If you work in the emergency services, including as a first responder, you could secure cheaper car insurance premiums. Some of the best occupation-based rates are offered to firefighters, paramedics, EMTs, and police officers, but these discounts aren’t as clear cut as you might expect.
How Much Does Car Insurance Cost?
In the United States, the average cost of car insurance is around $1,450, but it varies considerably depending on your demographic. For young drivers and drivers with recent claims, it exceeds $2,000 and even $3,000, but for safer, older drivers, it’s not unusual to get sub-$600 quotes.
Your location will also be considered. Drivers in Michigan and Louisiana pay more than those in Maine. Insurers consider the rates of car crimes, crashes, animal collisions, and more before setting your rates.
As a member of the emergency services, you could save up to 8%, with the actual monetary saving depending on the factors outlined above.
What do Insurers Consider?
Along with your location, age, and driving record, insurers will also consider other risk factors, including your occupation.
If your job requires you to work long hours, drive long distances, and keep irregular schedules, you may pay more. Your salary is also considered, with high earners generally paying less than low earners.
That’s because high earners tend to pay for many smaller collisions themselves, whereas low earners have no choice but to turn to their insurer.
What Discounts are Available?
Simply being a firefighter or first responder doesn’t mean you’ll definitely get cheaper car insurance, nor is it a guarantee that you’ll be offered a fixed discount or saving. Regardless, there are other discounts available and other ways to save, including:
- Improve Your Credit Score: Insurers will pull your credit report and perform a soft inquiry. The higher your score is, the lower those quotes will be.
- Complete a Defensive Driving Course: These courses are often quick and easy and are worth the minimal effort they require.
- Go Paperless and Pay Upfront: Two easy payment discounts that are offered by most providers.
- Bundle Policies and Cars: If your household owns more than one vehicle, add them to the same policy. If you need renters/homeowners insurance, buy them from the same provider. Known as “bundling,” these discounts are available from most auto insurance companies.
- Drop Coverage: Many organizations offer roadside assistance, which means you won’t need to add it to your policy. If you’re driving a vehicle worth less than $3,000, you can probably skip comprehensive and collision insurance as well.
- Raise Your Deductible: Although you will pay more in the event of an at-fault accident, raising your deductible helps to reduce your premiums. If you drive safely, it will lead to substantial long-term savings.
Tell your insurer everything. Give them the information they need to process an accurate application and to apply the discounts you’re entitled to.
Last but not least, don’t accept the first offer that comes along. Check multiple providers, get many quotes, and choose the one that has the lowest price for the most dedicated coverage.