The Best Car Insurance Discounts of 2025

With car insurance rates up more than 30% from 2023, there’s no better time to take a second look at your policy.

One great way to lower your bill is to compare the discounts available from your carrier and the competition. Insurers offer rate reductions for all kinds of things, including putting more than one car on your policy, bundling home and auto coverage, completing a safe-driving course and even being a homeowner.

Not all discounts are available in all states, however, and some discounts can’t be combined. So, be sure to research an insurer before enrolling.

We reviewed our previous reporting on the best  companies to identify the brands offering the best discounts across numerous categories.

For more on how we made our selections, check out our methodology.

Who’s this for? American Family offers auto-and-home bundling discounts of up to 40%, one of the biggest we’ve seen in the industry.

Standout benefits: American Family offers a diminishing deductible option, which reduces your deductible by a certain amount each year you remain claim-free.

Who’s this for? Most insurers offer a discount for taking out auto and homeowners policies. But Lemonade cuts renters into the deal with a discount of up to 10% for bundling auto and renters insurance.

Standout benefits: Lemonade’s auto insurance includes free roadside assistance for towing, lockouts and jumpstarts. And its AI-powered claims process can get you paid in as little as three minutes.

Who’s this for? State Farm offers teen drivers with a B or better GPA up to 25% off, the best good-student discount we’ve found.

Standout benefits: Teen drivers can also earn discounts for completing an approved safe-driving course and for enrolling in Steer Clear, a telematics program providing feedback on their driving habits.

Who’s this for? Have more than one car? Geico lowers rates by up to 25% for adding more than one vehicle to a policy, offering the best multi-vehicle discount we’ve found.

Standout benefits: Geico also offers a 15% discount if your car is three model years old or newer.

Who’s this for? Research suggests EV drivers pose a lower risk of filing a claim, in part because they drive fewer miles overall. Travelers will take up to 10% off your premiums if you drive a hybrid or EV, in addition to more than a dozen other discounts.

Standout benefits: Travelers offers some of the lowest rates in the market for families with teen drivers and high-risk motorists.

Who’s this for? Seniors can automatically receive 10% off car insurance with  simply for joining AARP. Other benefits of membership include new car replacement, lifetime repair guarantees and RecoverCare coverage to help pay for home services if you’re injured in an accident.

Standout benefits: TrueLane, The Hartford’s per-mile car insurance program, can save infrequent drivers up to 12% on their premiums.

Who’s this for? Horace Mann offers rate discounts for educators and liability coverage if you transport students in an insured vehicle. According to the brand, when you couple that with bundling and multi-car discounts, you can save more than $600 a year by switching insurers.

Standout benefits: Horace Mann’s Educator Advantage plan offers replacement car coverage and trip interruption protection. The package also waives deductibles for collision and vandalism losses that occur on or near school property or during a school-sponsored event.

While car insurance has become a big expense for many Americans, there are still ways to save. Here are a few notable ways to cut down your car insurance bill:

• Raise your credit score: In many states, insurance companies can use your credit-based insurance score to decide how much you’ll pay.
• Drive safely: Keeping a clean driving record free of accidents, tickets and other violations can help keep costs down.
• Consider a pay-per-mile insurance policy: If you aren’t driving much, getting an insurance policy that charges by the mile could help lower your price.
• Pay in full: Many companies offer discounts for paying your premiums in full rather than paying month-to-month.

At CNBC Select, our mission is to deliver high-quality service journalism and comprehensive consumer advice to our readers, enabling them to make informed financial decisions. Every car insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of insurance products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content independently of our commercial team and any outside third parties. We take pride in maintaining high journalistic standards and ethics.

CNBC Select reviewed our current rankings and reviews on car insurance, combing through dozens of roundups that were based on our research of dozens of companies’ cost, coverage, customer service, availability and online experience.

We incorporated customer satisfaction scores from J.D. Power, the National Association of Insurance Commissioners and the Better Business Bureau, as well as financial strength ratings from A.M. Best.

Information on average annual premiums is based on Bankrate analysis of Quadrant Information Services data for a 40-year-old driver with a clean driving record and good credit, driving a 2023 Toyota Camry five days a week with the following coverage:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools.

We gathered the companies that were awarded the best for discounts or affordability from roundups that focused on these particular groups, and sorted our choices by the:

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