At Liberty Mutual, students receive a discount for earning a GPA of B or higher with our good student discount. Now you can add, as you save money, to the long list of reasons why you want your teen to keep their grades up. For example, Liberty Mutual offers discounts to drivers who insure multiple vehicles on their policy or who pay for their entire policy in advance. All auto insurance companies must submit the details of their insurance policies to the state insurance departments of each state in which they operate.
Opting for a higher deductible on any of your Liberty Mutual insurance policies can lower your premium. Making sure you have the right car insurance and getting discounts is a good item on the to-do list. There are 17 Liberty Mutual discounts for auto insurance customers, ranging from discounts for good drivers to discounts for cars with modern safety features. You can reduce the costs of your Liberty Mutual car insurance by taking advantage of Liberty Mutual discounts, opting for a higher deductible and reducing your coverage, among other things.
Liberty Mutual takes a variety of factors into account when calculating your premium, although some, such as your age and location, are beyond your control. Each insurance company determines their rates differently, so while Liberty Mutual is among the cheapest car insurance companies, the only way to confirm that you've found the lowest price is to compare quotes from several companies. Whether you can shorten your commute to work, use more public transportation, or even ride more bikes, driving fewer miles each year could lower your Liberty Mutual premium. Overall, married couples pay about 9% less for car insurance than single drivers because they're less likely to file a claim.
Because your credit history is correlated with your likelihood of filing an insurance claim, Liberty Mutual uses your credit data to calculate your premium in states where it is legal. This Liberty Mutual discount is for students under 26 years old who are full-time high school, college, or university students. That's because Liberty Mutual offers special savings opportunities for drivers in this category, such as discounts for students who maintain a GPA of at least 3.0. The discount is automatically applied to qualifying Liberty Mutual policies, but it's not cumulative, meaning you won't get a bigger discount for insuring more vehicles.
In addition, Liberty Mutual rewards customer loyalty with discounts for insuring more than one car and combining several policies, such as home and car. For example, Liberty Mutual offers a preferential payment discount for drivers who set up automatic payments from a checking account, credit card, or debit card.