Helping You Make Smart, Informed Choices
At MG Myers Insurance, located in Indianapolis, we believe that the best coverage is the one you fully understand. That’s why we take the time to explain how deductibles, discounts, and credits work—so you can make smart decisions that truly benefit you. Our goal is to help you get the right protection at the best possible rate, with no surprises down the road. We're here to guide you every step of the way.
01
All About Deductibles, Credits, Discounts and More!
Auto Insurance
Deductibles:
Choose higher collision and comprehensive deductibles to lower premiums.
Discounts:
Multi-policy (auto + home)
Multi-car discount for insuring two or more vehicles
Good driver discount (no accidents or violations)
Driver training discount (young drivers completing accredited courses)
College student discount (full-time students away at college)
Age 55+ discount
Accident prevention course discount (select states)
Credits:
Vehicle safety features (passive restraints, anti-theft devices, anti-lock brakes)
02
Home Insurance
Deductibles:
Higher deductibles lower premiums by covering smaller claims yourself.
Discounts:
Multi-policy (auto + home)
New home discount
Premises alarm discount (smoke detectors)
Credits:
Sprinkler system credit
Endorsements:
Expanded and enhancement endorsements (increase coverage limits, add extra protections like water backup, tree damage, earthquake, etc.)
03
Life Insurance
Deductibles:
Not applicable
Discounts:
Based on age, health, tobacco usage, occupation, hobbies (premium varies accordingly)
Credits:
N/A
Notes:
Term life (temporary needs) and permanent/universal life (long-term needs) available.
04
Health Insurance
Deductibles:
Varies by plan and coverage selected
Discounts:
Group plan discounts available
Credits:
Supplemental plans to cover Medicare deductibles and coinsurance
Notes:
Customized evaluation to reduce premiums and provide better coverage options
05
Business Insurance
Deductibles:
Customizable based on your business needs and risk tolerance
Discounts:
Multi-policy or bundled business policies (varies by insurer)
Credits:
Risk management programs may qualify for credits
Notes:
Programs tailored to each unique business with risk management education
06
Flood Insurance
Deductibles:
Standard deductibles apply; higher deductibles may lower premiums
Discounts:
May be available for properties with flood mitigation systems
Credits:
Possible credits for flood-resistant building features
Notes:
Coverage essential even in low-risk areas
07
Commercial Insurance
Deductibles:
Deductibles set based on coverage type and business size
Discounts:
Multi-policy discounts for bundling commercial lines
Credits:
Credits for safety programs, loss prevention, and risk management
Notes:
Tailored insurance solutions for various commercial needs
Contact us
MG Myers Insurance
Telephone: 317 579-9377
E-mail: reid@mgmyers.com
Address: 450 East 96th Street STE 500
Indianapolis, IN 46240
R&R Insurance | A Division of MG Myers
Telephone: 765-552-5055
Fax: 765-552-9802
E-mail: reid@mgmyers.com
Address: 218 South 16th street Elwood , IN 46036
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