Another way to save money is to take advantage of all discounts available. The following discounts apply to different components of your auto insurance. Altogether the reductions could be substantial. If you are accident-free, you could get up to a 20 percent lower premium. Accident-free means you've had your policy with the same company and haven't been involved in an accident that was your fault for ten years.
Some companies give a discount after three accident-free years.
If your car has passive restraints such as air bags, you could have your medical-payment premium reduced by 10 to 40 percent. Anti-lock brakes might reduce your liability, medical and collision premiums by 5 percent. Anti-theft devices could reduce your comprehensive coverage by 10 percent. Driver training can cut premiums for your children by 10 percent. For more information, contact your local Colorado State University Cooperative Extension office .