Here's What Happens When You Take Advantage of Car Insurance Discounts

Your overall insurance costs get cheaper
The biggest benefit of car insurance discounts is that they help you save money on your monthly payments. One of the most commonly used ways to reduce car insurance costs is with bundling, also known as multi-policy discounts. Bundling your insurance policies can help you save an average of 5% to 25% on the total cost of coverage.

When you combine your homeowners insurance, auto insurance, and other insurance policies with one insurance company, you are likely to get a significant discount on the full cost of all your insurance. That's because insurers always want to sell more insurance to existing customers. They want to be your main provider of insurance, and they tend to reward loyal customers. If your insurance company can get more of your business and insure more aspects of your life, it's likely to give you a bigger discount.