How Much Is A Good Student Discount For Car Insurance Key Takeaways Good student discounts reward high school and college age drivers who earn good grades with lower premiums on their car insurance Individual insurance companies that
For example GEICO gives a discount of up to 15 percent on certain auto insurance coverages for full time students age 16 to 24 who have a grade average of B or better Table of contents 1 How to get a good student discount 2 Good student discounts by company 3 How much can I save with a good student discount The average annual car insurance rate for drivers under 25 is 4 820 which is 3 168 more than the average rate for 30 to 45 year old drivers
How Much Is A Good Student Discount For Car Insurance
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How Much Is A Good Student Discount For Car Insurance
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Lorraine Roberte Published on February 14 2022 Fact checked by Rebecca McClay In This Article Why Are Students More Expensive to Insure Good Student Car Insurance Discounts How Much Is a Good Student Discount Other Student Discounts for Car Insurance How Students Can Save on Car Insurance Key takeaways Car insurance rates are higher for young and inexperienced drivers because insurance companies consider them to be high risk drivers That said most insurance companies offer discounts for students who get good grades or complete driver s education courses
Insurance providers offer different rates but on average you can reasonably expect to save between 4 10 on your insurance costs Coupled with other types of discounts such as a safe driver discount you stand to save 25 30 off the price of your auto insurance policy Are Students Eligible for Any Other Discounts Good student discount 10 of score Companies got points for having a good student discount of at least 5 based on data from Quadrant Information Services With high rates for young drivers
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Although this rate hike varies from state to state most car insurance companies offer discounts for students with good grades GPAs of 3 0 or above Coupled with a good driver discount a good student discount can lead to savings of 186 per year on car insurance Car insurance typically costs more for young drivers Fortunately most major companies offer car insurance student discounts like good student and distant student discounts for high school and college students You may need to present evidence of your grades to qualify
The average cost of adding an 18 year old college student to a two adult car insurance policy is 2 333 Adding a college student to a household auto insurance policy will likely be cheaper than Updated Apr 11 2024 Written by Daniel Robinson Writer Edited by Rashawn Mitchner Senior Editor Key Takeaways Student drivers typically pay some of the highest rates for auto insurance
Save On Your Teen s Car Insurance With A Good Student Discount
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Key Takeaways Good student discounts reward high school and college age drivers who earn good grades with lower premiums on their car insurance Individual insurance companies that
https://www.caranddriver.com/.../good-student-discount
For example GEICO gives a discount of up to 15 percent on certain auto insurance coverages for full time students age 16 to 24 who have a grade average of B or better
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How Much Is A Good Student Discount For Car Insurance - Updated Feb 12 2024 Geico has the cheapest car insurance for college students averaging 388 per month College students can save hundreds of dollars on car insurance by comparing rates Find Cheap Auto Insurance Quotes in Your Area Currently insured Find Insurers It s free simple and secure Cheapest car insurance for college
