HOW CAN I SAVE MONEY WHEN PURCHASING AUTOMOBILE INSURANCE? You should ask your insurance company if you are eligible for any discounts that will save you money. Some companies offer discounts for multiple vehicles (insuring more than one vehicle on the same policy); vehicle safety features (such as anti-lock brakes, air bags, passive restraint systems and anti-theft devices); good students (those who obtain a 3.0 or B grade point average); and defensive driving courses (approved by the Motor Vehicle Commission).