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How are discounts applied to my automobile policy premium?

April 26, 2017applied automobile discounts policy Premium

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How are discounts applied to my automobile policy premium?

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Discounts may be applied to all or part of your total premium depending on the type of credits to be applied. For instance, Good Driver Experience Credits are typically applied to the entire policy premium. On the other hand, Passive Restraint Credits typically apply only to specified policy coverage premiums that pertain to bodily injury and liability hazards. This is because passive restraints have a direct impact upon reducing the cost of bodily injury and liability claims in the event of accidents.