Auto insurance discounts are available for nurses — if you know where to find them.
If you’re a nurse — or employed in a medical field as a healthcare professional — you could qualify for a car insurance discount. Nurses save an average of $19 per six-month premium simply based on their profession. Let’s explore the cheapest car insurance providers for nurses and the companies offering insurance discounts for nurses.
Employment as a registered nurse leads to moderate savings on auto insurance. Below are average auto insurance rates for nurses. Those who qualify for USAA should consider this specialty insurer, which offers an average premium of $497 over six months.
|Insurance Provider||6-Month Premium|
Those who do not qualify for USAA should consider GEICO and Nationwide, the car insurance companies offering the next-cheapest rates.
Some insurance companies offer discounts to nurses. This occurs because insurers consider nurses “low-risk” customers: less likely to drive dangerously — and to file claims — than drivers in different occupations. As such, nurses pay $19 less in car insurance premiums than drivers in the generic “other” occupation category.
Special discounts aren’t guaranteed in every state. Companies may require proof of your employment as a nurse. This verification could be as simple as a hospital identification badge or your nursing degree.
Regardless of any driver discount that your profession earns you, it's worth seeking additional ways to save. Let’s explore other ways to save on auto insurance in addition to your occupational discount.
If you have a renters, condo owners, or homeowners insurance policy, you can receive a discount if you carry car insurance with the same company. This "bundling" discount is usually referred to as a multi-policy discount. It can help you save on your auto and home policies.
If you don't have a renters insurance policy, consider getting one. They're relatively inexpensive — usually less than $200 per year — and can protect you and your assets in case of disaster.
For more information on bundling products, see our guides below:
Telematics-based insurance is an emerging trend. Insurance companies use in-car telematics devices to track the way you drive and more precisely determine your premium. Here are some companies that offer usage-based policies. Check to confirm the availability of telematics-powered insurance in your state.
Average of $130
Average of 10-25%
State Farm Drive Safe and Save
Up to 15%
Up to 40%
Liberty Mutual RightTrack
Average of 5-30%
Unlike a fine wine, your car will depreciate over time. If your vehicle is totally paid off and worth less than $4,000, you might consider adjusting your coverage to reflect that. Comprehensive and collision coverages protectyourvehicle from physical damage but are not legally required by law.
Determine the value of your vehicle by using Kelley Blue Book or NADA online. If your vehicle is valued above $4,000, maintain physical protection coverages. You can lower your premium by raising your deductible. Because your deductible and premium are inversely related, you can raise one by lowering the other.
The best way to do this is by being a safe driver. However, accidents do happen. After such an accident, you'll have to decide if going through your insurance company is worth it in the long run. If you’re able to pay for physical damage to yours or another’s vehicle yourself, do it. An insurance claim will raise your rates for at least three years after an accident.
In 2018, the average insurance claim raised rates by $303 per six months. Over a three-year period, that $303 surcharge stretches to $2,170 in additional premiums. If you’ve been in an accident and aren’t sure how to handle the insurance, consider the following:
You may need to inform your insurance company of the accident. This can also cause your rates to increase, as most providers place a large emphasis on your driving history. If your insurance company drastically increases your rates before your informing them of an accident, consider this an opportunity to switch insurance companies.
Unfortunately, a nurse discount isn't available from all insurance companies, so don't rely only on that as your only way to save. The absolute best way to make sure you’re getting the best rate on auto insurance is through comparison shopping! Fetch quotes quickly, easily and securely using The Zebra's auto insurance search engine to help find the right coverage options for your needs.