Are You Overpaying for Insurance Without Realizing It?
When was the last time you reviewed your insurance coverage? Many people continue paying the same rate year after year without realizing that their circumstances, coverage needs, or available discounts may have changed. By taking a closer look at your home and auto insurance policies, you could uncover opportunities to save hundreds of dollars annually. Because insurance rates are based on risk, the safer and more responsible you are, the more likely you are to qualify for discounts. Alfa® offers home and auto coverage with a wide range of discount opportunities to help you get the best protection at the best price. The following are common ways to reduce your insurance costs.
Home and Property Insurance savings
Homeowners can often lower premiums by improving home safety and security. You may qualify for additional discounts if your home includes:
- Burglar alarms
- Fire or smoke alarms
- Deadbolt locks
- Fire extinguishers or sprinkler systems
- Storm-fortified construction
Taking these precautions can protect your property and demonstrate to insurers that your home is at lower risk of damage or loss. In addition to safety and security discounts, Alfa offers a legacy discount for qualifying children of policyholders.
Auto Insurance discounts
Alfa offers several ways to save on auto insurance. Depending on your coverage and circumstances, you could be eligible for discounts such as:
Life Insurance: You may be eligible for a discount if you have a qualifying life insurance policy, with extra savings available for multiple policies.
Umbrella Policy: You may qualify for a discount if you have a personal, commercial, or farm umbrella policy.
Home Ownership: You may receive a discount by providing proof of homeownership.
Defensive Driver: You may qualify for a discount by completing a defensive driving or qualifying Motor Vehicle Accident Prevention course. You must have a clean driving record for the past three years and re-qualify every three years. Age and location restrictions may apply. Alabama Farmers Federation members are eligible for a discounted rate on the Safe Driver Defensive Driving Course through SafeDriver.com.
Occupational and Affinity Discounts: You may qualify for additional savings based on your profession or affiliations. Eligible categories include educators, military personnel, first responders, ministers, and farmers, as well as state, federal, and auto manufacturer employees.
Youth Auto Insurance discounts
Young drivers may qualify for additional savings based on academic achievement or driver education.
Honor Student: Unmarried drivers ages 16–24 who attend school full-time may be eligible for a discount if they rank among the top 20% of their class, have a qualifying GPA, or appear on a Dean’s List or comparable scholastic achievement listing. Scholastic records must be provided.
Driver Education: Drivers ages 16–20 may receive a discount for completing an approved driver education course, which is often offered through schools. This discount cannot be combined with the Youth Defensive Driver Discount.
Youth Defensive Driver/Safety Test: Qualifying unmarried drivers ages 16–20 may receive a discount for passing the Youth Defensive Driver or Youth Safety Test. This discount cannot be combined with other driver training discounts.
Bundle and save
You can save by bundling multiple insurance policies with Alfa. Bundling lets you combine two or more policies under one insurer, making your coverage more convenient and affordable. A variety of combinations are available, including auto, home, renters, watercraft, life, and umbrella coverage.
Protect more. Pay less.
Life changes and evolving needs can impact your insurance rates and potential savings. Whether it’s a new job, a home addition, a new driver, or simply reviewing your coverage, you could be eligible for valuable discounts. Connect with an Alfa Insurance agent today to secure coverage, maximize your savings, and take control of your protection.
All coverages are subject to deductibles and policy limits. This is not an insurance policy. It is intended only to provide a general description of Alfa Insurance® and/or its product lines and services. An actual policy contains the specific details of the deductibles, coverages, conditions and exclusions. Your Alfa® agent can explain the policy and benefits and answer any questions you may have before you buy.