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Technically, most premium reductions are not "discounts", but are factors that insurers consider in setting rates, from which premiums derive. That is, an insurer is required to charge the same rate for the same risk in the same place. If factors differ such that a reduced risk of loss exists, the insurer may offer a lower rate. Since premiums are a function of rates (rate X $100 of value), a lower rate will generally translate into a reduced premium.
The factors that might be factors in lower rates/premiums depend upon the kind of insurance involved. That is, they are different in auto insurance, homeowners insurance, types of commercial insurance, etc. However, the common denominator are factors that lower risk of loss and hence, the likelihood that the insured will be exposed to a covered loss for which the insurer will have to pay.
Examples in the auto arena include such things as crashworthiness, lack of collisions within a stated period of time, good grades for students/new drivers, refresher courses for older drivers, and others.
An example in the homeowners area might include things such as a new roof that meets current wind load standards.
Some "discounts" are promulgated by the insurer based upon its own loss experience, and some are mandated by statute as a matter of public policy.
It is important to periodically meet with the insurance agent and broker to review current coverages and risk factors to determine whether the insurer has made available new or different "discounts" for which the risk insured may qualify.
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Who sells cheap car insurance in Nevada?
Working in a casino in Las Vegas will probably not provide you discounts, but you can see if any insurance companies have discounts for you in ways of which ones will save you the most money.
Which companies offer discounts on auto insurance?
Most all auto insurance companies offer discounts of one type or another on car insurance, A couple of the companies that do include Geico, Insurance Plus, Nationwide, and Allstate.
Does ministers get cheap car insurance in Maryland?
Most insurance companies do, in fact, offer discounts to the clergy. This is under a working assumption that they provide help in the care giving field.
What companies offer car insurance discounts?
Discount car insurance is offered by 21st Century Insurance, AllState, State Farm and other insurance providers. Different factors play into car insurance rates, including locality, driving record, car make, model and year, as well as other demographic factors.
Which companies offer good driver car insurance?
Most auto insurance companies offer discounts to good drivers who have few or none traffic violations and accidents. Many car insurance companies also offer multiple policy discounts as well.
What are some Medigap insurance companies?
Most companies that provide health insurance will provide Medigap insurance policies. These include companies such as State Farm, Allstate and Humana.
Which are some companies that offer discounts on car insurance for multiple policies?
Most car insurance companies will offer discounts for multiple policies such as home owners, property, auto and others. These include companies such as Progressive, GEICO and many others.
Which car insurance companies offer discounts for senior citizens?
One of the many car insurance companies offering discounts to senior citizens is "All State." Although most car insurance companies offer this option as it is quite common. You may also find other related options such as discounts for safe driving habits.
Where can one obtain instant homeowners insurance quotes online?
Instant homeowners insurance quotes can be obtain from most major insurance companies including Allstate and Statefarm. For most savings it is recommended to check with one's existing insurance company as they might be able to provide discounts for having other insurance policies.
Do most insurance companies provide reimbursement for glucose meters?
Not all insurance companies do,so read the fine print. However, most standard medical insurances do provide this service.
Does e car insurance offer discounts?
I'm sure it does most insurance companies do offer some form of discounts unfortunely I not aware of the dicounts because I've not had the opportunity to experience it presently
Which companies provide home insurance for landlords?
Most major insurance insurance companies such as Allstate, Geico, Metlife, Century 21, etc., do currently provide home insurance for landlords of all types of property.
