Laserfiche WebLink
Interinsurance Exchange of the Automobile Club <br /> AVAILABLE AUTOMOBILE PREMIUM DISCOUNTS <br /> The following automobile insurance premium discounts are offered to qualifying policyholders. <br /> Good Driver Discount <br /> Drivers are eligible for a 20%premium discount on the vehicles they principally operate if during the last 10 years, <br /> they have not been convicted of an alcohol or drug-related offense; and during the last 3 years, they: <br /> m <br /> • were continuously licensed to drive a motor vehicle. <br /> • had no suspension, cancellation or revocation of their driving license. <br /> • had no principally(51% or more)at-fault accidents which resulted in bodily injury or death of any person. <br /> • had no traffic convictions which are assessed two violation points(i.e., reckless driving, speed contest or <br /> hit-and-run). <br /> • had no more than: <br /> one (minor)traffic conviction which is assessed one violation point(such as speeding or running a red light); <br /> OR <br /> one principally (51% or more) at-fault accident which resulted only in damage to property(no bodily injury or <br /> death), and the total loss or damage caused by the accident exceeded$1,000. <br /> Loyalty Discount <br /> A discount of up to 5.60/6*will automatically apply to qualifying policyholders who have had continuous automobile <br /> liability insurance with the Exchange for at least one year. <br /> Multi-Vehicle Discount <br /> A discount of up to 27.30/*will apply on most policies insuring two or more qualifying vehicles for Bodily Injury <br /> Coverage. Qualifying vehicles include private passenger autos, SUV's, most pick-ups and vans, motor homes, dune <br /> buggies and classic cars. (This discount does not apply to classic cars insured under a Collector Car policy). <br /> Multi-Policy Discount <br /> This discount will automatically apply to qualified auto policies if the named insured (or resident spouse/registered <br /> domestic partner)also insures their home or watercraft with the Interinsurance Exchange or has a qualifying AAA <br /> Life Insurance Policy. Auto policyholders can save the following on their auto premium: <br /> • up to 15.70/o*wlth a qualifying homeowners policy; or up to 11.2%*with a qualifying condo policy, or up to 3.7%* <br /> with a qualifying renters policy. <br /> • up to 2.80/0 with a qualifying watercraft policy. <br /> • up to 4.70le with a qualifying AAA Life policy. <br /> Verified Mileage Discount <br /> A discount ranging from approximately 1.1°/6* up to 19.10/o*is available on an individual vehicle basis when selected <br /> by the named Insured. To qualify, the named insured must provide us, when requested, with the current odometer <br /> reading as verification of the number of miles driven annually for that vehicle. If we do not receive a vehicle's <br /> current odometer reading when requested, the vehicle will not qualify for the Verified Mileage Discount.We may use <br /> odometer readings obtained from government agencies and other sources to determine or verify the vehicle's <br /> annual mileage. For vehicles owned less than 90 days, we may use a default annual mileage. <br /> This discount Is applied prospectively at new business, renewal, and upon certain policy amendments. If the annual <br /> miles of a vehicle significantly change during the policy year, you may request an adjustment to the verified annual <br /> mileage of that vehicle. The adjustment to the policy will be effective after the verification of odometer readings <br /> provided by you or the vehicle is inspected by us. <br /> Good Student Discount <br /> Full-time high school, college or university students with less than nine years of driving experience and a current or <br /> cumulative grade point average(GPA)of at least 3.0, are eligible for a discount of up to 14.31/o*on the vehicle(s) <br /> they principally operate. Acceptable certification of full-time status and GPA is required before the discount can be <br /> applied. Re-certification is required annually and must be received prior to policy renewal. <br /> *Discount amounts are approximate and will vary by policy. <br /> CAA08 A 1-1-21 <br /> E20201012 <br /> 10242-0 <br />