Car insurance can be a hassle, especially for drivers who are able to reliably avoid accidents and may find this monthly expense unnecessary. Fortunately, most insurance companies will grant discounts for being a safe driver, whether that involves having certain safety features installed or utilizing safe driving practices in general.
Insurance companies will generally reward drivers for having specific safety features on their vehicle. These include air bags, anti-lock brakes, automatic seat belts, crash-resistant doors, and other technologies.
Collision Avoidance Systems
As yet, most insurance companies do not offer discounts for installing a collision avoidance system on your car. While data suggest that drivers who have these systems installed make significantly fewer insurance claims, the majority of insurance providers will likely wait until there is more conclusive evidence on the subject.
However, this does not mean you can’t get insurance discounts from installing a collision warning system on your car. The discounts will simply come more indirectly as you avoid accidents.
Safe Driving Practices
Many insurance companies reward drivers for having clean driving records. There are a variety of these types of discounts available on the market, so it is important to ask around to find the right deal. Some of the types of safe driving discounts available include:
- Good driver discounts: These usually require a record that is completely clean from at-fault accidents and traffic violations, such as DWI/DUI and speeding. In some cases, drivers with any of these offenses on their record can still qualify for a good driver discount by keeping a clean record for a certain period of time.
- Driver training discounts: Taking defensive driving classes and driver’s education can qualify you for an insurance discount upon completion of the course. They can also indirectly lead to increased savings as your driving improves and qualifies you for a good driver discount.
- Claim-free discounts: Also known as accident-free discounts, these are available to drivers who don’t fill claims for a certain period of time. Many insurance companies will provide either this or good driver discounts, not both.
- Usage-based discounts: These involve the use of a special device that tracks your speed, how often you drive, and how hard you brake. This information is used to determine the price of your insurance each month, so safer driving habits will result in decreased premiums.
Driving well can earn you multiple discounts depending on your insurance provider, even if installing collision avoidance technology won’t on its own.