Student discount car insurance is available for young drivers if you know what to look for and how to go about finding it. If you’re under the age of 25, you automatically fall into the group of drivers that pay more for auto insurance than most anyone else does, especially if you’re male. The reason for this is that insurance companies classify drivers in this age group as high-risk due to lack of driving experience, since they’re just starting out and because statistics support it.
The only insurance company for vehicles that don’t penalize you for being a young driver is roadside assistance. They offer one price for all clients based on the type of plan you choose. This is good news since this type of service helps to make commuting from one location to another a little less stressful and safer. If you have an emergency, one phone call will have help on the way.
Driving takes skill and concentration that improves with practice, which is why your premiums begin to drop after you turn 25. After driving this long without any major issues, you earn the right to lower auto rates. However, that does not mean that you have to wait until you turn 25 to get a reasonable car insurance policy.
If you qualify, you can take advantage of student discount car insurance for making good grades. This discount can help reduce your premiums considerably to make your coverage more affordable.
What Is the Good Grades Discount?
Studies show that students who make good grades have fewer accidents and get fewer traffic violations than teenage drivers do with poor grades or that drop out of school. Statistics based on information collected throughout the years support this idea.
As a result, insurance companies offer student discount car insurance, which helps everyone. It reduces the risks of you having an accident that the insurance company will have to pay for, parents have lower premiums and students feel rewarded for studying and working so hard.
How to Qualify
In order to qualify for the student discount car insurance, you’ll need to show proof of your grades. Without this proof, you won’t be able to take advantage of the discount. Keep in mind that if your grades drop, you’ll lose the discount and your rates will go up. However, when they improve again, you can reapply for the discount. You’ll have to provide proof of grades every time you renew the insurance policy or you’ll lose the discount because it does not automatically carry over.
Home School Students
If you’re being home schooled, don’t worry. You can still take advantage of these discounts. The insurance company that you use will tell you what information they need before you can begin receiving the discount.
Once you provide the documents showing you’re being home schooled and show proof of your grades, this information will determine if you’re eligible for the student discount car insurance. For even more discounts, home school students can pass a defensive driving course. With the money you save on the student discounts, you can invest in a good roadside assistance plan.