For comparison, most insurance companies offer a premium discount of between 5 and 20% for having an alarm system. While these numbers don't necessarily represent Liberty Mutual, they're a good starting point. But whether a user ends up on the high end or the low end of the spectrum depends on a lot of different considerations. Opting for a higher deductible on any of your Liberty Mutual insurance policies can lower your premium.
As with most home insurance providers, Liberty Mutual rates are determined by the location and age of the home, as well as by environmental weather conditions and general wear and tear. Liberty Mutual takes a variety of factors into account when calculating your premium, although some, such as your age and location, are beyond your control. Liberty Mutual insurance is even more expensive for drivers with certain characteristics, including young drivers and drivers who have recently caused an accident. Liberty Mutual doesn't have a single “safe driver” discount, but it rewards safe driving with a number of benefits.
Due to the changing nature of home insurance, Liberty Mutual does not disclose its policy rates on the website; however, the company does offer home insurance quotes through its online quote tool. You can reduce the costs of your Liberty Mutual car insurance by taking advantage of Liberty Mutual discounts, opting for a higher deductible and reducing your coverage, among other things. Keep in mind that the availability and eligibility criteria for each discount vary by state and, in most cases, Liberty Mutual does not disclose the amounts of the discounts. In addition, Liberty Mutual rewards customer loyalty with discounts for insuring more than one car and combining several policies, such as home and car.
Drivers with low mileage often save on their Liberty Mutual premium because less time on the road means a lower chance of filing a claim. Finally, if you're still struggling to pay for your Liberty Mutual policy, you should consider switching to another insurer. However, Liberty Mutual premiums do take miles into account, since rates are an average of 26% lower for customers who drive 7,500 miles a year than for customers who drive 15,000 miles a year, according to data from WalletHub. Whether you can shorten your commute to work, use more public transportation, or even ride more bikes, driving fewer miles each year could lower your Liberty Mutual premium.
Liberty Mutual is very expensive because of agent fees and the overall increase in costs for insurance companies. Liberty Mutual doesn't offer a specific marriage discount, which is typical among major insurance companies. The discount is automatically applied to qualifying Liberty Mutual policies, but it's not cumulative, meaning you won't get a bigger discount for insuring more vehicles.