Getting Auto Insurance Discounts For Teen and New Drivers
If you’re a teen and new driver, then you can’t simply take your car out on the road and guess how to drive. If you want to get good teen and new driver car insurance rates, and also drive safely and within the law, then you need to have a driver’s education program. Most schools offer one, and the schools in this video offer a different, more effective type of driver’s education–one designed by teens.
Most car insurance companies will apply a ten percent discount or more to your insurance if the teen takes a driver’s education program, even if it is taken outside of school.
There are several places on and off line where a teen and new driver can get their drivers education, and there are even games to help the teen learn the rules of the road better.
What Student Driver Auto Insurance Discounts Are Available?
Reader question:
What kind of discounts can a student get on her teen driver insurance?
Ruth
Thanks for asking, Ruth.
Being a full time student and having to pay the much higher teen driver insurance prices would be difficult for everyone, but if you take advantage of all of the teen driver insurance discounts that are available to you, you could get your rates down to something lower even than your parents. All you need to do is pick the right company that has the highest discount percentages, the best service, and the best quotes.
- Are you a good student?
Most teen driver insurance companies will offer a discount for those students who make good grades in school. The requirements differ, but what is more often than not required is that the teen be a full time student and be able to provide either a transcript or a report card proving the good grades.
Then there are the requirements that vary depending on the teen driver insurance company. Some will require that you have been driving for at least a year and a half; others that be over sixteen but under the age of twenty five if unmarried, twenty one if married. The grade requirement is usually a B average, and between a 3.0 and 3.5 grade point average.
Some companies give better discounts than others. Farmers insurance, for example, has more restrictions, but the teen driver insurance discount for good students is 25%, whereas the same discount with GEICO is only ten to fifteen percent.
- Do you need a car anyway?
If you have teen driver insurance on your parent’s policy, then it might be good for both them and you if you leave your car at home when you go away to college. This depends on where you’re going, of course. Most companies only give out this teen driver insurance discount if you will be going to school one hundred or more miles away.
You’ll still be insured when you’re at home, and while you’re at school it’s a lot easier to get by without a car if you’re living on campus. It can also save you guys a good chunk of change on your teen driver insurance premium.
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