One Car Insurance Discount Can Save You 40%, Quote.com Finds

ST. PETERSBURG, Fla., Sept. 30, 2026 /PRNewswire/ -- Quote.com recently published a report examining car insurance discounts. The safe driver discount can save policyholders up to 40%.

To qualify, a policyholder must have no traffic violations or accidents on their record for at least three years. The discount amount will vary based on the company and region.

Top 10 Car Insurance Discounts

Car insurance discounts can be stacked. However, drivers who qualify for several discounts won't get free coverage. Insurance companies determine maxed-out discounts.

The following is Quote.com's list of the top 10 discounts and the savings potential:

• Safe Driver – 40%
• Usage-Based – 30%
• Bundling – 25%
• Good Students – 20%
• Accident Forgiveness – 15%
• Employer/Association – 15%
• Hybrid/Electric – 15%
• Low Mileage – 15%
• Military –15%
• New Car – 15%

To qualify for a usage-based discount, drivers must opt into the telematics program, allowing the insurance provider to collect driving data.

Some companies guarantee a discount for opting in, while others base rates on the driving data. In this situation, safe drivers receive discounts, while those with high-risk behaviors pay higher premiums.

Additional Discounts

Drivers who sign up for autopay usually receive a discount because automatic payments reduce the risk of nonpayment.

Paperless billing can help drivers save. Insurance providers save money by not printing bills, mailing them, and paying someone to do it, and they pass the savings on to the customers.

Senior drivers may qualify for defensive driving discounts after completing a defensive driving class. Similarly, teen drivers may qualify for a discount after completing a driver's education course.

Insuring multiple cars can help policyholders qualify for a multi-vehicle discount, similar to a bundling discount.

Companies With the Best Discounts

Melanie Musson, a nationally recognized car insurance expert with Quote.com, explains, "Rates and discounts vary significantly across the country, so drivers will find the best savings by comparing rates and discounts themselves."

The average discount for Geico customers is 29%. The original monthly cost is $85 per month on average, and after the discount, the monthly payment is $60 per month, making Geico one of the lowest-cost car insurance providers.

Traveler's average 25% discount brings the average monthly payment of $85 to $65. Discounts can help drivers save significantly.

Read Quote.com's entire review here: 17 Car Insurance Discounts You Can't Miss.

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SOURCE Quote.com