Chicago, Ill. (Vocus) September 1, 2009
With rising costs of tuition, students are looking for more ways to save as they head back to school this semester. One way has been to compare top insurers nationwide to find the cheapest car insurance premiums. BestCarInsurance.net gives students and parents tips on how they can find the best car insurance to save on costs.
The quickest and easiest way to find the cheapest car insurance premiums is to compare top insurers nationwide and choose the plan that offers the most complete coverage at the lowest rate. However, there are some additional ways to save when a driver is discussing policies with an insurance agent.
First, discuss mileage and how often the car will actually be driven by the student. If vehicle is staying at the parents’ house and the student will only be driving it when visiting home, this can greatly reduce mileage – and car insurance costs. Also consider whether the student will be living on or near campus. If so, the vehicle may not be driven daily.
Consider the car that is driven and what coverage is needed. A safer, more modest car will always cost less to insure than a flashy, expensive car. With a less expensive vehicle, many will choose to drop collision coverage. Typically, if a car has a book value of less than $3,000, collision coverage is not necessary.
Combine policies to get the best car insurance. Keep the student on the parent’s insurance or have the student purchase other forms of coverage through the same company. A student can purchase renter’s insurance for $10 to $15 a month through the same insurer and receive discounts on their auto insurance. Depending on the policy, renter’s insurance will cover $20,000 worth of property if damage in a flood, fire, water damage, theft or vandalism.
Students need to be responsible to get the cheapest car insurance premiums. Do not drink and drive; avoid violations and accidents; maintain a good credit rating; and keep grades up. Any violation, such as speeding or DUI, will send car insurance premiums skyrocketing. A good credit rating will keep rates down. Most auto insurance companies will give students a 10% - 15% discount on their car insurance premiums for maintaining a GPA of 3.0 or higher.
BestCarInsurance.net gives drivers a source to compare top insurers nationwide and obtain free car insurance quotes. Drivers can get the most complete insurance policies at the lowest possible rate by comparing nationwide auto insurance companies and choosing the best coverage.