For example, seat belt discounts may apply only to medical payment coverage or personal injury protection, since those types cover passenger injuries. Discounts on anti-theft devices may apply only to comprehensive coverage, since that's the coverage that pays for a stolen car. They know that insurance companies are much more willing to insure vehicles that are least likely to be stolen. For example, if you haven't had an accident in five years, Geico car insurance has up to 26% potential savings.
There are several unique reasons why car insurance is also increasing every year in Georgia, even if your details remain the same. Aside from that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies. A car alarm that sounds is intended to scare car thieves by notifying everyone around them that someone has tried to access the car while it was armed. Anti-theft systems and devices not only help prevent your vehicle from being stolen, but they can also reduce your car insurance rate.
And sometimes you have to proactively ask your auto insurance agent to review discounts to make sure you receive all the savings you qualify for. If a car with an OnStar system is stolen, all the driver has to do is call OnStar and the company will be able to track the car using its GPS. Many companies offer discounts on auto insurance for things that make it less likely that they'll have to pay you a major claim. With so many options for car insurance companies, it can be difficult to know where to start to find the right car insurance.
But if you're not a homeowner, don't worry—you can usually combine car insurance with other insurance, such as condo, renters, motorcycle, boat, recreational vehicle and life insurance. While these car alarms usually come as standard features on most new cars being manufactured today, some people prefer to have them removed. It is usually controlled by a button on the car key and requires you to take steps to protect the car. Statistics show that more than 721,000 cars were stolen in a single year and that costs insurers a lot of money.
Since the theft of a car is a loss that most car insurance companies cover (under comprehensive coverage), it is in their best interest to reduce the likelihood that they will have to pay for the stolen car.