Monthly Archives: February 2021

Get Student Auto Insurance at the Best Price

The reasons due to which young people pay more largely vary. While the main reason continues to be the historic accident data and lack of driving experience, young people can still save some money by leveraging on the discounts that are offered. Auto insurers generally offer a discount even for teenagers. All that you need to do is enter your details such as car, age and zip code and you can see the available discounts within a few seconds. Listed below are the typical student discounts that a teenager can avail:

1. Good Student Discounts

Students studying in college or high school are eligible for this type of discounts, with the only parameter being that they should maintain good grades. By studying hard, students can manage to save considerable money. As per the research conducted by auto insurers, it was observed that students who excelled in studies were at a lower risk of accidents. Hence, the financial risk involved with these types of students is less, due to which they can enjoy discounts when they maintain good grades. The basic idea behind this discount is that it takes consistent commitment, dedication and qualities to achieve good grades and it also means that they possess all the qualities to be a great driver.

Qualifications for a Good Student Discount

· The discount rates are generally offered to students who maintain a B or higher grade throughout the year. When this criterion is met, they are entitled for a discount of 10% from the auto insurance premium. Not only does hard work help you succeed in life, but it also helps you in saving some significant money when you are studying.

· The student must be a full-time student and must not be doing a part-time or distance learning course.

· There is an age cap of 25 years on the student.

For parents who are paying the insurance premium of their kids, you can always lure them to study harder. If they try for it and are unable to achieve it for some reason, you can always motivate them to study harder and perform better in the year to come.

2. Certified Driver Safety Classes

There are different types of education classes meant for drivers. They are taught by highway patrol officers and other experienced drivers who will share the valuable tips about driving. By learning from them and passing the class, you obviously become a better driver than you were. When you produce the certification to insurance companies, they can give you a discount of up to 10% of your premium. However, when you join certified driver safety classes, you will have to ensure that they are recognized by the auto insurers.

3. Buying a car which has a lesser insurance cost

The cost of the car and type of car you are buying plays a major role in determining the premium. For teenagers, the cost of insurance is anyway twice that of the cost paid by a 40 year old. However, the car you choose can help you to lower your rates to a certain extent. Do not buy sports cars like Porsche or any new flashy cars that is a favorite among thieves. To stay safe and avoid major car insurance costs, buy used cars such as Toyota Camry, which is safe and does not come with a huge price tag for insurance premium.

4. Resident Students get a discount!

Students who are planning to join a college or university in a different place, which is generally at a distance of over 100 miles, are eligible for this type of discount. Although not many people know about this, this discount can be enjoyed by students who do not plan to drive to their school or use their car only on limited occasions when they are home. However, this must accompany a proof such as an admission letter along with the address of the college. The auto insurer will also require proof of mileage and this discount might come with a few restrictions.

5. Research and find the cheapest student auto insurance online!

If you spend some time researching on the internet, you can find student car insurance at cheap prices. Car insurance companies generally offer insurance covers at a cheaper price compared to the rates charged by agents and other third parties. In a matter of few clicks, you can compare the policies and pick the one that best suits you.

4 Things to Consider When Purchasing Auto Insurance

Are you looking to buy a new insurance for your car? If this is the case, then you might be overwhelmed with the wide variety of offers that are present on the market. So how do you proceed? In this article, we will be providing 4 tips to help you make the best decision when purchasing auto insurance.

Know your requirement

You need to know what you are looking for before starting your search for an auto insurance company. Not all companies are equal, and each one of them specializes in one area of insurance. For instance, some companies specialize in low-cost insurance while others might charge a premium but offer a better service. The key here is to determine which type of auto insurance you want, and then you can start your search.

Consider the reputation

It is also important that you consider the reputation of the insurance company. Some companies might offer some fantastic policies only for you to find out later on that they are not easy to deal with when it comes to claims. For this reason, you should ensure that you check the reputation of the company first.

A quick search online should provide you with feedback from other buyers, and there are plenty of forums online where you can interact with other insurance policy holders to find out whether the company you are interested in is a reliable one or not.

Accessibility

Some companies are only available through online channels while others have local offices. In the majority of cases, the ones that are available solely online are the cheapest, but it can be difficult to get in touch with a real person in the event of an emergency.

If you are more confident in dealing with a real person, it might be important that you consider an insurance company that may have local offices in your area. Also, make sure that there is a phone number listed on the website to ensure that you can quick access to the company.

Compare quotes

As mentioned above, not all insurance companies are equal, and it might be interesting to compare quotes. Nowadays everything can be done online or via email, and this can allow you to get numerous quotes quickly. Just make sure that you are comparing like with like as policies may differ between companies.

Once you are satisfied with a quote, you can still call your insurance agent to discuss further and attempt to get a lower rate for your auto insurance.