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While the distant student discount (also called a student-away-from-home discount) is a popular car insurance discount for students, it only applies if they do not bring their family car to college.
Where your student attends college can also impact the price of car insurance. Urban campuses with high parking costs and a lot of traffic might lead to higher premiums compared to rural locations ...
A recent Bankrate study on cheap car insurance for teens found that 16-year-old drivers faced some of the most expensive car insurance premiums of all age groups. When added to their parents ...
Pros for staying on parents’ policy. Cons for staying on parents’ policy. Access to less expensive premiums typically. Increases parent’s policy premium by as much as 130%
According to MarketWatch, full coverage car insurance for teens is, on average, 206% more expensive than the national average estimate of $1,730, and it can even be up to 485% more expensive than ...
Good student discount: Maintaining a certain GPA can often snag you a discount. Multi-policy discounts: Bundling your auto insurance with renters or life insurance might lower overall costs.
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