AICPA Car Insurance Discount for 2024

Everything the discount covers:

The AICPA car insurance discount covers a variety of coverage options, including:

• Liability coverage: This is the minimum coverage required by law in most states and covers damages to other people and their property in an accident where you are at fault.
• Collision coverage: This covers damages to your vehicle in the event of an accident, regardless of fault.
• Comprehensive coverage: This covers damages to your vehicle from non-collision events, such as theft, vandalism, or natural disasters.
• Personal injury protection (PIP): This coverage pays for medical expenses, lost wages, and other expenses if you or your passengers are injured in an accident.
• Uninsured/underinsured motorist coverage: This covers damages and injuries caused by a driver who does not have enough insurance to cover the damages or has no insurance at all.

Who is eligible for the discount:

The AICPA car insurance discount is available to members of the American Institute of Certified Public Accountants (AICPA) and their spouses or domestic partners. This includes:

• Certified Public Accountants (CPAs): All active members of the AICPA who hold a valid CPA license.
• AICPA associate members: Individuals who are not CPAs but are employed in accounting or finance and have an AICPA associate membership.
• AICPA student affiliate members: Students who are enrolled in an accounting or finance program at an accredited college or university and have an AICPA student affiliate membership.

To be eligible for the discount, you must also be a licensed driver and have a valid driver’s license. Some insurance providers may also require that you have a good driving record with no recent accidents or traffic violations.

Types of Other Discounts Available to Customers and How to Qualify

In addition to the AICPA car insurance discount, many insurance providers offer a variety of other discounts to help lower the cost of car insurance. Some of these discounts may include:

• Safe driver discount: This discount is available to drivers who have a good driving record with no accidents or traffic violations for a certain period. The length of time required to qualify for the discount may vary depending on the insurance provider.
• Multi-policy discount: This discount is available to customers who have more than one insurance policy with the same provider, such as car insurance and homeowners insurance. Bundling policies together can help you save money on both policies.
• Multi-car discount: This discount is available to customers who insure more than one car with the same insurance provider. The more cars you insure, the more you can save on your car insurance premiums.
• Good student discount: This discount is available to student drivers who maintain a certain grade point average (GPA) or are on the honor roll. The specific GPA requirement and eligibility criteria may vary depending on the insurance provider.
• Low mileage discount: This discount is available to drivers who don’t drive their cars often, such as those who work from home or use public transportation. The amount of the discount may vary depending on how many miles you drive each year.

To qualify for these discounts, you may need to provide proof of your eligibility, such as a copy of your report card for the good student discount or documentation showing your low mileage for the low mileage discount. Be sure to check with your insurance provider to determine what discounts are available and how you can qualify for them.