answersLogoWhite

0


Best Answer

Your schooling status has nothing to do with calculated rates.

Rates are determined by where you live, your age, how long you have been licensed, and your driving history (tickets, accidents, lic suspensions/revocations, etc.) which is reported nationwide via the National Consumer Inquiry Council or NCIC.

Unfortunately though, many auto insurance companies have a very negative attitude about anyone less than 26 behind the wheel and more than triple the average rates just to discourage this group from driving.

If you happen to be in this group which in college you probably are depending on what state you live in and how long you've been driving, you can only be insured through SR-22 (extreme high risk) carriers with insurance that must be accompanied by the official SR-22 clearance certificate. If you need insurance, you might want to try a specialized carrier like progressive or AIG.

www.progressive.com www.aig.com

Anyway, your schooling status has nothing to do with the calculation of insurance premium costs. For example, if you're in college, are a 40 year old female with no prior citations you won't pay very much in most states. E-mail me if you have any other questions.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How are rates determined for college students?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the graduation rates and values of students that go to Minnesota Colleges?

Minnesota College Graduation Rates are on the rise, with sixty-one percent of College Students Graduating based on information provided directly from the school system itself in 2008.


Which effect of low inflation might make it difficult for students to go to college?

Low inflation can have severe effects on interest rates and student loans. If the interest rates get too high it can become difficult for students to go to college.


Where can you find free car insurance rates for college students?

Any car insurance agent can give you the rates of their company.Ask other students about their rates because each company may differ greatly in the rates you are seeking.Your driving record will make a difference also, so drive safely.


What resources are out there for college students to learn about loans rates and what to expect when it comes time for pay back?

There are many companies out there that allow students to go to college who don't have a lot of money. However they do have to pay it back. Some colleges offer services to students to help them find loans for college.


How are the rates of auto insurance determined?

Car insurance rates are influenced by a number of different factors. Your age, gender, driving record, accident history, make and model of the vehicle, and in some cases your grades (for students) will influence the rates you receive.


What percentage of college students drop out after the first year because of alcohol?

Approximately 14-23% of college students drop out after the first year due to alcohol-related issues. This can include academic difficulties, health problems, or behavioral issues stemming from excessive drinking. It's important for universities to provide education and support services to help prevent this.


What are some options that a college student can utilize in order to receive insurance?

College students can find insurance offers from a good amount of sources. Many colleges offer insurance for students at competitive rates. Others include UHSCR and NSSI.


Can bca students are eligible for msc in bioinformatics?

Whether BCA students are eligible for and MSC in bioinformatics will be determined by the individual college. The best source for this information is one's own academic advisor.


College Loan Interest Rates?

College loan interest rates vary and are based on numerous factors, including whether or not the loan the student is applying for is a private or federal student loan. Students who apply for private loans are typically subject variable interest rates. Whereas, students who apply for federal student loans are subject to fixed student loan interest rates.College Loan Interest Rates For Private Loans vs. Federal LoansMost private student loans feature variable interest rates versus fixed interest rates. However, students can apply for a fixed private student loan. Since variable interest rates on private loans fluctuate from year-to-year students can expect their payments to fluctuate as well. Students who apply for private student loans with variable interest rates can expect their payments to fluctuate as interest rates fluctuate.Students Can Lower Their College Loan Interest Rates With Consolidation LoansStudents who apply for and secure federal student loans have the comfort of knowing that the interest rates for their student loans will be fixed. Having a fixed interest rate can be beneficial. However, that does not mean that students can never attempt to lower their college loan interest rates. In fact, students who have two or more federal student loans can apply for a federal student consolidation loan to lower their interest rate on their federal student loans.New Federal College Loan Interest Rates Are Announced Each Year on July 1Students who are interested in consolidating their loans can take advantage of new interest rates that are announced on July 1. Students who are in high interest rate loans can apply for a consolidation loan in any year when lower rates are announced. New interest rates are announced each year on July 1 apply only to federal loans and not private student loans. Students interested in this option must consolidate and lock in a lower interest rates before a new interest rate is announced the following year.For students who are applying for student loans or are in repayment, having a full understanding of college loan interest rates can help you decide whether to consolidate or apply for a fixed or variable interest private loan.


What is meant by out-of-state tuition rates?

== == Out of state tuition is required by those students who do not reside in the same state as the college or university they are attending. What this means is higher tuition rates for these out of state residents. How much higher is dependent on the college or university policy covering this area.


Is the price at which bonds sell determined by the interaction of stated rates of interest and market rates of interest?

Yes, the price at which bonds sell are determined by the interaction of stated rates of interest and market rates of interest.


What is the college suicide rates 2012?

The current suicide rate of 18-24 year old college students is around 1,100, up for about 622 in 2009. It appears to be on the rise too.