Safeco Auto Insurance Discounts (2024)
Safeco auto insurance discounts are offered to those who sign early, use their app, or are active military members. Get 20 percent off with Safeco low mileage discounts. Also, the Safeco good student discount could be a huge benefit for students and parents alike. Read on to learn more about Safeco’s discounts and incentives.
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about insurance when he got his first policy for his own family. He has been featured as an insurance expert speaker at agent conventions and in top publications. As an independent licensed insurance agent, he has helped clients nationwide to secure affordable coverage while making the process simpl...
Licensed Insurance Agent
UPDATED: Mar 26, 2024
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Mar 26, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Safeco is a subsidiary of the seventh-largest personal auto insurance seller in the United States, Liberty Mutual.
- Safeco may be a subsidiary of Liberty Mutual, but it offers only 30 discounts, and Liberty Mutual offers 38.
- Some of the most notable Safeco insurance discounts offered include Teen Safety Rewards, Safety Rewards, Loyalty, and RightTrack.
We’ve dedicated this guide to Safeco’s auto insurance discounts, including the Safeco auto insurance low-mileage discount, see how to get a low mileage auto insurance discount. If you would like to learn more about other offerings from this company, read our Safeco auto insurance review for full details.
If you are ready to buy Safeco auto insurance, enter your ZIP code in our FREE comparison tool to see Safeco auto insurance discounts and get a Safeco insurance quote compared to other companies.
What are the types of discounts offered by Safeco auto insurance?
Safeco carries several discounts. For example, the multi-policy discount will allow you to bundle Safeco RV insurance with auto insurance. Perhaps you want to bundle your Safeco home insurance with auto insurance for discounts.
Safeco automatic payments will give you small discount on an insurance policy.
There are three different types of discounts that you can ask for when you’re buying insurance. These include driver, vehicle, and policy discounts.
A majority of the savings that you can apply for can be stacked one on the other. With Safeco, you could qualify for 30 different auto discounts. Here’s a breakdown of each of them.
What is the Safeco defensive driving discount?
Drivers that are rated on your policy can increase the likelihood that a claim will be filed. If any licensed driver has a bad record or they have accidents in the past three years, it will affect your rates. Here are some discounts to look for through Safeco:
- Defensive Driver (must be 55 and up and take an approved course for a discount that lasts three years)
- Distant Student (resident student attending college 100+ miles away)
- Driver’s Ed (under 21 and free of accidents in the last 36 months)
- Safeco Good Student Discount (GPA of 3.0 or higher and the discount drops 1 percent for every year of experience)
- Further Education (must have a Bachelor’s degree or higher)
- Homeowner
- Further Education (for having a four-year degree or higher)
- Occupation (workplace discounts for business owners, teachers, firefighters, police officers, and educators)
- Military (active and retired)
- Married
- Safeco Safety Rewards (driver can’t have at-fault accidents in the last three years, DUI’s in the last 10 years, or more than one point on their license)
- Stable Residence (must be at residence for one year or more)
- Teen Safety Rewards
Safeco also has a discount called the Safeco Claims-Free Cash Back. Claims-Free Cash Back is a Safeco program where customers with 12-month Superior or Ultra policies can get 5 percent cash back each year for having no claims in the past six months of their policy.
The Safeco Auto Insurance good student discount renews routinely.
Read more: Auto Insurance Discount for American Federation of Teachers (AFT) Members
What are the vehicle discounts from Safeco?
If your car is stocked with features, you may be able to save money on your premiums by getting discounts. Most auto insurance companies will offer you some type of savings if you have a newer car packed full of safety features. Safeco offers the following vehicle discounts:
- Anti-lock Brakes
- Anti-theft (passive alarm or active alarm that disables the engine)
- Daytime Running Lights
- Newer Vehicle
- Forward Collision Warning
- Low Mileage (vehicles driven 4,000 miles or less per year)
- Passive Restraint
- Vehicle Recovery (for LoJack and OnStar)
- VIN Etching
See how discounts can affect your auto insurance quote by entering your ZIP code in the FREE comparison tool.
Read more: How to Get an Anti-Theft Auto Insurance Discount
What are the policy discounts from Safeco?
Policy discounts can range from discounts for the payment method that you choose or for getting quotes early before you sign up for the policy.
These discounts are usually applied off of the total policy premium, and they can be combined with other options in the other categories. Safeco policy discounts include:
- Continuous Coverage (being with a company one year or more qualifies, the discount is higher when you’ve been with a carrier five or more years)
- RightTrack (5 percent for each vehicle when you sign up, and then you get 30 percent off based on your driving behaviors)
- Early Quote (must pay premium eight days or more before the policy effective date)
- Full Payment
- Good Credit Insurance Score
- Tenure Loyalty Reward (after two years of being with Safeco)
- Financial Stability (for drivers with good credit and a stable residence)
- Multi-policy (for maintaining two or more lines of insurance with the carrier)
- Multi-car (for insuring two or more companies with the company)
- Auto Billing
- Stable Residence (policyholders who have been at the same residence for a year or more
Safeco’s RightTrack is one of the few usage-based insurance devices that is actually plugged into your vehicle to ensure accurate data collection. It also works with the app installed on your mobile device to show real-time data.
This tool is particularly useful if you have a teen driver in your family. Other usage-based insurance programs use only an app on a mobile device and rely on telematic readings based on internal functions of your mobile device such as the compass, GPS, and position detectors.
Why get a discount for good credit? According to the Federal Trade Commission, individuals with good credit present less risk than those with poor credit.
If you’d like to see which Safeco discounts you’ll qualify for, the best way to find out is to get online insurance quotes.
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How are your Safeco auto insurance rates calculated?
Let’s examine the Safeco annual rates by the age of drivers.
| Driver's Age | Safeco Average Annual Rates |
|---|---|
| 60-year-old Drivers | $1,687 |
| 50-year-old Drivers | $1,745 |
| 30-year-old Drivers | $2,111 |
| 40-year-old Drivers | $2,128 |
| 20-year-old Drivers | $2,566 |
| Teen Drivers | $7,765 |
Teen drivers have the most expensive rates for auto insurance, while drivers in their 60s pay thousands of dollars less. It’s surprising to see 40-year-old drivers have a higher auto insurance rate than 30-year-old drivers.
To understand why auto insurance discounts are so important, you must first understand how your rates are calculated. There’s an entire process dedicated to ratings.
If companies didn’t invest time and money into pricing their insurance products, they would go out of business after the first round of catastrophic claims were filed.
When insurance companies go into business, they have to set a price per exposure unit. This is what the insurers call a rate.
Auto insurance rates are determined by the company’s statistical analysis of past claims that have been filed. Therefore, the insurer will predict how many losses will be filed, and they will set rates that cover administrative costs, operational costs, and still allow room for a profit.
According to the Insurance Information Institute (III), these losses are recorded by claim adjusters, insurance investigators, and appraisers.
Read more: How to Cancel Safeco Auto Insurance
How do I shop the for best auto insurance discounts?
Everyone who solicits quotes for auto insurance will receive a personalized premium quote. This personalized premium takes the rates for each unit into account and also your rating factors.
Every company has a different set of rates, and some companies will be more competitive than others for drivers in your risk group. You should get quotes to compare rates, but you should also shop in the marketplace for the best discounts.
To secure the best auto insurance discounts, it's crucial to compare personalized quotes from various providers, as rates and discounts can significantly vary depending on your specific risk profile and eligibility for multiple discounts.Daniel Walker Licensed Auto Insurance Agent
You could have favorable ratings for your risk class, but it helps even more when you’re in a favorable risk group, and you also qualify for dozens of different discounts.
Not all companies offer the same discounts, but knowing what Safeco offers can help you decide if you’ll get a deal by making a switch.
Let’s recap on what you’ve learned about Safeco discounts. In addition to the review, we’ll answer frequently asked questions that appear on search engines across the internet.
If you’re ready to start comparing discounts offered by Safeco and other insurance companies, start by entering your ZIP code in the FREE comparison tool below and find Safeco auto insurance quotes.
Is Safeco auto insurance company the one for you? Find out now.
Frequently Asked Questions
What is the low mileage discount for Safeco?
The Safeco auto insurance low mileage discount works by giving 20% off auto insurance rates for a policyholder who drives 4,000 miles or less during the duration of the policy.
Is Safeco auto insurance good?
According to A.M. Best, Safeco has an A+ or excellent rating, which means that the company has a stable outlook and has a superior ability to meet the obligations of its customers.
Does Safeco offer accident forgiveness?
Yes. However, accident forgiveness is a perk for being a loyal customer. You would have to be with Safeco for several years to be eligible.
Is Safeco insurance cheap?
That would depend on your age, location, the vehicle you drive, credit history, and driving record. Since Safeco is a subsidiary of Liberty Mutual, your auto insurance may be more expensive in some parts of the United States.
How can I qualify for Safeco auto insurance discounts?
To qualify for Safeco auto insurance discounts, you need to meet specific criteria set by the company. These criteria may vary depending on the type of discount.
For example, to qualify for a safe driver discount, you need to have a clean driving record for a specified period. To qualify for a good student discount, need to provide proof of good grades. Contact Safeco or your insurance agent to learn about the specific requirements for each discount.
Can I combine multiple discounts with Safeco auto insurance?
Yes, in most cases, you can combine multiple discounts with Safeco auto insurance. Safeco encourages policyholders to take advantage of available discounts to maximize savings on their premiums. Combining discounts like the multi-policy discount and safe driver discount can help you save even more. Review details of each discount to ensure eligibility and understand any limitations or restrictions.
Does Safeco offer a car rental discount?
Safeco provides various discounts for their insurance policies, including bundle discounts, low usage discounts, and safety features discounts. However, specific mention of a Safeco rental car discount was not found in the information available. These discounts may potentially apply to situations involving rental cars, but for precise details and eligibility, reaching out directly to a Safeco agent is recommended. They can offer the most current and comprehensive information on discounts and how they may benefit your particular insurance needs.
Does Safeco offer a senior driver discount?
There is not a specific Safeco senior discount that automatically applies to all older drivers. However, they provide a defensive driving discount that seniors can qualify for, which is available to drivers of any age who complete an approved defensive driving course. Beyond this, there are other ways for senior drivers to save on their Safeco insurance policies .
How do I qualify for Safeco low mileage discount?
To qualify for the Safeco low mileage discount, you need to ensure your vehicle is driven 4,000 miles or less during your policy period. This discount provides a substantial saving of 20% off your auto insurance rates, catering specifically to drivers who use their vehicles sparingly. To take advantage of this discount or to see if you’re eligible for it, contact Safeco directly. They will provide the necessary steps and may require proof of your vehicle’s mileage to apply the discount to your policy.
Does Safeco have a military discount?
Safeco Insurance proudly supports the military community by offering a military discount to those who have served in the United States armed forces. To qualify for the military discount, individuals must provide proof of their military service. This can include a copy of your military ID, discharge papers, or any other document that verifies your service in the armed forces.
How does RightTrack know who is driving?
Safeco’s RightTrack program is a cheap usage-based auto insurance (UBI) program that tracks driving habits to potentially offer discounts on auto insurance. The RightTrack device or mobile app monitors various driving behaviors such as acceleration, braking, nighttime driving, and the total miles driven. However, one limitation of RightTrack, as with many other UBI programs, is its inability to specifically identify who is driving the vehicle at any given time.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Ty Stewart
Licensed Insurance Agent
Ty Stewart is the founder and CEO of SimpleLifeInsure.com. He started researching and studying about insurance when he got his first policy for his own family. He has been featured as an insurance expert speaker at agent conventions and in top publications. As an independent licensed insurance agent, he has helped clients nationwide to secure affordable coverage while making the process simpl...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.