Auto insurance is an absolute necessity for every driver, but nobody wants to pay more for their insurance than they must. 

Luckily, insurance companies offer a range of discounts that can help policyholders save some money. Here are some of the most common:

1. The Good Driver Discount

Do you obey the speed limit and always look both ways when turning? If you've got a clean driving record with no accidents and no traffic violations, you may be eligible for your insurer's "good driver" discount. These are usually reserved for people with squeaky-clean driving history, so if you've never even tried to rush a yellow light before it turned red, you may qualify.

2. A Multi-Policy Discount

Just about every insurance company out there likes to remind consumers that "when you bundle, you save." By "bundling" (buying all your policies from one insurer) your life insurance, home or renter's insurance, and the insurance you carry on any other vehicles or boats, you can simplify your insurance and get a substantial discount off your total monthly bill.

3. A Low-Mileage Discount

Have you moved to a work-from-home position over the last year or so? Did you retire? If you're not traveling very far or driving very often these days, you may qualify for a low-mileage discount. Essentially, the less time you spend behind the wheel of your car and the fewer miles you travel, the less likely the insurance company figures you'll be in a wreck, so they may reduce your premiums accordingly.

4. The Good Student Discount

Are you still in high school or college? If your grades are good, you deserve a reward — and the insurance company may give you one in the form of reduced insurance premiums. The logic here is that your academic success shows that you're a responsible person, and that makes the insurance company believe you're also a responsible driver.

5. A Safety Feature Discount

You can add a lot of safety features to your vehicle that insurance companies love, and they're willing to use discounts to encourage you to get anti-lock brakes, side airbags, rearview cameras, daytime running lights, and theft-deterrent systems. All of these features lower the odds that an insurance company will have to pay a claim.

Auto insurance agents routinely help their clients explore the available discounts and figure out which ones they're qualified to use, but it still never hurts to make some inquiries. You may be able to take advantage of significant savings while still getting the auto insurance you need.

Contact an auto insurance agent to learn more.