In many cases you can spend less money on auto insurance even if you are a young driver. This can be done if you are a good student in an educational institution. You will need to meet some requirements in order to get one of the many good student discounts which can be used to get cheap auto insurance pricing.
If you are a young driver under the age of 25 who is doing well in high school or college you will be able to qualify for a special discount on your auto insurance. This discount is one that will generally be worth about ten percent. In other words you can save fifty or more dollars on your annual auto insurance premium depending on what the average insurance rates are in your area.
The reason as to why a discount like this can be incredibly affordable comes from how a person who is under the age of 25 is more likely to pay higher auto insurance costs. This is because 25 is considered to be the age where most drivers will end up being safer and less likely to cause an accident. Conversely younger drivers who are not experienced will be more likely to pay auto insurance which is more expensive. However, if your son or daughter does well in school you can greatly reduce the cost associated with high risk young drivers.
In order to meet this requirement you will need to meet a few important criteria. First you will have to be a driver who is a full time student at an educational institution. This means that you will have to meet a certain number of hours in enrollment at the institution in order to be able to qualify for a good student discount.
Different auto insurance companies have various criteria with regards to what constitutes getting a good student discount. For example, some providers will give out discounts to students who are getting a 3.0 grade point average or higher. If the school grades their students by Letter grades rather than numbers then a B or greater average will be used rather than by GPA. In addition to this, many companies give out discounts to students who are in the top twenty percent of their class.
Another requirement deals with honorary listings for good grades like an Honor Roll or Dean’s List. If you’re son or daughter is on one of these lists you should be able to save money on your car insurance by getting a good student discount.
Brad writes about car insurance and how students and young drivers can save with student discounts. See his latest website on cheap student car insurance, as well as how to get cheap car insurance for teenagers.