What Discounts Does American Family Offer for Car Insurance?
Last Updated on July 16, 2020
If you want to save hundreds per year on car insurance, then take advantage of discounts. American Family Insurance, like all other insurance companies in America, offers a range of car insurance discounts.
The American Family Insurance website lists dozens of discounts for drivers across the United States. Many policyholders qualify for these discounts unknowingly, then continue to pay high rates for car insurance.
What discounts does American Family offer for car insurance? How much can you save with American Family Insurance’s discounts? Today, we’re explaining everything you need to know about the company’s car insurance discounts and how much you can save.
Good Student Discounts
Are you a high school or college student with a B+ average or higher? Does your child get good grades in high school or college? Whether it’s for you or your child, a good grade discount can lead to big savings. As a high school or college student, you could save hundreds per year on car insurance by keeping a B+ average or better. American Family Insurance may require transcripts or other proof.
Do you or your family own multiple vehicles? If you have multiple vehicles registered at one address, you could save money via the American Family multi-vehicle discount. With this program, you pay lower auto insurance premiums on cars and trucks registered to the same address. A typical multi-vehicle discount is around 15%.
Teenagers pay some of the highest car insurance rates in the United States. American Family Insurance offers a Teen Safe Driver discount program. This program rewards teenagers who make smart choices behind the wheel. The program is free to any policyholder with a teenage driver listed on the policy. You can get a discount just for enrolling in the program. If your teen is a safe driver, then you could save even more as that behavior is tracked and rewarded.
Are you a loyal American Family Insurance customer? The company gives discounts to customers who have been with the company for a long time. American Family does not list the specific required length of time upfront. With other insurers, however, you receive a loyalty discount after 3 to 5 years of continued coverage.
Away at School Discount
If your child is under 25 and going to school full-time more than 100 miles away from home, then you could save money on car insurance. Your teen driver can continue to drive family cars when home from college, while you save money on car insurance.
Early Bird Discount
Do you have an active policy with another carrier? If you request a quote from American Family Insurance at least seven days before the other insurance policy goes into effect, then you could qualify for American Family’s early bird discount. This discount varies from state to state. Few other insurance companies offer a similar discount.
American Family Insurance offers a full spectrum of insurance products, including car insurance, motorcycle insurance, RV and camper insurance, boat insurance, ATV insurance, home insurance, classic car insurance, life insurance, umbrella insurance, health insurance, travel insurance, and more. If you have multiple insurance products with American Family, then you could qualify for a multi-product discount across all policies.
Young Volunteer Discount
American Family Insurance is one of the only insurance companies in the United States that offers a young volunteer discount. If you are under 25 and complete 40+ years of volunteer work per year for a qualifying non-profit, then American Family may give a discount on auto insurance.
Steer Into Savings Discount
This discount is similar to the early bird discount above. With the steer into savings discount, American Family gives a discount if you switch from a competing insurance company to American Family. This discount varies from state to state.
Auto Safety Equipment Discounts
All modern vehicles have safety equipment. Depending on the type of safety equipment installed on your vehicle (like passenger or side airbags or anti-lock brakes), you could qualify for an auto safety equipment discount with American Family.
Good Driving Discount
Like all insurance companies, American Family offers discounts to safe drivers. If you have no accidents, violations, or claims within the past 3 to 5 years, then you qualify for a range of insurance discounts.
Defensive Driver Discounts
Drivers age 55 and older can qualify for a defensive driver discount with American Family. By taking an approved defensive driver course, you can save on car insurance premiums as you get older.
Low Mileage Discounts
Many insurance companies offer low mileage discounts. If you drive fewer than 7,500 miles per year, then American Family will lower your insurance premiums. This discount is popular among retired people, those who work from home, and anyone with short commutes.
American Family offers an auto insurance discount called KnowYourDrive. With KnowYourDrive, you could save 20% on insurance premiums by installing a driver tracking system in your vehicle (or using the mobile app). American Family uses this system to encourage drivers to drive safer and smarter.
Is your mom or dad an American Family policyholder? With American Family’s generational discount, drivers can save money if their mom or dad was an American Family customer. Some companies call this a loyalty or legacy discount.
If you set up automatic payments, you could save money on car insurance. When you enroll in automatic funds transfer (AFT) or electronic recurring payments, you receive a discount on car insurance with American Family.
Many insurers now offer paperless discounts in an effort to go green. If you receive all insurance paperwork electronically, and if you pay your premiums electronically, then you could qualify for a paperless discount.
Paid in Full Discount
Virtually every insurance company in the United States offers a paid in full discount. If you pay your insurance premiums in full every 6 or 12 months, then you could save 5% on your American Family insurance policy.
COVID-19 10% Auto Insurance Discount
In 2020, American Family introduced a 10% auto insurance premium relief credit due to the COVID-19 pandemic. As an American Family customer, you are eligible for 10% credit off insurance premiums between July 1 and December 31, 2020. Eligible customers will receive a credit on their bill worth 10% of their total premiums paid throughout the last half of 2020.
Final Word – American Family Discounts
American Family offers a range of standard insurance discounts – including paid in full discounts and paperless billing discounts. The company also offers unique discounts not seen with competing insurers – including volunteer discounts and generational discounts.
By taking advantage of American Family Insurance discounts, you can save hundreds on car insurance per year.
|Company Address||6000 American Parkway
Madison, WI 53783