For any car user, the importance of an auto insurance policy can never be overstated. Whether one is a student or an adult going about their life, car insurance is compulsory if one wants to drive on the roads that are used by other auto owners. It is however important to point out that students sometimes can have a lot of pressure emanating from their tight study schedules and the demand to achieve great results out of their education. There are many varying insurance discounts available to students whether they are in college, high schools or universities and one can easily be able to benefit from them and especially by doing a little bit of research on the available insurance companies.
It is however important to point out that even with these discounts are only available as a reward to the students who shows some level of responsibility on the roads and therefore one will need to drive carefully and have a good record as far as past driving is concerned. The different discounts available to students fall under different categories and it will be important to check out on the one that best suits your needs in order to save some money while enjoying the peace of mind that results from being insured.
Below are some of the available student car insurance policy discounts:
Discount # 1:
Resident student discount: This kind of car insurance discount is tailored to benefit students who are away at school. This simply means that due to their residence in schools, accessibility to cars is minimized and only has to drive regularly. It is however important for such a student to be listed under their parents policy since there are chances that they will be driving during the vacations or when they go home. One will however be required to verify their status when looking for this policy with different insurance companies requiring different types of verifications.
Discount # 2:
Good student discount: This discount is available for those students who perform well in their studies. Many insurance companies offering this discount normally do it assuming that well performing students are also good and responsible drivers. Different insurance providers normally have different requirements although there are basic rules which govern the provision of this discount. For one to benefit from this offer, they must be licensed drivers aged between 16 and 25 years. It is also required that the beneficiaries of this discount should achieve a grade of 3.0 and above. One will also need to be studying full time in a high school or have 12 credit hours or more if a college student. Those homeschooling can also benefit as long as they have proper documentation.
Discount # 3:
Teen driver monitoring discount is another discount offered by numerous providers for students within the teen age bracket. Some companies however have stringent requirements before giving out this discount and one will need to ensure that they are adhered to. Fr example some companies will demand that the vehicle operated by the teen be equipped with Global Positioning System which enables for speed limit monitoring among other things.
It is however important to point out that even with these discounts are only available as a reward to the students who shows some level of responsibility on the roads and therefore one will need to drive carefully and have a good record as far as past driving is concerned. The different discounts available to students fall under different categories and it will be important to check out on the one that best suits your needs in order to save some money while enjoying the peace of mind that results from being insured.
Below are some of the available student car insurance policy discounts:
Resident student discount: This kind of car insurance discount is tailored to benefit students who are away at school. This simply means that due to their residence in schools, accessibility to cars is minimized and only has to drive regularly. It is however important for such a student to be listed under their parents policy since there are chances that they will be driving during the vacations or when they go home. One will however be required to verify their status when looking for this policy with different insurance companies requiring different types of verifications.
Good student discount: This discount is available for those students who perform well in their studies. Many insurance companies offering this discount normally do it assuming that well performing students are also good and responsible drivers. Different insurance providers normally have different requirements although there are basic rules which govern the provision of this discount. For one to benefit from this offer, they must be licensed drivers aged between 16 and 25 years. It is also required that the beneficiaries of this discount should achieve a grade of 3.0 and above. One will also need to be studying full time in a high school or have 12 credit hours or more if a college student. Those homeschooling can also benefit as long as they have proper documentation.
Teen driver monitoring discount is another discount offered by numerous providers for students within the teen age bracket. Some companies however have stringent requirements before giving out this discount and one will need to ensure that they are adhered to. Fr example some companies will demand that the vehicle operated by the teen be equipped with Global Positioning System which enables for speed limit monitoring among other things.
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