New studies show that for years many drivers have been overpaying for their car insurance!
THIS IS ONE OF THOSE THINGS THAT YOUR INSURANCE COMPANY DOESN'T WANT YOU TO KNOW.
If you are a NY state licensed driver you can save 10% of your collision and comprehensive auto policy simply by taking a defensive driving course.
HAS YOUR CAR INSURANCE COMPANY EVER TOLD YOU THAT?
New York is one of very few states in the country that mandates insurance carriers to offer you a discount of your base premium regardless of your driving record. ANY NEW YORK DRIVER qualifies!
Once you complete the approved NY Defensive Driving Course, the discount is good for 3 years. Which means that you will get same discount year after year for 3 years until you need to renew it again. Further if you have multiple vehicles and multiple drivers in your family you can further save if each primary driver in your household takes the same approved defensive driving course.
FACT - Only fraction of NY drivers are familiar with this mandated insurance discount law.
Like many people, Lisa K. from Manhattan was skeptical as to whether or not she would benefit in investing some time in taking the course. When her last renewal came in for over $3500, she finally decided to give it a shot. Lisa completed an defensive driving course that she was able to do online in her spare time and was shocked to see a discount for $350 on her policy. Multiply this by 3 years its pure savings of $1050 on a roughly $35 investment.
THAT'S A 1000% RETURN ON INVESTMENT, which would certainly make any investment banker jealous.
Does this mean Lisa was being overcharged by her former insurance agent? Answer is NO! She just took advantage of something that many drivers neglect to do.
Another side benefit of taking the course is POINT REDUCTION. It especially comes in handy for those drivers who like to push the envelope out there and get tickets. Upon completion of the course, the DMV will reduce your point count on your driving record by FOUR POINTS.