Shoe Carnival

Car insurance is a necessity, but that doesn't mean you have to pay more than necessary. According to Insurify, the average costs for full auto insurance coverage is $176 a month¹, that is $2,112 per year! However, with the right strategies, you can significantly reduce your premiums while maintaining quality coverage.

1. Take Advantage of Employee, Employee, and Affinity Discounts: If you're part of a credit union, professional organization or association, alumni association, or employee group, you may qualify for special insurance discounts not available to the general public. These affinity discounts can provide substantial savings on auto, home, renters, and condo insurance. Always ask about employee or employee-specific pricing when shopping for coverage like the special Shoe Carnival discount from Travelers.

2. Bundle Your Policies: Most insurance carriers offer a discount when you bundle auto and home insurance. This multi-policy discount is one of the most effective ways to reduce your overall insurance costs while simplifying your coverage management.

3. Maintain Good Credit: According to the Federal Trade Commission, insurance companies in most states use credit-based insurance scores to help determine premiums². Maintaining good credit can significantly impact your rates, with some studies showing differences of hundreds of dollars annually between excellent and poor credit scores.

4. Choose Higher Deductibles: The Insurance Information Institute notes that increasing your deductible could reduce your collision and comprehensive coverage costs³. Just ensure you can afford the higher out-of-pocket expense if you need to file a claim.

5. Take Advantage of Safety and Driver Discounts Many insurers offer discounts for:

   • Driver Training

   • Multi-Policy or Multi-Car

   • Safe Driver

   • New Car

   • Homeownership

   • Good student

6. Review Your Coverage Regularly: Travelers recommends reviewing your auto insurance after major life events or at every renewal (typically annually)⁴. As your car ages, you might consider dropping comprehensive and collision coverage if the premiums exceed 10% of your vehicle's value.

7. Drive Less, Save More: Low-mileage discounts are available from many insurers. According to the Kelly Blue Book, the average American drives about 12,200 miles per year⁵. If you drive significantly less, you may qualify for reduced rates.

8. Shop Around and Compare: The NAIC data shows that auto insurance rates can vary significantly between companies for the same coverage⁷. However, don't just focus on price – consider the insurer's financial strength, customer service ratings, and claims handling reputation.

Maximize Your Savings: The key to maximizing your auto insurance savings is combining multiple strategies. Start with any available employee or affinity discounts like the Shoe Carnival discount from Travelers, then layer on additional savings through bundling, maintaining good credit, and qualifying for driver-based discounts.

Remember, the cheapest policy isn't always the best value. Look for insurers with strong financial ratings (like Travelers A++ Superior rating from AM Best ⁷) and excellent customer service, including 24/7 claim reporting and flexible payment options.

To take advantage of a special discount available to Shoe Carnival employees on auto, home, condo or renters insurance request a free, no-obligation quote online or call a licensed insurance representative at 1-866-653-9384. For full details, including legal disclosures click the “Get A Quote” Button below.