Auto Insurance for College Students

Your kids going away to college is a major turning point both in the life of the student, and their parent. This can also be a very scary point in the lives of parents and their young students. Although you won’t be able to be there for them at every roadblock, but you can still ensure that they are safe and protected while they are away.

A few decades ago, not many people would bring their cars with them to college, but times are changing, and it’s an every growing trend to bring your vehicle along with you. More and more students are forced to work during their semesters at school just to be able to afford the next semester of schooling.

Your child may be going away to school, but as you know, they still have a lot to learn. And you should plan accordingly. You never know what activities your student will be getting into, if they’ll be drinking, or who they’ll be driving with. These can all be scary thoughts, but you should set some time aside before they leave to discuss these things. The greatest protection a student has from an accident, is proper driving education. Make sure you discuss with your student the dangers of drinking and driving, staying alert on the long drives from and back to home, and other dangers associated with driving.

It’s also important that you look over your auto insurance policy before they leave. For example, some policies may not provide coverage if they are living in another state where their university campus is located. This is just one common example. Some policies may have strange terms and conditions, it’s important to be aware of what exactly they are.
car insurance for college students

Is Car Insurance For Students Expensive?

Rates for college student car insurance can fluctuate considerably from one insurer to another. It’s so quite essential that you simply shop about for an insurance plan that will supply you with sufficient coverage without really breaking the bank.

Your prices will be most impacted by the place of the auto – whether or not you bring your automobile beside you to campus. Whereas if you really have the automobile on campus on you, your rates will probably grow, should you just drive it during breaks and leave it at home, your rates will probably drop considerably.

Some of the variables which may affect your rates include:

Your age and gender: Males are statistically more inclined to be involved in accidents from age 18 to 25, so premiums are generally higher for males than for females.

The make and model of your car: The more precious your auto, the more it will cost to ensure. Additionally, the type of car you’re driving can moreover affect your rates. A sports car, for example, will normally be more expensive to ensure than will a family sedan.

Your credit rating: Auto insurance companies typically offer lower rates to their customers with good credit ratings. College students often do not have established credit yet and thus frequently pay higher rates. You can establish credit throughout the time you’re young by having a parent add you as an authorized signer on a charge card.

What Type Of Car Insurance Do College Kids Need?

All states require that you purchase liability insurance for your car. So, this is something that you will have to purchase by law. Liability insurance will pay for third party damage which was mentioned in the example above. Apart from liability insurance, it might also be a good idea to consider collision coverage. This will mean that you have to pay added premiums but the insurance policy will be able to pay for repairs to your car if it becomes damaged from an accident.

As a college student, you should also consider buying theft coverage as the sad truth is that college campuses are notoriously known for many car thefts. It will be a horrible feeling to walk up to where you car should have been only to find it gone forever. Theft coverage will allow you to recover from that loss easily.

Choosing A Policy For College Kids

Be sure to evaluate your choices in terms of which firm and strategy to choose. You may want to get a little more coverage than the minimum required by law (which varies by state), but you probably don’t need that extensive strategy the firm is trying to sell you. It might sound repetitive, but do your homework. Be honest with yourself as to how great a driver you are and how likely you are to get into an accident.

These really are the fundamental insurance amounts:

  1. Liability Coverage: This protects you in the event you get into an accident and you were at fault. Damages to the other car and any medical bills or other expenses that the injured party claims are covered. Liability doesn’t cover you or your own car.
  2. Crash/Collision Coverage: When it is totaled this covers your car for any repairs it might need, or for its cash replacement.
  3. Comprehensive: This pays for repairs or replacement of your vehicle if it’s stolen or damaged in a fire, flood or high winds (and any other natural disasters you can think of).

Remember that, although you might be covered, your rates continue to be subject to change should you get into an injury. Your best option is really to keep a clean driving record.

Ways To Save On Auto Insurance For College Students

There are 3 ways to save on auto insurance for your student: discounts, pay-per-mile coverage, and multiple quotes.  (Note, if you are an international student or parent of an international student, read our guide on getting auto insurance in the United States here.)

In the United States, college is without a doubt,the most expensive investment you’ll ever make in your child’s life. Luckily, there is a way to save a little money by getting cheaper auto insurance rates for your son or daughter. Full-time students can qualify for discounted rates, that others don’t have access to. All you have to do is ask your auto insurance agent, or answer the question accurately after entering your zip code above in our quote comparison tool.  But first, let’s talk about the three methods to save money on auto insurance for your college student:

college student auto insurance

Getting auto insurance for a college student does not have to be expensive. Read more about car insurance for college students here.

College Auto Insurance Discounts

Discounts for college students are everywhere to be found. One of the most popular and sought after discount is the “good grade discount” given to good students.  Most insurance companies will give discounts to college students that have at least a 3.0 GPA.  These discounts usually amount to be 10-20% off your current rates.  Note that most insurance companies look at grades from your m0st recent semester to determine whether or not you qualify for the good student discount.

College Pay Per Mile Auto Insurance

Pay-per-mile insurance charges you based on how many miles you drive each month. If your student lives on campus, encourage them to leave their vehicle parked, using it only in extreme situations. This can lead to huge savings on the months that they aren’t driving home to visit friends and family. If their school is rather close, the drive home may not even make a difference. Not all companies offer these discounts, but it’s worth looking into.

Comparing Auto Insurance Quotes For College Students

To get cheaper insurance for a college student, the best thing to do is to shop around a lot.  And when I say “a lot”, I mean that you should spend an entire week getting quoted by every insurer you can find.  Each time you get a quote, you should jot down the rates and details of the policy.  After comparing quotes from a number of providers, only then can you be confident that you are getting the cheapest rates possible.

At, we understand that the best way to save on insuring your soon-to-be student is to shop around for the best deals. Entering your zip code above will provide you with quotes from dozens of different companies, all with policies that match your specific needs to a T. Making sure your child is protected, even when you aren’t physically there, has never been easier.  Enter your zip code about to start getting quotes from the best insurance providers.


  Comments: 1

  1. Cheap auto insurance for college students really isn’t possible. For one, young drivers are too young to get insurance at a cheap rate. Unless you are a 35 year old college student who decided to go back to school at an old age to enjoy the young women, you probably won’t find cheap rates. The reason for this is that insurance companies view young drivers to be “high risk” and therefore won’t give them cheap quotes. Car insurance rates really don’t drop until you are 25+.

    So, if you are a college student and want to get the best possible rates (it’s still going to be expensive), you should get your state’s minimum required liability coverage (or whatever your state requires), and THAT is it. Get the insurance that is minimum. (But don’t blame me if you get into an accident and can’t afford the payments)…

    Even if you get the lowest possible coverage, auto insurance for a college student in the United States still will probably cost you around $1500 to $2500 per year… and this is with the basic, bare-bones coverage.

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