With so many insurance companies to choose from, policyholders stand to benefit from the fierce competition between insurers over attracting and retaining new clients.

Aside from the millions of dollars companies spend on advertising each year, insurers offer a range of different discounts to appeal to prospective customers. Knowing which discounts to look for when shopping for a policy can help narrow a customer's search, and most importantly, save money.

With so many carrier options, all with their own varying structures of pricing auto premiums, it's important to shop around before choosing a carrier and compare the existing policy rate every year to ensure its the lowest possible price available.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].