Available Insurance Discounts and Payment Methods
Looking to save money on insurance premiums? Not only will American Family Insurance offer you a discount simply for being a Costco Wholesale member, but the company works to give policyholders as many ways to save as possible. Keep in mind that not all discounts are available in every state, so make sure to contact customer service to learn about all of your options. Some discounts that you might be eligible for include:
Costco Executive Members receive an additional discount on their policies
Increased savings based on the age of your home—the newer the home, the lower the rate
Those who remain claim-free for five years may be able to enjoy savings on their home insurance policy
Lower rates for certain safety features like smoke alarms, deadbolt locks, security systems, and more
Tenure savings on your policy anniversary for both homeowners and renters
Home renovations may qualify you for a lower rate
Education Discount for having a child in college
Bundling Costco Home & Auto Insurance
Most people enjoy big discounts through multi-policy bundling. Simply combine your home insurance coverage with Costco auto insurance for significant savings. Auto insurance policies also come with additional discounts like the good student discount and, if you live in California, the good driver discount. You’ll also get a discount for safety devices like airbags and for completing an approved defensive driving class.
With Costco auto insurance, you can also add optional GAP insurance. Gap insurance is new car replacement Insurance for the first year of ownership. After one year, it will pay the difference between the value of your vehicle and the amount of your original loan, up to 120% of your vehicle’s value.
As a final note, you can bundle your policy with any other policy offered by Costco.
Payment Methods
Paying for your American Family Insurance home insurance is easy as customers can select a pay-in-full option or can make monthly installments. Either can be fulfilled online using a credit card or debit card, or you can pay via personal check or money order. Send your payment to:
American Family Insurance
6000 American Parkway
Madison, WI 53783
For the ultimate convenience, contact customer service to find out if auto-pay options are available in your state.