How To Get A Good Deal On Auto Insurance For College Students?

Answer 1

College is certainly expensive, and it is important for many families to cut costs where they can. One way that they can save money is by finding a cheap auto insurance policy for their college student. Here are some ways you can save good deals on car insurance policies for college aged drivers.

Stay On The Family Plan

If a student is already insured under their parents' plan, they should see if they can remain insured under the family's plan while attending college in another town. This is often the cheapest way college aged individuals can obtain car insurance. Usually, students can stay on their parents' plan until they graduate from college. Of course, this varies from policy to policy, so you should check with your insurance agent to make sure that your student is covered.

Compare Rates

The only way to know for certain that you have found the cheapest car insurance rates is to compare policy prices from several insurance companies. You can fill out forms online, and get quotes almost instantly. Compare the rates from a few different auto insurance companies, and you will find out which company offers the cheapest car insurance for college students.

Keep Those Grades Up

Students with high grade point averages can often get good student discounts from their insurance company. This gives college students another incentive to study. By keeping their grades up, they will save money on their car insurance policy. These savings can often be significant.

Drive A Modest Vehicle

Although a flashy sports car might impress some of the other students on campus, high performance vehicles are expensive for students to insure due to their high horsepower. Cars that would be expensive to repair, such as imported vehicles, are also more expensive to insure. Driving a mid-range, safe sedan will help college students find affordable car insurance policies.

Live Without A Car

While living without a car is the most extreme way to save on car insurance for college students, it certainly is effective. Many college students do not actually need a car, especially their first year or two on campus, and they will be living in the dorms. Even if a student is planning to work, they should be able to find work within walking distance of their dorm. If a college student can live without a car, they will save money on gas, parking, and car insurance.