As a nurse, you may be entitled to certain discounts from major car insurance companies. Today, we’re explaining everything you need to know about car insurance discounts for nurses, including how much you can save, which types of discounts are available, and which companies offer the best discounts for nurses.
Some Car Insurance Companies Offer Discounts for Nurses and Other Occupations
Car insurance companies use a number of different factors to determine your risk. They use your age and gender, for example, as well as your driving history. A growing number of car insurance companies, however, are also taking something else into account: they’re analyzing your risk based on your profession.
Certain professions are associated with lower risk than other professions. A nurse or doctor, for example, might have a lower chance of making a claim than an individual in another profession.
That’s why some car insurance companies offer discounts for those working in ‘preferred occupations’. Sometimes, these discounts are given away because the occupation is genuinely associated with lower risk. In other cases, car insurance companies provide discounts as a reward for those in certain occupations – military personnel and first responders, for example, might receive preferential car insurance rates.
Nurses often fall into this ‘preferred occupation’ category, along with many other medical professionals. If you are a nurse or work in any type of medical field, then you may be eligible for occupation-specific savings on car insurance.
How to Get a Car Insurance Discount as a Nurse
Car insurance discounts for nurses vary between insurance companies. They also vary between states. A company might offer a discount for nurses in one state, for example, but not others.
The best way to get a car insurance discount as a nurse is to talk to your insurance company. Ask about specific discounts available to nurses.
Or, if you’re shopping around for car insurance, compare quotes online today. Some car insurance companies are known for offering preferential rates for nurses and other medical professionals.
Which Car Insurance Companies Offer Discounts for Nurses?
Certain car insurance companies are known for offering discounts for nurses, including all of the following:
- California Casualty
- The Hartford
These car insurance companies offer different discounts to nurses. Most offer discounts of between 3% and 15%, although specific discounts can vary based on state law and company policy.
In most states, a nurse discount is considered a profession-specific discount. The average profession-specific discount is around 5%.
Compare quotes online today to make sure you’re getting the best possible price on car insurance as a nurse.
Other Ways Nurses Can Save Money on Car Insurance
Occupation-specific discounts are just one way for nurses to save money on car insurance. Other tips for saving money on car insurance include:
Maintain a Good Credit Score: Insurance companies use your credit score to assess your risk. If you have a credit score of 650 or higher, for example, then you may be eligible for better car insurance rates than someone with a lower credit score.
Ask About Telematics Car Tracking: A growing number of insurance companies offer telematics car tracking programs. You install a temporary tracker on your vehicle, and then your insurance company charges a customized rate based on your driving habits. Nurses who drive during safe hours of the day (outside of rush hour, for example) or have short commutes might find themselves paying 10% to 30% less for car insurance after installing telematics systems.
Compare Quotes Online: It takes just a few minutes to compare quotes online. Compare car insurance quotes online today to ensure you’re paying the best possible rate for car insurance as a nurse. Some companies offer discounts for nurses while others do not.
Nursing Students May Be Eligible for Car Insurance Discounts
Discounts aren’t just available to full-time nurses; they may also be available to nursing students. Students studying medicine or nursing may be eligible for special student discounts on car insurance.
Some car insurance companies offer student discounts if you maintain a GPA of 3.0 or higher, for example. If you are getting good grades in nursing school, and you keep your grade average high, then you may be able to save 10% to 20% off the cost of car insurance. Studies have shown that students who maintain good grades are less likely to make a claim, so car insurance companies reward your hard work with lower premiums.
Car insurance companies might also provide nursing students with a car insurance discount if they live far away from home. If your car is parked at your parents’ house while you are away at college, for example, but you still want to be covered when you go home, then you might get a big discount on car insurance.
Talk to your car insurance provider to ask about discounts for nursing students.
A growing number of car insurance companies offer special discounts for nurses and other medical professionals. If you qualify for nurse car insurance discounts, then you may be able to save a considerable amount off your usual car insurance premiums. Compare quotes online today to find the best car insurance prices for nurses.