9 Insurance Discounts You Might Be Missing

May 1, 2024 2 min read

As a Farm Bureau Financial Services client/member, you may be able to save money on insurance with one of many discounts we offer. Whether you’re insuring your young driver, bundling your homeowners and auto insurance policy or insuring a good student, we have options for discounted insurance!

1. Driveology® 

Are you a safe driver who wants to save money on car insurance? Then Driveology® might be the program for you. This usage-based insurance program monitors your safe driving habits, such as avoiding harsh braking and phone use. Your care can help you save money on car insurance – you save 10% just by signing up with the opportunity for more savings!

2. Young Driver Safety Program 

Learning to be a good driver is hard work, and it takes practice. Our Safe Young Driver discount, designed for drivers under 25, gives inexperienced drivers the chance to build skill and confidence behind the wheel. And this car insurance discount will save your family money, too.

3. Bundling 

You could receive an insurance discount when you bundle your car insurance with your home insurance at Farm Bureau Financial Services. Plus, you’ll have the convenience of one policy, one premium and one deductible for all your covered possessions. That’s what we call the one deductible advantage.

4. Good Student Discount 

Your hard-working student can help you save! When your student driver maintains a “B” average or higher in school or is ranked in the top 20% of the class, they may qualify for a discount on their auto insurance.

5. Multiple Vehicle Discount

Do you have more than one car in your household? You can save money by bundling them on your Farm Bureau Members Choice policy. On top of the convenience of keeping everything in one place, having multiple vehicles on your policy will lower the rate on each car.

6. New Roof Discount

Though it’s one of the more expensive updates you can make to your home, replacing your roof will refresh the look of the house and provide decades of protection from the elements. Plus, depending on the type of roofing you use, it can save money on your homeowners insurance. For example, if you’re getting a roof replaced, you could consider using hail resistive shingles which will help you save on insurance. It’s a good idea to talk to your agent about the new roof discount before you decide on what kind of roof to install. 

7. Protective Device Discount

It’s never been easier to protect your home with a security system, whether you’re installing cameras and alarms yourself or hiring a home security company. With the ability to check the camera feed on your smartphone, a home security system can bring you peace of mind wherever you are while serving as a deterrent for thieves. Even better, it can save you money on your insurance premiums!

8. Paid in Full Discount

Did you know that you could save money based on how you pay your premiums? If you pay your annual policy premium in one payment for your property, vehicles or both instead of paying periodically, such as monthly, you can lower your overall cost. 

9. Financial Services Discount

You can receive an insurance discount when adding life insurance and annuities to your existing policies. For example, you can protect your loved ones at the same time as protecting your property and vehicles – and save money doing so!

It’s Time for Your SuperCheck® 

We know life changes fast. When you meet with your Farm Bureau agent for a SuperCheck®, they will go over your current coverage. During the conversation, your agent will paint a picture of the role insurance can play in your world and help you identify potential gaps and available discounts along the way. Find an agent and schedule a SuperCheck® today! 

Want to learn more?

Contact a local FBFS agent or advisor for answers personalized to you.