discount for good drivers is, how to get it, and give examples of some notable car insurers with discounts for good drivers.
C) The absence of prior auto insurance coverage, in and of itself, will not be a criterion for determining eligibility for a good driver discount policy or, in general, for the rates, premiums, or insurability of cars. Auto insurance companies almost always reward good driving, but the extent to which they're willing to discount your premium varies by state and company. Good drivers should contact their insurance company to request this discount and be sure to also look for the best cheap insurance in California. Each auto insurer has its own specific guidelines for the level of discount applied, says Mark Friedlander, director of corporate communications at the Insurance Information Institute.
Friedlander says that major domestic insurers, as well as most regional insurers, offer discounts for good drivers. For example, you can get a discount for accredited drivers that significantly decreases what you pay for car insurance. Another discount you can qualify for is a no-claims discount, which can be offered to drivers without car insurance claims for three to five years. This lower risk allows insurers to offer you lower premiums, and if you maintain a good driving record long enough, some insurers will offer you a discount.
Being a good driver (also called a safe driver by some companies) is one of the best ways to save money on car insurance. For example, Geico offers a multi-vehicle discount for drivers who insure more than one car on their policy.