What is a group discount?

One of the best ways to reduce your insurance costs is through a group discount.

Insurance companies provide discounts to people for belonging to different social or professional groups. 

Insurance rates are determined by grouping people together, mostly by a variety of factors such as age and location. Another way to determine rates is to look at people who belong to certain organizations, both professional and social. 

For example, the insurance company has determined that members of a credit unions tend to be less likely to get into accidents or file a claim. The smart thing for the insurance company to do would be to insure as many credit union members as possible, right? In order to get more members of the credit union and to retain their current members they are willing to pass along a discount to those members.

A lot of people are not familiar with the group discounts available to them. All four of our insurance companies provide group discounts.