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Student Car Insurance

student car insuranceTeen and young drivers in their early 20s face the highest auto insurance premiums for any group of drivers. There are many reasons for this, including lack of experience and high accident statistics. Thankfully, it is possible to get cheap student car insurance by taking advantage of several discounts that most insurers offer. Here are a few of the most common ways younger drivers can save.

1. Good Student Discounts

Most young people are already in school, so you can’t get a discount just for being a student. However, you can save some serious money by getting good grades. Insurers have amassed massive amounts of accident data, and statistics shows that drivers who excel in school are also much safer drivers. Auto insurers price premiums based on risk and thus give discounts to less risky drivers, like those with excellent grades. Many companies even extend the lower rates for a period (often one year) after the student graduates, which in another huge plus.

Good Student Qualifications

* Most companies offer these discounted rates to students who maintain a B or higher GPA over the course of a school year. Hard work pays off in the classroom and also saves you money!
* You must be a full-time student.
* There is a student age limit of 25 years old.

If you are a parent paying for your child’s vehicle insurance, use this discount as a motivating factor. If your child misses this good student discount this year, help them get their grades up and qualify the following year.

2. Driver Safety Class

Another way to save on student auto insurance and learn a lot is to complete a certified driver’s education class. These classes are often taught by highway patrol officers and other highly experienced drivers who have a wealth of information to share. Not only will you learn how to drive better, but after you successfully pass the class, you can save up to 10% on your premiums.

3. Get a car that is cheap to insure

The car you are insuring is one of the main factors that will impact rates. When you are a young student driver, you are already facing rates that are on average $500 more than older drivers. The car you drive can either help you get lower rates or cause your premiums to rise significantly. Stay away from sports cars, expensive new cars and cars that are on the top of the most stolen list. Go for a used car like a Toyota Corolla that is fun to drive and cheap to insure.

4. Discounts for Resident Students

Students who will be going to college in another city or state (often more than 100 miles) can qualify for discounts for resident students. This discount applies to those students who plan on not driving while school is in session and only on limited occasions, such as Christmas and summer breaks. A student who wants to get these special rates must provide proof, such as an admission letter with the address of the college. Also, the insurer will require proof of mileage and might impose additional restrictions. Check resident student rates now by getting a free online quote.

5. Get Cheap Student Car Insurance Online

Thanks to the internet, finding the lowest rates on student car insurance is easier than ever before. Car Insurance companies have direct insurance rates online that are often much lower than the quotes offered through agents or brokers. Also, you can compare dozens of rates in just a few minutes and select the policy that is right for you, all online. Compare student automobile insurance costs online and review offers from multiple competing companies today.