Best Car Insurance for College Students

Best Car insurance for college students: An overview

A quick way to make yourself popular as a college student is to own a car. You and your friends can get around campus and beyond, so you can make the most of your days spent as a student. A car provides unlimited freedom and is a sure-fire way to impress members of the opposite gender.

However, students are finding maintaining a car increasingly expensive. This is partly because of raising gas prices, but also at the age of 18-21, drivers are not experienced enough in the eyes of insurance companies to be trusted with lower insurance premiums. Therefore they have to pay a lot each year in insurance costs to be able to legally get behind the wheel of their car.

What are the problems college students face with car insurance?

Insurance costs for college students has usually been very high and these costs don't decrease by much until a long time after they've graduated. They are ten times more likely to be responsible for accidents than any age bracket above thirty years old. Insurance companies are put off because college students have a risk taking mentality and a desire to impress their peers, and these characteristics often cause accidents. College students belong to the age group that caused 19% of America's deaths last year. 19% of last years deaths in the US were caused by 18-23 year old driving recklessly.

Last year the cost of car insurance for college students was between $1500 and $4500, an extraordinary amount of money to pay compared to more experienced drivers. Part of the reason why costs are so high beyond the aforementioned reasons is that college students do not always have to take additional road courses and they are allowed to carry as many passengers as the car allows them to, and can carry their cell phones in the car.

How to find the best car insurance for college students

To pay the minimal amount for car insurance, college students and their families should consider the following factors

1. Maintain a good GPA score. Those with a score of over 3.0 are more likely to receive lower car insurance. Insurance companies see responsible students as responsible drivers.
2. Make sure you have a clean driving record from the moment you become qualified. To save money year on year, avoid reckless driving or speeding. This will lower the chances of getting into an accident, so by the time you reach college your insurance costs will have lowered significantly.
3. Insurance companies will give discounts to students who live close to their college campus, since they will spend less time on the road. Conversely they will raise costs if the student lives only a 100 miles or so away from their parents house, as it will encourage them to drive home. If you have to fly to get to your college, then you will be charged less on car insurance. – Enroll in road education courses. If you do well in them, your insurance costs will lower as a result.
4. Drive an inexpensive car with low horse power. This will reduce the chances of having an accident and therefore insurance companies will charge you less.