Car Insurance For College Students – College students have plenty to think about, such as the mountains of homework they have to get through each day, fitting their many friends into their busy schedules, and finding some sort of employment to earn some money while they are studying.
The car they drive is the most important thing in their lives, but when it comes to getting car insurance for college students, the thought leaves them cold, seeing that insurance rates for persons under the age of 25 are the highest in the country.
It is the cost of this type of coverage that makes many students reluctant to buy vehicle insurance, which could get them into a whole lot of trouble.
Apart from the fact that they risk losing their driver’s license, there is also a danger of landing in jail, heavy financial burdens, and, not to mention the trouble they would get into with insurance companies and other drivers on the road, if they are involved in an accident.
There are various options to getting students car insurance, the best one being to be included on your parent’s vehicle insurance plan – provided of course, if you are living with them while you are attending college. This can save you some money, and also give you the security as well, knowing that your car is properly insured.
For those who are attending college away from home, there are various things that they can do to lower their premiums if they want to purchase college students car insurance. The easiest way for you to do this is to keep your GPA above 3.0, because most of the well-known insurance companies offer lower rates based on your GPA.
In addition to this, should you acquire an achievement at college that puts you on the dean’s list, your premiums will decrease in cost even more. If you are a male, then make sure to keep your credit score high at all times, as insurance companies consider male students to be a greater insurance risk than females.
The cost for this kinf of college insurance is normally lower for those attending school in rural areas, than those at school in the larger cities. If you live close to your school and your job, it means that the distance you drive each day is short, which could also mean a discount in the rates you pay.
Although it is really cool to own a convertible or sports car at your age, think twice before you buy a vehicle like this. Owning these types of cars tends to make the cost of college car insurance shoot through the ceiling, and you will more than likely be working just to be able to afford your high premiums each month.
The rate for car insurance is also reduced if the vehicle he or she owns has certain safety features, such as a stability system, an alarm, as well as airbags. Keep your insurance rates as low as possible by being a careful, responsible driver at all times, because, should you get a ticket or citation, your rates will increase dramatically as well.
Take a little time to shop around and compare prices between the many qualified insurance agents around, to find the coverage that is affordable to you, and suits your needs best.
Once you have found the agent that you would like to deal with, make enquiries about which driver’s safety courses qualify with the company, and then do those courses, because this is another way to lower your insurance rates even further.
Car insurance for college students is high, but if you play your cards right, and do a little research, you will find out how to get the type of coverage that you can afford.