What insurance companies offer student discounts?

Best Car Insurance Companies for College Students

1. AAA. The best car insurance for college students is AAA because it has the cheapest premiums and offers a variety of discounts, such as good student, student-away-at-school, and new young driver discounts.
2. Geico.
3. Travelers.
4. USAA.
5. Esurance.
6. Progressive.
7. State Farm.
8. Allstate.

Do insurance companies give student discounts?

Every major car insurance company offers a good student discount. This discount is for around 10% to 15% off your premiums, and is given to student drivers who can demonstrate that they do well in school. Both high schoolers and full-time college students below age 25 are eligible.

How do you qualify for good student discount?

In order to qualify for a good student discount, you have to have a B average or better, or be in the top 20% of your class. This is usually based on your cumulative transcript, so you don’t need to worry if you had one subpar semester.

Is it better to put student or employed for car insurance?

2. College students, as younger drivers, typically pay more for car insurance. While insurance providers typically charge younger drivers, like college students, higher car insurance rates, the amount you’ll pay depends on many factors. But remember: If you can stay on a parent’s policy, you’ll typically pay less.

Is insurance cheaper for college students?

Students tend to pay high rates for policies because they are young, and insurance companies consider young drivers to be higher-risk. …

What is the good student insurance discount?

The term good student discount refers to an auto insurance policy discount available to young drivers who earn good grades in school. As a result, they deserve to pay lower insurance premiums since they are less likely than teens with poor grades to file a claim with their insurance company.

What is a good student discount for auto insurance?

The average good student discount is 7 percent. The average insurance rate that includes those drivers is $6,110. A 7 percent discount would save you $361.

Can I get a good student car insurance discount?

Students who are home-schooled may qualify for a good student discount with the right documentation. For example, some car insurance companies will offer the good student discount if you test among the top 20% in certain standardized tests such as the SAT or ACT.

What is a good student driver discount?

Good student discount is the discount or reduction provided in the insurance premium for a young driver at least sixteen years of age, who ranks in the upper 20 percent of his or her class, has a B or 3.0 average, or is on the Dean’s list or honor roll. This discount id provided on the basis of the assertion that good students are better drivers.

Do insurance companies offer a discount for a CDL?

If you purchase commercial auto insurance for vehicles that require CDLs for operation, you may qualify for up to a 20% discount just by having a valid CDL . This discount is offered to ensure that vehicles under the commercial auto insurance policy are driven by properly licensed drivers.