Costco Members Can Save on Car Insurance
Costco members have more than bulk deals to celebrate—they can also enjoy substantial savings on car insurance through CONNECT, powered by American Family Insurance. This exclusive partnership allows members to access lower premiums, additional perks, and the potential to bundle auto and home insurance for further discounts.
According to Insurance Information Institute (III), the average annual car insurance premium in the U.S. is about $1,190. Costco’s competitive offerings can help members save a significant portion of that. For example, members can benefit from accident forgiveness, roadside assistance, and flexible payment options, ensuring quality coverage without breaking the bank.
Real Savings: A Member’s Story
Consider the case of John, a long-time Costco member who was paying over $1,400 annually for car insurance. After exploring Costco’s insurance services, John managed to reduce his premium by nearly 50%, saving over $595.5 per year while maintaining the same level of coverage. Not only did he get a better rate, but he also bundled his auto and home insurance, leading to even greater discounts.
The Benefits Beyond Discounts
Costco’s Auto Insurance Services offer more than just competitive rates. Members can enjoy a suite of benefits that can enhance their driving experience:
Accident Forgiveness: After a certain number of years without any claims, members can qualify for accident forgiveness, ensuring their rates won't increase after a first-time accident.
Roadside Assistance: Costco members benefit from 24/7 roadside assistance, providing peace of mind during unexpected car troubles.
Flexible Payment Options: The insurance plan includes the flexibility to pay premiums on schedules that work best for the member, including monthly or annual plans.
Bundling: A Key to Extra Savings
One of the biggest advantages for Costco members is the ability to bundle car and home insurance policies. According to ValuePenguin, bundling insurance policies can lead to average savings of 10-25%, depending on the provider and location. Costco members who bundle their home and auto insurance through CONNECT can access similar, if not higher, savings, making it an even more attractive option for families.
How to Get Started
For Costco members interested in lowering their car insurance costs, the process is straightforward. Members can visit the Costco Auto Insurance Services page to request a personalized quote. The service is designed to provide an easy, hassle-free experience for comparing rates and customizing coverage options that meet individual needs.
Conclusion: Savings and Security
Costco’s auto insurance offering isn’t just about saving money—it’s about ensuring members receive top-tier service and coverage. With competitive rates, flexible payment options, and the potential for accident forgiveness, Costco members can enjoy peace of mind while keeping their premiums low. If you’re a Costco member looking for ways to cut costs without sacrificing quality, Costco Auto Insurance Services could be the perfect fit for you.