Best #AUTO INSURANCE For College Students
Best Car Insurance For College Students. We looked into the best insurance providers in the nation, ranking the top seven based on price, coverage, and discounts available to college students. In this analysis, we found that State Farm has the best car insurance for college students overall. Another Cheap High-Quality Option: Geico Insurance All things considered, Geico is among the best car insurance choices for college students. For starters, the company ranked among the top three cheapest options in each city we checked.
College can come with some significant expenses — from tuition to room and board. You (or your parents) may be looking for ways to cut some costs, including saving some money on your car insurance.It is important to get car insurance at the right price, but it's also a good idea to find the right coverage to meet your needs.
Esurance offers a 10% discount on insurance for students who meet a minimum 3.0 GPA. You have to be attending a full-time high school, college or university and be under 25 years old to be eligible for the discount. For good measure, they’ll typically extend the discount 1 year after you graduate. The best car insurance for you as a college student will provide protection not only for liability risks, but also for injuries, collisions and other types of risks to you and your vehicle. And it will provide all of those things at a price that that isn’t burdensome.
Why is car insurance so expensive for college students? Many auto insurers grade on a curve. “Teenage drivers represent the highest risk segment of the population and are involved in more serious and fatal accidents than anyone else,” according to the Insurance Information Institute, an insurance industry association.
GEICO's low rates and abundance of discounts make it what we consider the best cheap car insurance for college students. While quotes vary depending on where you live, we found that GEICO consistently offers college-aged drivers low auto insurance rates. For college students looking to snag cheap car insurance, GEICO is hands down the best option out there. With some of the lowest average premiums in the industry, GEICO stands by its claim that 15 minutes could save you 15% or more on car insurance.
The cost of car insurance for young and teenage drivers is high, and it’s still high even when those young drivers and teenage drivers are college students. The good news is that car insurance premiums tend to go down as you age, and once you reach age 25, you can expect to pay much lower car insurance rates and finally get cheap car insurance.
How to save and get the best cheap car insurance for college students. The best way to save money on car insurance is to shop around and find the lowest rate. No two insurance companies will have identical prices for the same policy, and the difference in cost varies significantly among carriers. The best car insurance for teens and young drivers in 2020. Find the best car insurance rates and deals for new and young drivers. Affordable insurance policies are available for good students, and also for teens who've had accidents.
Our #1 pick for the cheapest car insurance for college students is Allstate. The reason might surprise you. It's because Allstate has an awesome incentive program to combine renters insurance (which every college student needs) with their car insurance. And by combining your policies, you can save big bucks AND get more of what you need.
How to Find Cheap Car Insurance as a College Student. Buying affordable car insurance for college students is certainly a concern, but it’s rarely a top priority. Many young drivers under 25 get a policy from the same insurance company that their parents use. Some go online and get a quote or two from different car insurance companies.
The Best Car Insurance for College Students. Keep Your Student on Your Policy If: If (a) your student plans to bring a vehicle to college and use it; or (b) if she is commuting to or attending a nearby school that allows her to come home more often and use the car, then you should keep he or she on the policy. Car insurance for college students is easy to find, but it’s not cheap. Adding an 18-year-old to a married couple’s policy adds $1,537 per year on average, according to a NerdWallet analysis.
Life insurance is personal. There’s no one-size-fits-all approach, and there’s no way to make across-the-board recommendations for which company to use. But, generally speaking, I think these companies would work well for college students. State Farm is known for personalized service with dedicated agents behind each auto insurance policy. This insurer also offers some of the best discounts to help college students take advantage of savings. Making good grades while in school can earn you a 25% discount on your policy.
Cheap car insurance for students. Drivers between the ages of 16 and 25 pay more than any other age group for car insurance. Car insurance companies see young drivers as more likely to drive recklessly, commit moving violations and file insurance claims.If you’re a student, this can make finding affordable car insurance difficult.
