Getting affordable car insurance can be a challenge, especially if you’re a young driver or have a less than perfect driving record. That’s why it pays to work for a company that offers generous employee discounts on auto insurance. As a UPS employee, you can take advantage of special savings that can add up to hundreds of dollars per year!
In this article we’ll break down all the ways UPS helps its employees save on car insurance. Whether you’re insured through The UPS Group Auto Program or have your own policy you’ll find there are ample opportunities to lower your rates. Keep reading to find out how UPS delivers the goods when it comes to auto insurance discounts!
UPS Partners with Top Insurance Providers
The foundation of UPS’s auto insurance benefits is The UPS Group Auto Program. This program partners UPS with top national insurance providers to offer employees special group rates and policy options. Current partners include Liberty Mutual MetLife and Travelers.
By leveraging the company’s large workforce, UPS is able to negotiate discounted group rates that are passed on to employees. This gives you buying power and leverage you wouldn’t have shopping for insurance on your own.
The UPS Group Auto Program provides both collision and liability insurance. You can choose various coverage limits to customize a policy for your specific needs and budget Online quotes make it easy to compare rates from leading insurers via the program website
Score a Discount Just for Being a UPS Employee
Simply working for UPS entitles you to a break on your auto insurance premiums. Most Group Auto Program partners offer between 10-15% off just for being a UPS employee! This discount applies regardless of how long you’ve worked for the company or other factors.
For a real-world example, let’s say you got a quote for a $1,200 annual premium through the program. With a 10% UPS employee discount, your new premium would be $1,080 per year, saving you $120. That’s over $10 in savings each month just for being part of the UPS family!
The employee discount can also stack with other savings like multi-policy discounts if you insure your home through the same company. Every little bit of savings counts when it comes to expensive auto insurance premiums.
Maintaining Good Driving Habits Pays Off
In addition to the standard UPS employee discount, you may also qualify for further rate reductions by maintaining a clean driving record. Auto insurers reward safe driving habits by offering various good driver discounts.
Nearly all Group Auto Program providers have some type of discount tied to years of incident-free driving. For example, Travelers provides a discount if you’ve gone five years with no accidents, moving violations or license suspensions. MetLife has a similar discount if you have a clean record for the past three years.
The more years of safe driving under your belt, the higher your discount may be. Some insurers may also take your overall driving history into account. Avoiding serious violations like DUI or excessive speeding can help keep your rates low.
Choose a Higher Deductible to Lower Premiums
When selecting your policy limits, you can opt for a higher deductible, which will reduce your premiums. A deductible is the amount you pay out-of-pocket when you file a claim before insurance coverage kicks in.
Most people choose a relatively low deductible like $500 or $1,000. However, bumping your deductible up to $2,500 or even $5,000 can result in substantial premium savings. Just be sure you have enough savings set aside to cover the higher deductible amount in the event of an accident or claim.
Travelers, for example, lets UPSers choose deductibles up to $5,000, with premiums decreasing as the deductible increases. Evaluate your budget to find the right balance between premium and deductible costs.
Hybrid Vehicles = Hybrid Discounts
Owning a fuel-efficient hybrid or electric vehicle pays off in more ways than just saving money at the gas pump. Many leading insurers offer significant discounts for hybrid and electric cars due to reduced accident risk and repair costs.
Liberty Mutual gives UPSers a 10% discount just for insuring a hybrid vehicle through their Group Auto Program policy. Considering the standard employee discount, that’s a total of up to 25% in combined savings!
Some insurers like Travelers offer hybrid-specific discounts of 5-10% in all states. Others like MetLife have green car discounts in select states only. Be sure to ask an agent how much you can save by going hybrid.
Compare Quotes and Ask About Other Discounts
The UPS Group Auto Program makes it easy to compare insurance quotes from top providers all in one place. Make sure to get quotes from each company and compare available discounts. Also, ask the agent you speak with if there are any other ways to save.
For example, companies may offer additional discounts for:
- Insuring multiple vehicles/multi-car policies
- Anti-theft devices like car alarms
- Active safety features like collision avoidance
- Anti-lock brakes, airbags and other safety equipment
- Good student discounts for young drivers
- Completing a defensive driver course
- Being accident-free for a longer period (for example, 6 years or more)
- Electronic funds transfer/paperless billing
The more discounts you can stack, the more you’ll save! Don’t be shy about asking for every available money-saving opportunity.
Explore UPS Federal Credit Union for Potential Added Savings
In addition to the Group Auto Program, UPS employees have another great insurance option through UPS Federal Credit Union. The credit union partners with TruStage Insurance Agency to offer exclusive savings on auto and home insurance.
Like other employee perks, you get special pricing just for being a UPS employee and credit union member. TruStage also offers multi-policy and good driver discounts to help you save.
It’s a good idea to get a free quote from TruStage and compare it to quotes from the UPS program. Depending on your driving record, vehicle, location and other factors one may offer better rates than the other. Shop around for the best deal.
Maintaining Continuous UPS Employment Boosts Savings Over Time
One final tip – the longer you stay employed at UPS, the more you can benefit from employee discounts and other savings opportunities. By retaining employees, UPS helps build your auto insurance savings over time through:
- Ongoing clean driving discounts as you add years of incident-free driving history
- Loyalty discounts offered to long-term employees
- Ability to lock-in low rates that may rise over time
- Compounding savings from multiple UPS discounts
Considering rising insurance rates across the industry, maintaining employment with UPS can help stabilize costs. Loyalty pays – in discounts!
Let UPS Deliver Savings on Your Next Auto Insurance Policy
As you can see, UPS employees have access to loads of exclusive discounts and savings opportunities on auto insurance. Whether you get coverage through the UPS Group Auto Program or elsewhere, make sure to inquire about every possible discount available to you as an employee.
A little time invested upfront doing rate comparisons can pay off with hundreds of dollars in annual savings – not to mention better protection and peace of mind. UPS takes care of its people by negotiating great employee benefits like discounted insurance plans. Take advantage of these perks to keep more money in your pockets!
Enter your ZIP Code to start your auto quote
Well help you understand your coverage options, so you only pay for what you need.
7 Car Insurance Discounts You Can Get
FAQ
Do UPS employees get car insurance discounts?
How much of a discount do UPS employees get?
What is UPS employee insurance called?
Does UPS employee get discounts on rental cars?
Are UPS employees eligible for employee discounts?
Yes. View the list and links provided below: UPS Employees, retirees, their families, and friends are eligible for Employee Discounts, special pricing, and perks on products and services they use every day. You will find employee discounts on travel, insurance, car rentals, prescriptions, cell phones, tires, movies, theme parks and many more.
What benefits does ups offer?
Take a closer look at the benefits UPSers rave about At UPS, we offer an industry-leading benefits package. Our full- and part-time union employees get healthcare with $0 in premiums, a pension, tuition assistance, and paid vacations, holidays, and option days.
Can I purchase UPS shipping services at a discount?
As a benefit of your employment with UPS, you may be eligible to purchase UPS shipping services at a discount. To take advantage of this Employee Discount, you must first register via the link provided at UPSers.com, and read and agree to the following terms: 1.
How do I take advantage of the UPS employee discount?
To take advantage of this Employee Discount, you must first register via the link provided at UPSers.com, and read and agree to the following terms: 1. All current and retired permanent UPS employees with access to UPSers.com, including union employees, located in the 50 U.S. states are eligible to participate in the Employee Discount program.