To be a student is to be busy on a very unique level. Between classes, homework, and various work opportunities, any student is constantly on the go, debating and weighing many options that have the potential to change their life. Unfortunately, not every waking moment is spent making exciting decisions; far too often do frustrating financial issues arise. Among those, the topic of car insurance tends to rise above the rest.
However, getting cheap car insurance for teens or students doesn’t need to be an issue. Granted, students will be presented with a few extra hurdles, but there are a few ways to lower one’s premium – as a student and even after graduation.
4 Tips Any Teen or College Student Can Lower Their Premiums With
- Don’t Drive the Nicest Car on the Block: This point is applicable to any driver. Of course, don’t go dragging something out of a junkyard, but choosing a conservative vehicle is certainly a wise move. In short, purchase a car that has a low probability of being broken into, stolen, or harmed in any way. In addition, your car should one that is unlikely to go fast. Insurance providers see flashy sports cars as a risky investment, thereby raising costs.
- Try to Keep a Decent GPA: Most students are already striving towards that perfect A+, but little do they know that their grades might easily affect their car insurance costs. By shopping around, one can usually find a provider that does, in fact, reward exceptional grades.
- Keep a Good Driving Record: Simply adhering to the laws of the road can also save the student money on their auto insurance. This is another tip that generally applies to any driver. Not being involved in an accident for several years or successfully avoiding traffic violations are both good ways to really present yourself in a good light. Just as the case with a conservative car, auto insurance providers see lower risk drivers as a better investment.
- Determine if the Car is Even Necessary: Some insurance companies provide discounts for students who are away from home without a vehicle. In this case, a discount will be applied to the car that the student drives when visiting home.
Getting A Cheap Car Insurance Comparison
Rate Digest has created a cheap car insurance comparison tool that helps consumers contrast potential rates. By simply entering their zip code, consumers can find the insurance provider that fits right for them.