7 Auto Insurance Discounts Seniors Forget to Claim (But Should)

6. The “Automatic Payments” & “Paperless” Stack

These are small discounts, but they stack up.

• Paid-in-Full Discount: If you can afford to pay your 6-month premium in one lump sum rather than monthly, many insurers knock off 5-10% instantly. It eliminates their administrative fees.
• Paperless Discount: Opting for email statements instead of snail mail often saves another small percentage.

(adsbygoogle = window.adsbygoogle || []).push({});

Action Step: If you have the savings, stop paying monthly. The “convenience fee” for monthly payments is basically a high-interest loan you are paying to the insurance company.