How to Save on Car Insurance as a College Student
Consider a Different Car
If you have not yet purchased a car, you may want to do your research about car insurance costs before doing so. Many insurance companies base part of their rates on the car that is being insured, and certain cars can cost much more to insure than others. In general, if you’d like to keep your car insurance costs low, you’ll probably want to choose an older, less valuable vehicle that does not have a fast engine. In addition to saving you money on your car insurance costs, this can also allow you to save on other things like car payments and fuel expenses.
Take a Driving Class
It probably hasn’t been too long since you took driver’s education so that you could get your driver’s license in the first place. However, if you’d like to sharpen your skills even more so that you are an even safer driver and if you’d like to reduce your car insurance costs, taking an extra class and faxing the certificate to your insurance company can be a good way to score a discount.
Prove You’re a Good Student
Depending on the car insurance company that you use, there is a chance that you might be able to get a discount on your insurance if you are able to prove that you are a good student. After all, if you show your transcript and prove that you are getting good grades in college, it can help prove to your insurance company that you are responsible, which can be seen as a sign that you are also a responsible driver.
If you are a college student who can’t afford to spend a lot of money on auto insurance, consider these tips. If you do, you might find that you won’t have to bust your budget as much for your insurance as you thought.