Students with good grades are a huge benefit when it comes to getting insurance. The reason is simple: fewer accidents mean lower premiums for insurers. Additionally, students are more likely to obtain good grades than others. If you have a high GPA, you may qualify for an even lower rate. In fact, the more you study, the more likely you are to receive good grades on standardized tests. Here are a few ways you can use this to your advantage.
While you’re in college, you’ll probably still need car insurance. The reason for this is simple: teenagers are higher risks for accidents. Inexperienced drivers are considered more likely to have a traffic accident than an experienced driver. Because of these factors, young adults usually pay more for car insurance than adults. Fortunately, most insurance carriers give students a discount for being a student. In addition to the “good student” discount, you may also qualify for a resident student discount.
The best way to get the best student car insurance quote is to add your child’s car to the existing family’s policy. You can save money by adding the student driver to the existing policy. It also protects your existing policy from lapses. While it’s true that young drivers don’t drive as much as older drivers, they’re still a high risk for accidents. As a result, the cost of car insurance for a teenager is higher. Luckily, many insurers offer student discounts to students.