College Student Car Insurance

Cheaper Rates Today

Car Insurance for College Students

  • Compare cheap car insurance quotes for college students
  • Get the cheapest car insurance from top companies like Allstate, Progressive, and more!
  • College students save hundreds a year on your car insurance.

College Student Car Insurance

Cheaper Rates Today

Car Insurance for College Students

  • Compare cheap car insurance quotes for college students
  • Get the cheapest car insurance from top companies like Allstate, Progressive, and more!
  • College students save hundreds a year on your car insurance.

Car Insurance for College Students

This page answers 10 must-know FAQs about college student car insurance. You’ll find this information helpful if you or someone in your family is (or will be) a college student driver.

College is an exciting and busy time for many lucky teens. Why should purchasing car insurance be a problem? Not that car insurance for young drivers is cheap, but a little information can go a long way when it comes to saving money on car insurance.

Here are the ten most frequently asked questions regarding car insurance for college students.

What are the best companies for college student car insurance?

Almost all car insurance companies in America are willing to write policies for college student drivers, although many carriers will not insure drivers with no prior insurance. However, some car insurance companies feature special discounts for college students. Overall, most drivers are able to get auto insurance policies. The question is the cost.

When it comes to car insurance for college students, there are some companies that tend to offer better rates and coverage options.

Geico is often recommended for college students due to its good rates and simple online application process. Geico offers good discounts for students, including good student discounts and multi-policy discounts if your parents also have insurance with them. They have a wide range of coverage options to choose from.

Progressive is another good option for college students. They offer a good student discount of up to 25% and have a reputation for being competitive on rates. Their policies are flexible and customizable, so you can choose the right coverage level for your needs and budget. They also have many online tools to manage your policy and pay your bill.

State Farm also tends to offer affordable rates for college students, especially if your parents already have a policy with them. They offer a good student discount of up to 25% and have many coverage options. State Farm has a large agent network, so you may be able to work with an agent you already know if your parents use them.

Allstate and Farmers are two other major insurance companies that tend to offer competitive rates for college students. They both offer good student discounts and flexible coverage options. Shopping around with multiple insurance providers is always a good idea to find the best rates. Make sure to check what discounts you may qualify for based on your student status and driving record.

Is car insurance pricier for college students than for other drivers?

Car insurance rates for college students tend to be higher compared to other drivers for several reasons.

The main factor is risk. Insurance companies view young drivers, especially college-age individuals, as higher risk. College students tend to be inexperienced, drive high-performance vehicles, and engage in riskier driving behaviors like speeding, distracted driving, and driving under the influence. This leads to more accidents and claims, so insurers charge higher premiums to offset that risk.

Age is another factor. Younger drivers under 25 years old generally pay higher rates because they lack years of safe driving history that can lower premiums. College students also tend to be unestablished, so they have fewer assets and less at stake financially if they are sued following an accident.

Living situation also impacts rates. Students who live away from their parents for college often face higher premiums because they no longer qualify for multi-vehicle or multi-line discounts their parents may receive. Driving long distances between home and school can also raise rates.

Vehicle choice matters as well. Students who drive sportier cars like sports cars tend to see higher premiums than those who opt for more practical, economical vehicles. The type of coverage, like a higher liability limit, can also increase costs for college students.

Is college student car insurance cheaper than for people of the same age who are not in college?

College student car insurance is often cheaper than for people of the same age who are not in college. There are a few main reasons for this.

First, insurance companies see college students as lower risk. Statistics show that college students tend to drive fewer miles and get into fewer accidents than their non-student peers. Driving less means fewer chances for an accident to occur.

Second, college students often have more structured schedules with less late night driving. They tend to follow routines of going to class, studying, and attending campus events. This predictable schedule makes them lower risk in the eyes of insurers.

Third, many college students still rely on their parents for financial support. Since they have less disposable income, they may drive older, less expensive vehicles that cost less to insure. Insurance rates are based partly on the make, model, and value of the vehicle.

Finally, some insurance companies offer good student discounts for college students. Students with a B average or higher can often qualify. Insurers see high-achieving students as more responsible and less likely to file insurance claims. The discount can provide significant savings.

Can college students be added onto their parents’ policies?

Many college students wonder if they can stay on their parents’ car insurance policies while they are away at school. The good news is that in most cases, yes, college students can remain on their parents’ auto insurance. There are a few factors to keep in mind:

Most auto insurance companies allow young drivers to stay on their parents’ policies until they turn 25 or 26 years old. Some may charge a slightly higher premium to cover additional young drivers. Parents should check with their insurance provider to confirm their specific policy terms.

As long as the student lists their college address as an additional address on the parents’ policy, coverage should extend to when the student is driving to and from school, as well as while at school. The student’s car will also be covered while parked at their college residence.

Students should be added to their parents’ policy as an additional rated driver. The insurance company will need to know information like the student’s name, date of birth, driver’s license number, and the make, model and VIN number of the student’s vehicle.

In most cases, as long as the student maintains good grades and does not get any tickets or into accidents, keeping them on their parents’ policy can be cheaper than the student getting their own insurance plan. However, insurance rates do tend to go up once a young driver turns 25.

What is the average annual premium on college student car insurance?

The average annual premium for college student car insurance can vary significantly based on factors like the student’s age, driving record, vehicle, location, and more. In general, young drivers under 25 years old, especially college students, tend to pay higher rates due to their inexperience and higher risk of accidents.

The average annual premium for college student car insurance likely falls in the range of $1,500 to $3,500, though rates could be lower for more experienced students with clean driving records and higher for younger drivers with violations. The best way for students to save on coverage is to shop around with multiple insurers and compare rates based on their specific situation.

State Average Annual Premium for Ages 18-24 Average Overall Premium
Alabama$4,692 $1,529
Alaska$3,144 $1,605
Arizona$4,468 $1,222
Arkansas$6,792 $1,399
California$6,177 $1,962
Colorado$4,792 $1,558
Connecticut$7,964 $1,638
Delaware$8,716 $1,580
Florida$4,278 $1,830
Georgia $4,732 $2,201
Hawaii$900 $1,400
Idaho$3,309 $1,053
Illinois$6,279 $1,370
Indiana$3,330 $1,202
Iowa$4,248 $1,058
Kansas$4,680 $1,358
Kentucky$9,807 $1,503
Louisiana$11,176 $1,971
Maine$3,188 $964
Maryland$9,252 $1,810
Massachusetts$4,076 $1,604
Michigan $11,271 $2,551
Minnesota$3,366 $1,360
Mississippi $3,978 $1,385
Missouri$3,784 $1,207
Montana$4,656 $2,013
Nebraska$3,927 $1,317
Nevada$7,208 $1,388
New Hampshire$4,335 $983
New Jersey$9,048 $1,905
New Mexico$5,504 $1,371
New York$6,216 $1,173
North Carolina $1,953 $1,060
North Dakota $5,244 $1,710
Ohio$3,352 $926
Oklahoma$7,464 $1,568
Oregon$5,024 $1,333
Pennsylvania$10,208 $1,440
Rhode Island$8,000 $2,020
South Carolina$2,752 $1,316
South Dakota$4,320 $1,557
Tennessee$4,092 $1,397
Texas$4,068 $1,620
Utah$4,827 $1,192
Vermont$3,432 $1,149
Virginia$3,471 $1,114
Washington $6,000 $1,499
West Virginia$6,088 $2,518
Wisconsin$7,227 $1,087
Wyoming$3,738 $1,541

What factors affect the cost of college student car insurance?

Some key factors that affect college student car insurance premiums include:

Age: Younger drivers typically pay higher premiums. Rates typically decline as students get older and gain more experience behind the wheel.

Driving record: Any traffic violations, speeding tickets, or accidents on the student’s driving record will increase premium costs significantly. Students with clean driving histories will pay lower rates.

Vehicle: More expensive vehicles and sports cars tend to have higher insurance costs due to the higher costs of repairs and parts.

Location: Car insurance rates vary significantly by location due to factors like the cost of living, rates of theft and accidents, and state regulations.

Coverage levels: Choosing higher liability limits and adding optional coverage like collision and comprehensive will increase premiums.

Credit score: In some states, insurance companies can use an applicant’s credit-based insurance score to set premiums. Generally, those with better credit scores qualify for lower rates.

How can we minimize cost of college student car insurance premiums?

There are several ways students can minimize the cost of their car insurance premiums. First and foremost, a good student discount is available. Most insurers offer discounts of 15% to 25% for students who maintain a B average or higher. Request a good student discount from your insurer to see if you qualify.

Another way to save is to increase your deductible. The higher your deductible, the lower your premium will be. Opt for the highest deductible you can afford, ideally $1,000 or more. You’ll only have to pay the deductible if you make a claim, so the risk is relatively low for students who don’t have many accidents.

You should also consider bundling your insurance policies. Some insurers offer discounts if you buy homeowners or renters insurance from them as well as your auto insurance. This can save you 5% to 10% on your premiums.

Removing non-essential coverage like collision and comprehensive is another option. These options mainly cover the vehicle itself, not liability for damaging others’ property. If your car is older, these options may not be worth keeping. Speak to your insurer about removing them.

Finally, take any defensive driving courses your insurer offers. Completing these courses can lead to premium discounts of 5% to 8%. The course may even be free through your insurer. Just a single course could save you over $100 per year.

What types of auto insurance do college students need?

As a college student, you have unique auto insurance needs. Here are the main types of coverage you should consider:

Liability insurance: This covers damages you cause to others in an accident. It pays for injuries to others and damage to their property. This is the minimum required insurance in most states. As a young driver, you’ll likely pay higher premiums for liability coverage.

Collision coverage: This covers damage to your own vehicle from a collision with another vehicle or object. It’s optional but wise for college students, who tend to have older, less expensive cars. Repair costs can easily exceed the value of your vehicle.

Comprehensive coverage: This covers damage from things other than collisions, like theft, vandalism, falling objects, fire, floods, and contact with animals. Again, it’s optional but smart for college students given the risks.

Medical payments coverage: This pays medical bills for you and your passengers after an accident, regardless of fault. It can help cover costs your health insurance won’t. It’s a low-cost option worth considering.

Uninsured/underinsured motorist coverage: This pays for injuries and property damage caused by drivers with no insurance or not enough coverage. Given the number of uninsured drivers on the road, this coverage is highly recommended for college students.

Beyond the basics, add-on options like rental reimbursement, roadside assistance, and gap insurance can provide extra peace of mind for a relatively low cost. Shop around and compare rates from multiple insurers to find the best coverage at the most affordable price for your needs as a college student.

How does car insurance work for a college student who lives out of state?

Car insurance for college students can be tricky, especially if you are living away from home. Here are some things to keep in mind:

First, you will likely need to update your insurance to reflect your new location. Most insurance policies require you to notify them of any address changes, so let your provider know your school’s address.

If you are on your parents’ insurance plan, check if they allow you to be insured at two locations. Some companies let you add a secondary address, which is useful for college students. This can help keep premiums lower since you are still covered under your parents’ policy.

If you are on your own insurance plan, you’ll need to switch your primary address to your school’s location. However, your out-of-state location may impact your rates. Insurance companies often charge higher premiums for locations they consider riskier.

You may also consider getting a student discount. Many insurance companies offer lower rates for full-time students. Be sure to ask your provider about any student discounts when updating your information.

Finally, store your car at home if possible. Insurance rates are often based on where your car is garaged most of the time. If your car stays with your parents during the school year, you may be able to keep your original in-state rates.

What are some safe driving habits college student drivers should acquire?

Exercising safe driving habits is the best possible way to avoid collisions and will also keep your premium rates as low as they can go.

Here are ten crucial safe driving habits that college student drivers must learn, if they ever expect to get a break on college student car insurance:

  1. Demonstrate Defensive Driving: College students can earn a discount by completing a defensive driving course. These courses are offered by DMVs all across America.
  2. Avoid Distracted Driving: Put your cell phone, head phones, and ear buds away while driving. It isn’t even a good idea to use a speaker phone, although that may be legal. Minimize your passengers. Don’t drive when you are tired. Keep your eyes on the road, and always remain alert.
  3. Assume the Worst of Other Drivers: Tell yourself the other driver is going to do something insane or illegal. This will prevent you from taking too many chances on the road. Also, keep your car a good distance away from drivers who seem to be driving erratically.
  4. ALWAYS Flash Your Turn Signals: This is important to do whenever you intend to turn or change lanes, even if you don’t see any other vehicles on the road. Just make it a habit.
  5. Know Your Blind Spots. Be fully aware of your vehicle’s blind spots and ALWAYS check on them before turning!
  6. Don’t Speed: Speeding kills. You are never in that much of a hurry. When driving in bad weather or passing road hazards, reduce your speed even more.
  7. Don’t Tailgate: Keep a polite distance of several car lengths when driving behind other vehicles. Many cars get rear ended by distracted tailgaters.
  8. Test Safety Features: ALWAYS check your turn signals, lights, seat belts, alarms, brakes, and other devices before starting the vehicle. Make sure all safety features are in good working order.
  9. Get Regular Tune Ups: Proper automobile maintenance will not only keep you safer, but will also help to keep your premium rates low. Remember to get your oil changed. Check on your tire pressure. Listen to the sound of your engine. Have your brakes checked.
  10. Maintain Calm and Courteous Interactions With Other Drivers: When in doubt, let others pass first. If someone cuts you off, don’t reveal any emotion. Most importantly, ALWAYS give way to large vehicles. It’s a simple fact that drivers of larger vehicles would much rather run you down than overturn a big rig, or even worse, a busload of passengers.

A college education is a pricey privilege that not everyone can afford, much like college student car insurance. College students are encouraged to drive safely and with great respect for their wonderful, worrying parents, who are often willing to foot the enormous bill for college, cars, and car insurance.