5 Car Features You Didn’t Know Could Lower Your Insurance Rate

When shopping for car insurance, you’re probably focused on finding the best deal and coverage for your needs. But did you know that your car’s features can actually help lower your insurance rate? That’s right, beyond your driving record and the type of car you own, certain built-in features can make a big difference in how much you pay for coverage. Some of these might even surprise you. Let’s dive into five car features that could help you save money on your insurance premium.

1. Anti-Theft Devices

It’s no secret that insurance companies love cars that are harder to steal. Anti-theft devices like alarms, steering wheel locks, or even GPS trackers can significantly reduce the risk of theft, which in turn lowers the likelihood of an insurance claim.

Many newer vehicles come with built-in anti-theft systems, but if yours doesn’t, you might consider installing one. Some insurers offer discounts just for having a basic alarm system, while more advanced options like immobilizers or vehicle recovery systems (think LoJack or OnStar) could save you even more.

→ Pro Tip: Check with your insurance provider to see which anti-theft devices qualify for a discount. Sometimes, even a small investment in security can lead to long-term savings.

2. Automatic Emergency Braking (AEB)

Automatic Emergency Braking is one of those modern safety features that can make a big difference in preventing accidents. AEB systems use sensors to detect potential collisions and can apply the brakes if the driver doesn’t react in time.

Because this technology reduces the likelihood of rear-end collisions and other accidents, insurers often reward drivers with cars equipped with AEB. Fewer accidents mean fewer claims, which is music to an insurance company’s ears. If you’re in the market for a new car, keep an eye out for models that include AEB as a standard feature, it could save you money on both repairs and insurance premiums.

3. Electronic Stability Control (ESC)

Electronic Stability Control is a game-changer when it comes to preventing skids and rollovers. This feature helps drivers maintain control of their vehicle during sharp turns or slippery conditions by automatically applying brakes to individual wheels.

Since ESC significantly reduces the risk of accidents, many insurers offer discounts for vehicles equipped with this feature. In fact, it’s been so effective that it became mandatory for all new cars sold in the U.S. starting in 2012. If your car is older than that, it might be worth upgrading to a newer model with ESC, not only for peace of mind but also for potential insurance savings.

4. Adaptive Headlights

Driving at night or in poor weather conditions can be challenging, but adaptive headlights are here to help. These smart lights adjust their direction and brightness based on factors like steering angle, speed, and road conditions to improve visibility and reduce glare for other drivers.

Because adaptive headlights enhance safety by reducing the chances of nighttime accidents, some insurance companies offer discounts for cars equipped with this feature. It’s a win-win, better visibility for you and lower risk for your insurer.

5. Telematics Systems

Telematics systems, also known as usage-based insurance (UBI) programs, are becoming increasingly popular. These systems use devices or apps to monitor your driving habits, including speed, braking, and mileage. Insurers then use this data to calculate your premium based on how safely you drive.

While telematics isn’t exactly a physical car feature, many modern vehicles come with built-in systems that make it easy to participate in these programs. If you’re a cautious driver who rarely speeds or brakes hard, telematics could lead to substantial savings on your insurance rate.

→ Heads Up: Before enrolling in a telematics program, make sure you’re comfortable with sharing your driving data with your insurer. Transparency is key.

Conclusion

When it comes to saving money on car insurance, knowledge is power. Understanding how your car’s features impact your premium can help you make smarter choices, whether you’re buying a new vehicle or considering upgrades to your current one.

From anti-theft devices to advanced safety systems like AEB and ESC, these features not only keep you safer on the road but also put some extra cash back in your pocket through lower insurance rates. So next time you’re shopping for a car, don’t just look at the color or horsepower, pay attention to the features that could save you money in the long run.