Auto insurance is a must-have for any driver, but it is also a significant expense. Did you know that you can get cash back from your auto insurance policy? Many insurance companies offer cash-back programs that allow you to earn a percentage of your annual premium back each year. Your exceptional driving does not go unnoticed!
Eligibility
The eligibility criteria varies by insurance carrier. Typically, you need a clean driving record and be claims-free over a certain period of time.
Rewards
Cash-back programs usually offer a percentage of your premiums back to you in the form of a check or a credit to your premium. The amount varies depending on your policy and your driving history.
Cost
Some insurance carriers may charge an extra fee for cash-back programs, while others include it as part of their policy offerings.
Qualification Period
There is a qualification period that determines the cash-back amount. For example, your policy may be reviewed every six months or annually. This review period determines the amount you receive.
Renewal
Cash-back programs are not always available for the first year of your auto policy. You may need to renew to qualify for the program.
Limitations
Insurance companies may set limits on the cash-back amount or restrict the number of times that you can claim the benefit. Make sure to read the fine print before signing up for a cash-back program.
At Zuber Insurance, we make it easy to choose the auto insurance coverage that works best for you. From a policy that covers basic needs to one that maximizes protection. With the flexibility to add optional coverages to any policy, you choose the right coverage at the right price. To learn more about the cash-back program with your policy and to start saving today, contact your agent.