Attention Students: You Can Get Cheaper Car Insurance!
For many students, managing the cost of education can be a challenging undertaking. Student loans can help take up some of the slack for college students, but many college and older high school students still require a little help in managing their budget and finding affordable car insurance to keep them financially protected on the road. Along with a number of available discounts, students can make economical choices that can significantly reduce their overall costs for car insurance. CheaperCarInsurance.com is here to help with free rate quotes and valuable information to help students get the best possible rates and discounts on their auto insurance coverage.
Driver’s education and defensive driving classes
Students who complete a driver’s education or defensive driving course through a recognized driving school or educational facility can often lead to significant discounts on the cost of auto insurance. These courses offer instruction in both basic driving techniques and advanced methods for avoiding accidents and preventing the situations in which they most often occur. Depending on the venue, the cost of the course may be minimal. The discounts, however, can be significant and help to defray the added cost insurers charge for younger, less experienced drivers.
Good student discounts
High school and university students can also enjoy added savings when they maintain a high grade point average in their coursework. Most insurers require that students achieve a B average and maintain full-time student status in order to qualify for these discounts. The resulting savings can be applied to an individual student car insurance policy or used to reduce the overall cost for insuring students who are still covered under their parents’ policy. This discount can help make student car insurance more affordable no matter who pays for the policy.
Good driver discount
College students who have been driving for some time without an accident may qualify for a good driver discount from their insurance company. While each insurer has their own set of requirements, in most cases drivers who have not been involved in an accident during the previous three years are eligible for this discount. Accident forgiveness for good drivers is another way to save; this added feature ensures that premiums will not increase after just one accident in an otherwise spotless driving record. Not all insurance companies offer accident forgiveness, so it’s important to check before signing on the dotted line.
Economy and safety feature discounts
Students who opt for a fuel-efficient vehicle in preference to a sports car can save on their car insurance. Added safety features including anti-lock brake systems and air bags can increase that savings considerably, making an already practical choice even better. With the wide range of green-friendly hybrid and fuel-efficient choices on the market, students who opt for an environmentally sound choice will be rewarded both with lower costs at the gas pump and less expensive premiums for their car insurance.
Discounts for anti-theft devices
Modern anti-theft systems are no longer limited to the ubiquitous and annoying car alarm. Instead, buyers can choose to purchase vehicles with engine immobilizers, OnStar systems and fuel cut-off switches to reduce the likelihood that their vehicles could be stolen. This can be especially important for college students who must park their cars in an easily accessible outdoor parking lot. By taking measures to protect their vehicles, students can often reduce the risk of theft while saving money on their auto insurance thanks to these advanced features.
Drive less, save more
College students away at school or high school students who only drive occasionally can often save significantly on their auto insurance over those who drive to and from school every day. Lower annual mileage on the vehicle can translate directly to reduced costs for insurance premiums since less time on the road means less time at risk of an accident. By opting to walk or bike to nearby destinations, students can combine healthy exercise, environmental responsibility and financial savings all at once, making this one of the most beneficial ways to reduce the cost of auto insurance for students.
Combine coverage for lower rates
By obtaining renter’s insurance coverage and auto coverage from the same company, students who live off campus can often reduce the overall cost of maintaining insurance on both their belongings and their car. This discount can add up to big savings over the course of the year and can help college students to make ends meet while they complete their education.
Older cars can be insured for less
Purchasing an older vehicle for cash rather than financing a newer car can often allow students to maintain liability-only insurance, reducing the cost of insurance premiums and freeing up a significant amount of pocket change each month. Auto finance companies typically require collision and comprehensive coverage as part of the terms of the lending agreement, so this option is generally only available for vehicles that were purchased outright or have already been paid off completely.
Comparison shop for the best deals
CheaperCarInsurance.com offers free quotes from leading insurance companies to help students find the best possible deals on their auto insurance. By comparing prices and coverage, students in high school and college can find the best policy for their specific financial situation and insurance needs.
Our site is a valuable resource for students and their families and provides up-to-date, comprehensive information on rates and coverage from a wide range of leading auto insurance companies. A free rate quote from CheaperCarInsurance.com is a great place to start looking for student car insurance at rates even college students can afford.
