If you happen to be one of the millions of drivers who get car insurance coverage through MetLife, hopefully your MetLife agent has you all lined up with the numerous car insurance premium discounts you are eligible for. If you’re not currently a MetLife customer and have been considering MetLife as a new option for your car insurance coverage needs, perhaps some of these discounts will tip the scale in your considerations:
- MetLife’s deductible savings benefit for good drivers – similar in practice to the “vanishing” or “disappearing” deductible option other car insurers promote. MetLife immediately extends you a $50 credit toward your deductible on any coverage option that comes with one. You earn an additional $50 deductible “credit” every year you do not have a loss. This credit can build year-by-year to a maximum of $250.
- MetLife’s defensive driver discount – allows you to earn up to a 7% discount by completing a qualifying driver safety course. You must be a licensed driver for at least two years. Successful completion of other MetLife Auto & Home approved courses can also qualify you for the discount. (Discount and availability varies by state and in some states, this discount is not available for completion of on-line courses.)
- MetLife’s superior driver discount – you and your family can earn up to a 12% discount if all of the drivers in your household have outstanding driving records. You all can also earn up to 20 percent in additional savings if you are claim and violation-free for 5 years. (Discounts and availability vary by state.)
- MetLife’s multi-policy discounts – this will allow you and your family to save up to 10 percent with a multi-product or multi-policy discount when you place your home as well as your auto insurance with MetLife. (Some states and plans extend other multi-product and multi-policy discounts for products like renters insurance or insurance for your boat or motorcycle. Be sure to check with your MetLife representative to find which ones you are eligible for.)
- MetLife’s good student discount – if there are high school or college students in your family they could earn you up to a 15 percent discount if he or she qualifies by maintaining consistently good grades. (Typically requires a “B” average or better though some states and plans allow the discounts if your student makes the school’s Dean’s List, lands in the school’s top 10 percent for academic performance, or passes an authorized equivalency test.)
MetLife’s ability to offer discounts to car insurance customers is regulated by each individual state. What’s available in your state, and the degree to which MetLife can extend a discount, may be completely different than what’s available in other states. This summary should give you some idea of what you can expect by way of discount types and levels should you decide that MetLife is the car insurance company for you.
(Note: this article is solely intended to serve as an informational piece and should not be considered a promotion, a solicitation or an endorsement. The author has no affiliation with MetLife or any of its affiliated companies or organizations. The author is also not affiliated with any other car insurance provider.)
Jeffrey Davidson is a writer, editor and former marketing consultant with more than 25 years of experience working with insurance and investment companies. He currently writes about car insurance products and related issues for Reply!. You can find his article on alternative options for your next car insurance policy.