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9 ways students can pay less for car insurance

Mediafeed Logo By Zack Sigel of Mediafeed | Slide 1 of 10: Car insurance can be pricey, but you have to have it: Every state but two requires drivers to have at least the minimum amount of car insurance. In return, you get financial protection from the risk that you’ll injure a person with your car, damage their car or other property, or that your own car will be damaged or stolen.Car insurance may be especially pricey if you’re a student. That’s because new and young drivers are charged higher rates than older and more experienced drivers. Auto insurance companies have done the math and realized that drivers with less experience are more likely to get into an accident and file a car insurance claim.Luckily, students can get discounts on their car insurance premiums. These are offered directly by the car insurance company to students who can demonstrate that they pose less risk. Such discounts can reduce your premiums or lower your deductible, which could net you a higher payout when you file a claim. Click through to learn more about what car insurance discounts for students are available.

How students can keep their rates low

Car insurance can be pricey, but you have to have it: Every state but two requires drivers to have at least the minimum amount of car insurance. In return, you get financial protection from the risk that you’ll injure a person with your car, damage their car or other property, or that your own car will be damaged or stolen.

Car insurance may be especially pricey if you’re a student. That’s because new and young drivers are charged higher rates than older and more experienced drivers. Auto insurance companies have done the math and realized that drivers with less experience are more likely to get into an accident and file a car insurance claim.

Luckily, students can get discounts on their car insurance premiums. These are offered directly by the car insurance company to students who can demonstrate that they pose less risk. Such discounts can reduce your premiums or lower your deductible, which could net you a higher payout when you file a claim.

Click through to learn more about what car insurance discounts for students are available.

© RyanJLane

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