An Insurance Company Offering Discounts To Safe Drivers Is An Example Of Price Discrimination
Seniors may also benefit from a special discount for additional savings.
An insurance company offering discounts to safe drivers is an example of price discrimination. Car insurance discounts for good drivers no matter how great of a driver you are you re probably paying more than you might want for your car insurance. Some details are totally up to the insurance company. So using the car insurance companies we mentioned above let s explore some possible auto insurance discount options for which you could qualify. As you shop for good driver insurance be sure to understand clearly what the insurance company is and is not offering you.
Some specs are due to state laws. P rogressive car insurance senior discounts can help bring down rates for older drivers. Since drivers are drawn to discounts the insurance industry noticed that large pools of drivers would start to form if a certain discount was offered. Be sure to ask an agent about these opportunities to save.
Our goal is to do more than just point you towards discounts for good driving. The insurance information institute iii says many insurers offer multiple policy discounts to reward customer loyalty. Drivers who have a relationship with a company or organization associated with their insurance carrier can receive a discount. Some car insurance carriers have relationships with certain groups companies or organizations that you may work for or are associated with allowing you to receive a group savings discount.
The company earned a 3 star rating in j d. Insurance companies with discounts for safe drivers. There is a family legacy discount for. The following 25 auto insurance discounts may be available to you.
Progressive is an auto insurance company that values consumer loyalty and offers p rogressive loyalty rewards. For example you may qualify for a discount if you have homeowners insurance or life insurance and car insurance with the same company. Auto insurers began offering discounts as a way to shape behavior in an effort to reduce risks. Almost every driver can qualify for an auto insurance discount with the right insurance company.
Consider its hypothetical case study in which the cfa began with a profile of a married female executive who was a good driver. Note that car insurance discounts may vary by state vehicle driving record credit history and other factors. List of car insurance discounts and savings. The cfa a coalition of nearly 300 consumer nonprofits that is working to end these blatantly unfair practices argues that discrimination against safe low income drivers is inherently unfair.
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