Auto insurance

Next to your home, your automobile is often the most expensive piece of property you own. As a result, it is important to seek the best value when buying your insurance. There are a number of ways to reduce the cost of your auto insurance premiums while still obtaining the coverage that you need.

Deductible

Choosing higher deductibles for collision and comprehensive coverage is an easy and cost-effective way to lower your auto insurance bill. In many cases, the premium savings realised by switching to a higher deductible may be enough to offset the cost difference of an increased deductible in just a few years.

Discounts and credits

Multi-policy — by insuring your auto and home with A&W Insurance, you may be eligible for a discount on your auto premium as well as your homeowners' insurance premium.

Multi-car — if you insure two or more cars with A&W Insurance and they are owned and used by the individual and/or relatives living in the same house, you may be eligible for a discount.

Driver-related discounts

Good drivers who have no accidents or violations receive the most competitive rates, but there are other factors that can reduce your premiums even further:

• Driver training — if you have a young driver under age 21 insured who has completed an accredited driver-training course, you may be eligible for a premium discount.
• College student — young, unmarried, full-time college students who spend most of the college term away from home without the use of an auto may be eligible for a discount.
• Age 55 and older — cars driven primarily by an insured who is 55 or older may be eligible for a discount on the bodily injury, property damage, medical payments, personal injury protection, comprehensive and collision premiums.
• Accident prevention course — if the principal operator is 55 or older, you may be eligible for an additional discount by voluntarily completing an approved motor vehicle accident prevention course.

Vehicle-related discounts

You can save more still by choosing a vehicle with the following safety equipment:

• Passive restraints — if your vehicle is equipped with factory-installed automatic seat belts or air bags, you may be eligible for a discount on the medical payments or personal injury protection portion of your premium.
• Anti-theft devices — you may be eligible for a discount on the comprehensive portion of your premium if your vehicle has active or passive anti-theft devices.