LOS ANGELES, Jan. 22, 2020 /PRNewswire-PRWeb/ -- Compare-autoinsurance.org has released a new blog post that presents the best 2 car insurance discounts for students.
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Teens are perceived as high-risk drivers. Students below 25 years old make no exception. In fact, some companies may consider students even more predisposed to to accidents and ask for more expensive premiums. Find out more about the existing options to lower the costs. Furthermore, get free car insurance quotes from http://compare-autoinsurance.org/.
- Good grades student discount is the most valuable discount on the market. Students with a GPA above 3.0 or a B average can qualify for this discount. Companies view hard-working students as more responsible. Plus, they assume that these students spend more time in dorms/at home and study, rather than going out for parties. The value of this discount varies a lot between carriers. The typical range is around 5%- 15%. However, some companies offer a 35% discount to students under 25 years old that complete the teenSMART driver education program. Also, each carrier asks proofs of good grades, like a report card. Some companies may require the student to be on Dean's Honorary list in order to grant the discount.
- The resident student discount is another big discount. This discount is designed for students who study far away from home and leave the car at home. In this way, they do not driver regularly and are less exposed to accidents. Again, the value and requirements for this discount will vary. Generally, the carrier will require documentation to prove that the student is at least 100 miles away from home. The value of the discount is around 20%.
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SOURCE Compare-autoinsurance.org
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