Can renters get home-related savings?

Yes. Renters can bundle auto and renters policies and add safety devices to earn comparable discounts to homeowners.

Unlock the Best Discounts in Auto and Home Insurance

Q: What’s the most common discount?

The bundling (multi-policy) discount — combining auto with home or renters coverage is the most widely available and usually provides the highest savings.

Q: Are discounts automatic?

Not always. Some apply automatically, but most require proof such as telematics enrollment, student transcripts, or safety certificates.

Q: How do I keep discounts long term?

Shop annually, update documentation before renewal, and maintain a clean driving record to retain your discounts year-after-year.

Saving on insurance is easier than it seems. Across the U.S., leading carriers offer dozens of hidden discounts for drivers and homeowners — from safe-driving rewards to smart-home savings. Knowing which apply to you helps keep strong protection while cutting extra costs.

This guide highlights the best ways to save, explains who qualifies, and shows simple steps to combine multiple discounts — all without reducing your coverage.

💡 Fact: Policyholders who check their discounts each year save up to 23% compared to those who renew automatically.

Why Discounts Matter for Policyholders

Discounts lower your premium and can often be combined for bigger savings. Many are not applied automatically — you need to ask or show proof. Once approved, most stay active at every renewal. Simple actions like bundling, driving safely, or upgrading your home can save money year after year.

Get Your Auto Insurance Discount Quote

Enter your ZIP to find local driver discounts and savings options.

Discover Home Insurance Savings

Check available home or renters discounts in your ZIP area.

Ways to save with auto and home insurance discounts in the USA

Main Types of Auto and Home Insurance Discounts

Below are the most common discount types across the U.S. Combine several to increase your total savings.

Bundling (Multi-Policy)

Combine auto and home (or renters) coverage with one insurer to unlock one of the biggest discounts — usually 10–25% off your total premium. This approach simplifies billing and ensures smoother claim service. Learn more about how bundled auto and home quotes work.

Safe Driver & Telematics

Drivers with clean records qualify for accident-free savings. Telematics programs track speed, braking, and mileage to set a fair rate. Careful drivers can save 10–15% per policy term.

Try it for one term — if it saves you money, continue. If not, opt out before renewal with no penalty.

🚘 Tip: Already using a tracking app? Compare with Esurance to see if a telematics-only insurer offers better rewards.

Good Student & Young Driver

Students with a “B” average or higher can get up to 10% off. Those living at college without a car often qualify for a “student away” discount.

Upload transcripts once per school year. Most insurers send reminders so you never miss the renewal.

Home Safety & Renovation

Safety upgrades reduce risk and cost. Smoke alarms, leak detectors, security systems, and reinforced roofs can lower your premium by 8–12%. Check your insurer’s approved device list before you buy.

🏠 Fact: Installing a smart leak sensor can reduce water damage claims by 20%, which is why many insurers now promote smart-home discounts nationwide.

Loyalty, Affiliation & Payments

Teachers, military members, healthcare workers, and alumni can earn special group discounts. Long-time customers get renewal credits after three years or more.

Go paperless or choose a pay-in-full option to stack smaller savings worth 5–7% yearly.

How to Maximize Your Discounts

Review your insurance once a year, especially after moving or adding drivers. Request a discount checklist from each carrier and provide all required proof. Adjust your deductible to fit your budget and set aside the savings for emergencies.

When ready to compare quotes, use our auto insurance comparison tool or explore home coverage insights by state.

Checklist: Keep Discounts at Renewal

• Re-check documents 30–45 days before renewal.

• Upload updated grades, certificates, or telematics data early.

• Ask for a “discount audit” if your rate suddenly increases.

Frequently Asked Questions About Discounts

What’s the most common discount?
Bundling auto and home (or renters) policies. It’s available in every state and often gives the biggest savings.

Are discounts automatic?
Some apply automatically, but others need proof like telematics data, alarm certificates, or school transcripts.

Can renters qualify?
Yes. Auto and renters bundles and smart-home devices offer almost the same savings as homeowner plans.

How do I keep discounts long term?
Shop once a year, update your documents, and drive safely to keep all discounts active.