Auto Insurance is typically the highest expense for drivers only after the car itself. With so many costs rising, consumers need to be aware of basic discounts that can save hundreds of dollars annually. The majority of these discounts can be fairly easy to obtain.

1) Anti-Theft Discount – If your car has a factory-installed alarm, most auto insurance companies will offer some discount on your auto policy. This discount is easy to obtain with the insurance company verifying through the vehicle identification number.

2) Proof of Prior Insurance – This discount is fairly substantial. As long as you are able to maintain auto insurance prior to switching companies, you can be eligible for this discount. Not maintaining your auto insurance coverage will raise your rates. Auto insurance companies will see drivers as an increase in risk when they do not continue their coverage consistently.

3) Good Student Discount – Do you or your kids excel in the classroom? Take advantage of this easy reduction in cost for having good grades. When this discount is offered by your insurance company, it is typically as easy as submitting your report cards or transcripts to reduce what is typically your most expensive driver to insure.