Car Insurance for a Young Driver

12M@@

New Member
Costs are rising more than ever for today's college students, from the high price of tuition to the hundreds it costs for textbooks and supplies each semester, and student car insurance is yet another burden. Knowing how to find the best deals if now more important than ever in today's economy.

While it may seem that you simply do not have the time, you really should try hard to find the time to look for cheaper for of car insurance that will provide the coverage you need.

Your age and the fact that you are a college student will unfortunately mean that you are in a category of driver that makes for higher rates than other populations. However, there are some companies that offer student discounts.

Were you aware that there are some insurance providers actually offer lower rates to students who maintain higher grade point averages? If you have a B or higher in your classes, you should look into this option.

They may be additional discounts which you have not considered. If you do not live in a dorm and are paying rent, you could combine your renter's insurance with your car insurance via the same company. You will often get a significant reduction in costs this way. Living with family? Always r****** a family discount.

Living on campus is a real financial benefit, for gas, fewer miles on your vehicle, and insurance. Ask about any available options for low mileage drivers, and negotiate a good deal.

Protecting your car from theft will also mean lower costs for you. Alarm systems and Lojack units are ways to not only give you peace of mind, but also show the insurance company that you are a lower risk to them.

Undoubtedly, student car insurance will add to your financial struggle as a student, and if you can avoid having a car during your college years it will save you a great deal. That said, there are still ways to find good rates. Do your homework and be creative; you will find what you need.

Source: http://buithixuan.info/posts/finances/insurance/car-insurance-for-a-young-driver.html
 
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