Car Insurance Discounts for College Students

GEICO is one of the best provider of car insurance discounts for college students including good student discounts. Since affordability is important for students, which is why we are here to provide the information about some more cheap car insurance for college students with competitive rates and a variety of amazing money saving offers which include GEICO, AllState, Progressive, Esurance, AAA etc.

Car insurance discounts for teens

Learning to drive is an exciting time for a teenager, but having a great car insurance quote and the best car insurance discount for new drivers can be a challenge. Teens are more likely to suffer injuries, and higher insurance rates represent additional risk.


There are several discounts that may help teen drivers lower their car insurance costs including:

1. Good student discount

Good student discount is for brilliant and efficient students. You could save up to 25% if your teen driver gets a good score. Savings will last until your teen turns 25. Your most recent report card can be the secret to lowering your insurance premium.

Homeschoolers may also be eligible for other options, such as presenting proof that they have completed certain national standardised exams, conducted during the last 12 months and classified at the top 20 per cent.

2. Student away from college discount

If one of the users of the protected vehicle is a student under the age of 25 who moves to school and uses the car only when at home during school holidays, you might be eligible for this car insurance discount.

3. Driver Training Discount

You will qualify for a car insurance discount if all operators of your vehicle under the age of 21 complete an approved driver training course. In addition to reducing your insurance premium, studies have shown that completing a driver’s education class will minimise accidents and tickets.

4. Safe Driving Habit Discount

Some insurance firms offer special discounts such as Steer Clear and Drive Safe & Save services that may help lower the car insurance rates while educating young motorists how to drive more safely.

Best Car Insurance for College Students

The Best Car Insurance for College Students provides coverage, benefits, offers a range of discounts that can make car insurance more accessible to younger generations.


Since it is a struggle for the youth these days to live on their own, make new friends, and actually navigate adult situations. Between school, bed, board, and book fees, you probably do not have a lot of room in your budget, so one expense you might not anticipate is car insurance. So maybe you are looking for the best car insurance for college students.

Following is a chart of some of the best car insurance providers for college students.

Rank Best Car Insurance for College Students Overall Rating
1 State Farm :star2: :star2: :star2: :star2: ½
2 Auto-Owners Insurance :star2: :star2: :star2: :star2: ½
3 GEICO :star2: :star2: :star2: :star2: ½
4 Safeco :star2: :star2: :star2: :star2:
5 AAA :star2: :star2: :star2: :star2:
6 Esurance :star2: :star2: :star2: :star2:
7 Allstate :star2: :star2: :star2: :star2:

How to qualify for car insurance discounts?

Being a college student you may take advantage of a number of insurance discounts that appeal to your expertise as a safe driver or top student.

Discount Average savings How to qualify
Safe driver 12% Drive without going into an accident or making an argument.
Good grades 25-37% Get at least a B grade or average every semester.
Low mileage 25-45% Your car is on either campus or parked most of the times.
Defensive driver 15-20% You have to pass a driver safety course or test.
Secure car 12-25% If your car has an anti-theft device that makes it harder to steal.
Safety device 15-30% If you drive a car with antilock brakes, airbags, etc.
Online quote 7% Get a quote or sign up online to get this discount.

Best companies for car insurance discounts for college students

Car insurance companies normally handle college students like any young driver, charging higher premiums to cover any potential risk that comes with inexperience. See the following companies that give the best rates and rewards when you are a student, plus note some tips to help yourself in order to save even more money.

Some of the best insurers along with their annual costs are as follows:

Company Annual rate
Geico $1500
AAA $1,385
Statefarm $900
Mercury $660
USAA $770
Progressive $940
Esurance $1,200
Capital $1,100
Grange $1,300
Kemper $1,700
Liberty Mutual $1,750
Average $1,250

1. GEICO

Geico has low premiums, generous discounts, and high levels of satisfaction and reliability that make it one of our favourite car insurance choices for college students. Some of the best discounts and additional insurance packages that make this insurer particularly favourable to car insurance for college students include:

Discount Details
Driver’s education discount This savings opportunity is available to young drivers who have completed an accredited driving training course.
Good student discount Full-time students between the ages of 16 and 24 are eligible for up to 15% discounts to retain the B average or higher.
Mechanical breakdown insurance (MBI) Mechanical breakdown insurance provides cover for some mechanical vehicle components in the event of a breakdown. It will save you hundreds to thousands of dollars in repair.

2. State Farms

State Farm® provides affordable car insurance premiums for teen drivers and college students, with an outstanding programme that addresses the needs of teens and their parents.
State Farm also provides coupons to help minimise teenage driver insurance rates, and safe driving tips to help keep them safe.

Here are some of the State Farm incentives and best discounts that make automobile insurance accessible for college students:

Discount Details
Steer Clear ® A driving refresh course that is available to drivers under the age of 25.
Drive Safe & Save State Farm’s use-based savings programme
Student away at school discount For drivers under 25 years of age living away from school who only use an insured vehicle at home.
Good student discount Up to 25% off for high school graduation.
Driver training discount For students under 21 years of age who complete an approved Driver Education course.

3. Auto-Owners Insurance

Auto-Owners Insurance has discounts for good students and an add-on coverage that is particularly beneficial to younger drivers. Many of the discounts for college students include:

Discount Details
Good student discount Drivers who maintain a B or higher-grade point average could save up to 20% on college students’ car insurance.
Student away at school discount Students who attend school more than 100 miles away from home without an insured car can receive extra discounts.
Teen Driver Tracking Discount If you have GPS permanently installed in your car, you will be eligible for extra savings.

4. AAA

AAA or triple A insurance is best known for its top-rated roadside assistance programme, which can be of interest to college students with less driving experience. But it also has competitive rates for student auto insurance. AAA also offers AAAdrive/AAA OnBoard Discount as a safe driving discount programme based on use. For more information on the discounts available for college student car insurance through AAA, see the table below:

Discounts Details
AAA Member Discount You can earn a discount based on your years with AAA prior to purchase of auto insurance.
AAA Security Check Discount Have a AAA safety inspection of your vehicle and get a discount on your insurance premium.
AAA Drive / AAA OnBoard Discount This is the AAA smartphone app that monitors your driving habits and issues discounts based on safe driving.
Secure Driver Discount If you’re a good driver, you can save up to 20% on your car insurance policy. You must complete an approved safety course for the defensive driver.

Cost of car insurance for college students?

Car insurance premiums differ depending on your

  • Your Age
  • History of driving
  • Place you live in or your location
  • Type or model of your car and other factors

For example, California college students pay an average of $1,330 for liability-only car insurance similarly cost may differ in other states.

Five ways college students can save on car insurance

You can’t magically age yourself out of the demographics of a college student. And it’s not a smart idea to lie about your submission.
So how do you play your cards correctly, stay honest, and still get the best car insurance rate? Start with the following five tips:

1. You are a partner with your parents

The easiest way to save is to stay on your parents’ auto insurance for as long as possible. You can set up an insurance history before it’s time to buy your own policy, and the rates are lower in the meantime.

2. Keep your grades up

If you can keep your GPA at 3.0 or better, your insurer will reward you with a good student discount.

3. Drive less often than not

The fewer miles you drive each year, the lower your rates will be. Consolidate shopping trips and other walks where possible, and carpool with those offering to drive. You can also try telematics insurance to base the premiums on how well and how fast you travel.

4. Drive safely

A spotless driving record almost always offers you more attractive insurance rates. But even though you had accidents or fines, the completion of safe driving courses could lower your fares and even delete points from your driving record.

5. Shop around

By taking the time to compare providers and policies, you can find the best deals you can apply for.

Frequently asked questions

1. Is it worth the discount to leave my car home?

The short answer: probably not when you need to drive around.
While you might save up to 80 per cent on your car insurance when you are away from school, the car could be parked and unused all the time you are away. And you would be dependent on public transportation at school, which is difficult in most U.S. cities.

2. Is car insurance cheaper if you are a student?

Yes, car insurance is usually cheaper if you are a student but you have to be a good student. If you are not a student, or if you have bad grades, you can not qualify for good student discounts.

3. How much GPA do you need for a good student discount?

You typically need a B average (3.0) or higher GPA to get a good student discount. This will depend on the provider you want to carry out an auto insurance policy for college students.

4. How much insurance is on teen cars?

The rate for young adult or teen auto insurance is calculated by a variety of variables, including your policy, deductible, living status, car value, available discounts and a range of other considerations.

5. What factors, besides age, influence student car insurance?

Although age and driving experience certainly play a part, there are a number of other factors that can affect your rate, such as

  • Your driving experience
  • Your credit ranking
  • Where you are staying.
  • Your driving record
  • The car you are driving
  • Your job

Conclusion

College student auto insurance is a steep cost. It’s bad enough that auto insurance premiums are the highest for young people, but when you’re already a broken college student, car insurance seems like a privilege that many people forego because of high insurance rates.

The best car insurance for college students provides extensive coverage and incentives, offers various discounts and allows drivers access to resources that can make car insurance more available to young people specially college students. You could apply for these money-saving discounts as a full-time student.

The main car insurance discounts for college students include:

  1. Good student discount—available when you keep the “B” average or higher grade.
  2. Good driver discount—if you have not been in an accident in the last 5 years.
  3. Alumni societies, schools, universities and student groups discounts—available for representatives of chosen organisations.

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Car Insurance Discounts for College Students is a topic that most students think about. Most of the students, usually such who are earning yet studying may have many expenses and one of them might be a transport problem. Using a local bus or different vehicles daily maybe a little expensive especially, if the distance is long enough. So they do seek a good car insurance policy or company where they can get a tad bit of relief.

Car insurance seems even more expensive when you’re young and are independent fulfilling all your requirements by yourself. Especially, for college students it can be a hectic thing to do even think about it with all expenses but it’s pretty much very important to have transport if your own.

However, don’t worry as there are many other companies that do provide car insurance policy with many great offers especially to young, independent and college students.

Some of them are:

1)Gabi:

Gabi Does the insurance shopping for you, matching you with the best policy to fit the insurance criteria. Once you provide your policy, it can see all the savings you’re enjoying. Including any good driver or student discounts. It then works to help you find a better deal, connecting you with student discounts. In most cases, Gabi will find a policy with lower premiums than you’re already paying, and you can simply leave it without paying anything you don’t owe anything to the company.

2)Liberty Mutual

It offers a discount for good grades if you’re under the age of 20-25 and you have at least a 3.0 GPA. If you’re below the age of 21, you qualify for an additional Driver Training Discount after completing a qualifying Driver Training Program.
You’ll get the mileage discount as well as up to 10% off if you belong to one of the alumni organizations, employers or professional associations that it has contacts with.

3) Allstate:

Allstate gives a discount if you’re going to school far away from your residence. The resident student discount applies if the student goes to school at least 100 miles away from their own or priority residence. If this is the case, parents can save up to 35% on their auto insurance premiums for their child. Allstate also gives a Good Student Discount of about 9%.

4) Ensurance:

Esurance gives a 10% discount on insurance for pupils who meet a minimum 3.0 GPA. You must be attending a full-time high school, college or university and be under 25 years old to be eligible for the discount. Estimated they’ll typically extend the discount a year after you graduate.

5)Metromile

It is a new way to pay for car insurance you pay for anything you use and nothing more. According to Metromile’s website, 65% of drivers overcompensate to contribute high mileage drivers. They claim that their clients save $500 on average, per year as compared to other insurance organizations. The base rate is $30.00 and they charge about 3.2 cents per mile.

6)State Farm:

The State Farm gives several ways to get discounts on auto insurance when you’re a student. First is their Steer Clear Safe Driver Program. This is an online session that you can take both at your personal computer or on a mobile app and receive 15% off your auto insurance premium once you’ve achieved it. The program is set up to be a learning way to teach youngsters how to drive safely.

7) Progressive:

Progressive’s student discount implies to students who maintain a B average or better. Likewise other companies, it also offers a discount to parents of full-time students who are far away. If you’re 100 miles or more away from home so you can easily get a student discount. Progressive also rewards safe driving. The better you drive the better rewards you get.

Conclusion:

Don’t worry if you’re an independent, young college student who is usually worried about the expenses of the hostel, food, course works or other college-related expenses. There’s always a relief out there so the best you can do is stop overthinking and start acting.