By Farm Bureau Financial Services on August 1, 2024

9 Insurance Discounts You Might Be Missing

With Farm Bureau Financial Services (FBFS), you may be able to save money on insurance with one of the many discounts they offer. Whether you’re insuring your young driver, bundling your homeowners and auto insurance policy or insuring a good student, options for discounts are available!

1. Driveology®

Are you a safe driver who wants to save money on car insurance? Then Driveology® might be the program for you. This usage-based insurance program monitors your safe driving habits, such as avoiding harsh braking and phone use. Your care can help you save money on car insurance — you save 10 percent just by signing up, with the opportunity for more savings.

2. Young Driver Safety Program

Learning to be a good driver is hard work and takes practice. The FBFS Safe Young Driver discount is designed for drivers under 25 and gives inexperienced drivers the chance to build skill and confidence behind the wheel. And this car insurance discount will save your family money.

3. Bundling

You could receive a discount when you bundle your car and home insurance. Plus, you’ll have the convenience of one policy, one premium and one deductible for all your covered possessions. That’s a one-deductible advantage.

4. Good Student Discount

Your hardworking student can help you save! When your student driver maintains a B average or higher in school or is ranked in the top 20 percent of the class, they may qualify for a discount on your auto insurance.

5. Multiple Vehicle Discount

Do you have more than one car in your household? You can save money by bundling them on your Farm Bureau Member’s Choice policy. On top of the convenience of keeping everything in one place, having multiple vehicles on your policy will lower the rate on each car.

6. New Roof Discount

Though it’s one of the more expensive updates you can make to your home, replacing your roof will refresh the look of the house and provide decades of protection from the elements. Plus, depending on the type of roofing you use, it can save money on your homeowners insurance. For example, if you’re getting a roof replaced, you could consider using hail-resistant shingles, which will help you save on insurance.

7. Protective Device Discount

It’s never been easier to protect your home with a security system, whether you’re installing cameras and alarms yourself or hiring a professional. With the ability to check the camera feed on your smartphone, a home security system can bring you peace of mind wherever you are while serving as a deterrent for thieves. Even better, it can save you money on your insurance premiums.

8. Paid in Full Discount

Did you know you could save money based on how you pay your premiums? If you pay your annual policy premium in one payment instead of paying periodically, such as monthly, you can lower your overall cost.

9. Financial Services Discount

You can receive an insurance discount when adding life insurance and annuities to your existing policies. For example, you can protect your loved ones while protecting your property and vehicles — and save money doing so.

It’s Time for a SuperCheck®

Life changes fast. When you meet with a Farm Bureau agent for a SuperCheck®, they will go over your current coverage. During the conversation, your agent will paint a picture of the role insurance can play in your world and help you identify potential gaps and available discounts along the way.

To learn more, contact an FBFS agent near you.