How to Get a CPA Auto Insurance Discount (2024)
CPAs, or accountants, pay around $73/mo for coverage with a CPA auto insurance discount. Below, we'll help you get more savings by comparing quotes from the best car insurance companies for CPAs and seeing if you qualify for CPA insurance discounts, such as a professional organization discount.
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
UPDATED: Jan 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- CPAs typically receive lower auto insurance rates
- Many insurers provide occupational auto insurance discounts
- CPAs may find auto insurance rates as low as $73 a month
Many insurers offer CPA auto insurance discounts as occupational or membership discounts. In addition, CPAs tend to earn lower auto insurance rates than other occupations.
Read more: How To Get a Membership Auto Insurance Discount
Keep reading for tips on how to find the best auto insurance for accountants and which companies offer CPA auto insurance discounts.
Exploring CPA Auto Insurance Discounts
Does a job affect auto insurance rates? Yes, drivers with certain occupations, such as a CPA, typically earn lower insurance rates since they are disciplined and tend to take fewer risks.
Look at this table to see the top five cheapest occupations to insur
Cheapest Professions for Auto Insurance
| Rank | Profession | Monthly Rates |
|---|---|---|
| 1st | Accountant | $73 |
| 2nd | Judge | $77 |
| 3rd | Social worker | $77 |
| 4th | Paramedic | $78 |
| 5th | Government Worker | $78 |
While many insurers offer low CPA auto insurance rates, many also offer auto insurance discounts for specific occupations, including accounting. However, drivers must qualify for a CPA insurance discount.
Qualifications for a CPA Auto Insurance Discount
To receive a CPA auto insurance discount, you must qualify. CPAs have a bachelor’s degree and have at least two years of experience working with a licensed CPA. In addition, you must pass a state CPA exam and an ethics test.
While some auto insurance companies offer lower rates for CPAs, others offer professional organization discounts where a CPA may be a member, such as the National Society of Accountants.
In addition, your insurer may extend the CPA car insurance discount to accountants, financial advisors, and other accounting professionals.
Companies With the Best CPA Auto Insurance Discount
The best auto insurance companies for CPAs vary by driver and typically offer lower rates or CPA insurance discounts for drivers in the accounting profession. The best CPA insurer may also offer affinity group discounts or other organization discounts.
Remember that other factors affect auto insurance rates, such as age, driving record, and the vehicle. Each company calculates auto insurance rates differently and offers different discounts by profession. Compare quotes from numerous companies to find the most affordable CPA auto insurance.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Tips on Finding the Best CPA Auto Insurance Discount
To find the best auto insurance discounts for accountants, shop around and compare quotes from multiple companies. Each insurer calculates rates differently and provides different CPA car insurance discounts. Compare CPA insurance rates and discounts to find your best deal.
Auto Insurance Discounts CPAs Should Ask For
In addition to a CPA auto insurance discount, most insurance companies offer other savings opportunities. This table shows other savings that may be offered to CPAs.
Top Auto Insurance Discounts
| Discount Type | Description | Companies |
|---|---|---|
| Multi-policy discount | Discount for having multiple insurance policies with the same company | Geico, Nationwide, Liberty Mutual, Travelers |
| Safe driver discount | Discount for having a clean driving record and no accidents or tickets | Geico, Nationwide, Liberty Mutual, Travelers |
| Low mileage discount | Discount for driving fewer miles per year than the average driver | Geico, Nationwide, Liberty Mutual, Travelers |
| Anti-theft device discount | Discount for having anti-theft devices installed in your car | Geico, Nationwide, Liberty Mutual, Travelers |
| Good student discount | Discount for students with good grades | Geico, Nationwide, Liberty Mutual, Travelers |
| Affinity group discount | Discount for being a member of a professional or alumni association | Geico, Nationwide, Liberty Mutual, Travelers |
| Occupational discount | Discount for being employed in a certain occupation. | None specifically, but some insurers may offer discounts to members of professional organizations |
| Defensive driving course discount | Discount for completing a defensive driving course | Geico, Nationwide, Liberty Mutual, Travelers |
| Pay-in-full discount | Discount for paying your premium in full upfront | Geico, Nationwide, Liberty Mutual, Travelers |
Auto insurance discounts offer significant savings for CPAs. Even if an insurer doesn’t provide a specific CPA insurance discount, other available discounts may make the cheaper company for you. For example, auto insurance discounts to ask for include:
- Good driver auto insurance discount
- Federal employee auto insurance discount
- Low mileage auto insurance discount
- Defensive driving auto insurance discount
- New car auto insurance discount
- Longevity auto insurance discount
Bundling these auto insurance discounts for accountants will substantially lower your CPA insurance rates.
Other Ways CPAs Can Save on Auto Insurance
When considering how to lower your auto insurance, there are several steps you can take to decrease rates. Ways to lower CPA insurance rates include:
- Raise your auto insurance deductible.
- Lower CPA insurance coverage.
- Consider usage-based auto insurance.
- Improve your driving record.
- Increase your credit score.
Additionally, shop around for coverage to find the most affordable CPA auto insurance rates.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
How to Find the Best CPA Auto Insurance Discounts
While no insurer offers a specific CPA auto insurance discount, many provide occupational and membership discounts that may apply to CPAs. Drivers in accounting professions also tend to receive lower insurance rates.
Being a federal government employee has its perks 😇. But will it give you access to great car insurance rates 🚘💰? https://t.co/27f1xf1ARb can help you find out. Check out ways federal employees can save on auto insurance here 👉: https://t.co/Y5cMB2WirD pic.twitter.com/80CuZO69Yd
— AutoInsurance.org (@AutoInsurance) June 13, 2023
CPAs can lower auto insurance rates by taking advantage of discounts, raising deductibles, lowering coverage, and shopping around for multiple auto insurance quotes available.
Frequently Asked Questions
What companies offer the best CPA auto insurance discount?
The best auto insurance companies for CPAs vary by the driver since many factors are used to calculate rates, such as age and driving record. Shop for cheap CPA auto insurance, and compare rates and discounts to determine which company is best.
How much do you save with a CPA auto insurance discount?
CPA auto insurance discount amounts vary by company and may also depend on your factors. For example, safe drivers over 25 with a less expensive car may find the most significant savings.
Is there a Geico CPA auto insurance discount?
CPAs may take advantage of Geico auto insurance discounts for membership in the Institute of Internal Auditors or the National Society of Accountants.
Additionally, Geico discounts for CPAs offer savings to alums of specific universities and colleges and members of fraternities and sororities.
How can CPAs save with a usage-based auto insurance discount?
A usage-based auto insurance discount may be available for drivers who spend little time behind the wheel.
Drivers with pay-per-mile insurance can still get traditional coverage, including liability auto insurance, comprehensive, and collision, but pay a monthly fee and a small fee for each mile driven. This type of insurance is typically cheaper for low-mileage drivers.
How much can you save with an AICPA membership discount?
According to AICPA auto insurance, undewritten by Liberty Mutual auto insurance, drivers can save $652 on coverage with AICPA insurance. Liberty Mutual provides coverage and includes add-ons like roadside assistance, accident forgiveness, and new car replacement. However, adding coverage does increase your rates.
What are three things you can do to reduce your CPA auto insurance premiums?
The best ways to lower auto insurance rates are to keep a clean driving record, ask for discounts, and regularly compare quotes to ensure you have the lowest CPA car insurance rates available.
Is a CPA any different from an accountant?
A CPA must meet certain qualifications, such as a bachelor’s degree, two years of accounting experience, and passing a CPA exam. A CPA offers oversight and direction to an account but doesn’t perform day-to-day tasks.
On the other hand, an accountant may or may not have a college degree and typically handles business tasks such as invoicing, bill paying, and payroll.
Does your occupation affect your auto insurance rates?
Most auto insurance companies charge lower rates for certain professions, such as CPAs. CPA auto insurance is less expensive since these drivers are more detail-oriented and take fewer risks.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.