Car Insurance Quotes For Students

Car Insurance Quotes For Students

Finding the right car insurance as a student can be a challenge, but it does not have to break the bank. College students often get the best deals and added convenience when they stay on their parents’ car insurance policy. This is especially true for students who are still living at home or returning during breaks. However, the decision can depend on factors like where the student is attending school.

For example, depending on the school’s ZIP code, getting a separate policy for the student may lead to more affordable rates. The downside is that this could make it trickier to share cars with parents when the student is home. Additionally, out-of-state students may be required by some states or insurance providers to get their car insurance policy.

Affordability is important for students, which is why we are here to help you find cheap car insurance that offers competitive rates and valuable discounts. As a college student or a high school student just starting to drive, we provide coverage options that fit your budget. With discounts like good student savings and low-mileage options, there are plenty of ways to keep your premiums low. Our goal is to make sure you get the coverage you need at a price that works for you.

Why Should I Get Car Insurance Quotes For Students?

Getting car insurance quotes for students is a smart move for a few reasons. First off, it helps you find affordable coverage, which is important when you are on a tight budget. Comparing quotes ensures you’re getting the best rates while still having the coverage you need. Every student’s driving situation is different, such as sharing a car with your parents, only driving occasionally, or living away from home, so getting multiple quotes helps you find the policy that fits your needs. Plus, many insurance companies offer discounts for students, like good student discounts or ones for low mileage.

Comparing quotes lets you take full advantage of those savings. It also gives you a better idea of the different coverage options available, like liability, comprehensive, and collision, so you can pick what works best for you. Finally, shopping around can help you find ways to lower your premium without sacrificing coverage. Overall, getting car insurance quotes for students is a great way to save money, make sure you’re properly covered, and avoid overpaying. It is worth taking the time to compare options.

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Best Car Insurance Coverages for Teen Drivers

Liability Coverage

This is required in most states, with minimum limits set by law. It covers damages to another person’s property and injuries if the teen driver is at fault in an accident.

Additional Coverage

Some coverages may be required depending on car ownership. If the car is leased or financed, the lender may mandate:

Collision Coverage – Helps pay for damage to the teen’s car after an accident.
Comprehensive Coverage – Covers non-collision incidents like theft, vandalism, or weather damage.

Recommended Coverages for Teens 

Since teen drivers have less experience and are at higher risk for accidents, extra protection can be beneficial:

Higher Liability Limits – Provides more coverage in case of a serious accident.
Collision Coverage – Helps cover repairs or replacement costs after an accident.
24-Hour Roadside Assistance – Offers help with flat tyres, dead batteries, running out of gas, lockouts, and towing—giving both teens and parents peace of mind.

How Do Car Insurance Quotes for Students Work?

When college students share an auto insurance policy with their parents, coverage generally applies as follows:

Student Driving a Parent’s Car

Damages the Car – Covered if the policy includes comprehensive and collision coverage, minus the deductible.
Causes an Accident – Typically covered by bodily injury and property damage liability up to the policy’s limits.

Parent Driving a Student’s Car

Damages the Car – Covered if comprehensive and collision coverage are included, minus the deductible.
Causes an Accident – Typically covered by bodily injury and property damage liability up to the policy’s limits.

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How Much Does Car Insurance Cost for Students?

Car insurance for college students is usually more expensive than for older adults. Drivers between 18 and 22 are considered higher risk, which leads to higher premiums. To save on costs, many parents choose to keep their college-aged students on their policy.

Why Is Car Insurance More Expensive for Students?

Car insurance costs more for students because insurance companies see young drivers as high-risk. With less experience behind the wheel, younger drivers are statistically more likely to be involved in accidents, leading to higher premiums. Other factors like the type of car, location, and driving history also play a role in determining insurance costs.

Can I Stay on My Parents’ Car Insurance If I Move Out for College?

In most cases, college students can stay on their parents’ car insurance as long as they haven’t permanently moved out. Many families keep students on their policies for several reasons:

Cost Savings – Sharing one policy is usually more affordable since certain coverages are split.
Car Sharing – Both the student and parents are covered when driving each other’s cars, without needing to update the insurance company.
Convenience – Managing a single policy is easier, and students remain covered when they return home for summer or winter break.

If your parents’ home remains your permanent address, you can usually stay on their insurance throughout college. However, if you fully move out and keep your car at your residence, you will need to get your policy.

Cheapest Car Insurance Companies for College Students

Finding affordable car insurance as a college student can be challenging, but some companies offer lower rates than others. Below is a breakdown of average monthly and annual premiums from top insurers:

USAA – $209 per month / $2,509 per year (best for military families)
State Farm – $275 per month / $3,301 per year
GEICO – $316 per month / $3,793 per year
Nationwide – $364 per month / $4,365 per year
Progressive – $370 per month / $4,443 per year
Farmers – $372 per month / $4,468 per year
Allstate – $412 per month / $4,947 per year
Liberty Mutual – $589 per month / $7,064 per year

USAA tends to be the most budget-friendly, but it’s only available to military families. State Farm, GEICO, and Nationwide also offer competitive rates for students. To find the best deal, compare quotes from multiple providers based on your location, driving history, and coverage needs.

Ways to Get Cheaper Car Insurance Quotes

Compare Multiple Quotes

Insurance rates vary by provider, so shopping around is essential. Online comparison tools make it easy to see different pricing options and find the best deal.

Take Advantage of Student Discounts

Many insurance companies offer special discounts for students. Maintaining a high GPA can qualify you for a Good Student Discount, while students who live far from home and don’t drive often may get a Distant Student Discount. Completing a defensive driving course can also help lower your premium.

Choose a Safe, Budget-Friendly Car

The type of car you drive affects your insurance costs. Sports cars and high-performance vehicles usually come with higher premiums, while safe, reliable models with strong crash-test ratings tend to be more affordable to insure.

Increase Your Deductible

Raising your deductible can lower your monthly premium, but keep in mind that you’ll need to pay more out of pocket if you file a claim. If you’re a careful driver, this can be a good way to save money.

Consider Usage-Based Insurance

Some insurance companies offer programs that track your driving habits through a mobile app or device. If you drive safely and don’t log too many miles, you may qualify for lower rates.

Stay on a Parent’s Policy

Being added to a parent’s policy is often much cheaper than getting your insurance. Multi-car policies typically offer discounts, making this a smart option for many students.

Keep a Clean Driving Record

Avoiding accidents and traffic violations can help you qualify for better rates over time. Insurance companies reward safe driving habits with lower premiums and additional discounts.

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