Good Student Discounts: How To Save Money On Car Insurance

Young female student with hand raised sitting in a classroom and a lady driving a car wearing a knit cap
Good Student Discounts: How To Save Money On Car Insurance

As a high school or college student, you are always looking for ways to save money. Your car insurance is no exception. Many insurance companies offer good student discounts to help you save on your premiums.

To qualify for a good student discount, certain criteria are required. Most insurers require that you maintain a specific grade point average (GPA) and that you are enrolled in full-time studies. They may also require that you take additional driver education courses.

How To Find Student Discounts

If you’re already a customer of an insurance company, you can usually find information about their discounts on your policy documents or your online account. It’s important to note that not all insurers offer good student discounts. Lucky for you, our agents work with many insurers that do!

The best way to find out if you qualify for a good student discount with Acceptance is by speaking with an agent at one of our 350 neighborhood locations, or by calling 1.800.321.0899. While some insurers advertise their discounts on their websites, it's always best to contact us directly so that we can help you find the best coverage rates.

How Much You Could Save

The amount you’ll save with a good student discount will vary depending on the insurer and any other factors in your insurance policy. However, you could expect to save anywhere from 4% to 20% on your premium.

For example, if you have a $1,000 annual premium and you qualify for a 10% discount, you could save $100. If you have a $1,000 annual premium and you qualify for a 20% discount, you could save $200.

Good student discounts could help you save money on your car insurance, but they’re not the only way. Driving safely, maintaining a good credit score, and comparing quotes from different insurers are just a few other ways you might be able to lower your premium.

Which Coverage Type Is Best For Students?

If you’re a student, the best type of coverage for you will depend on a few factors. First, consider whether you own your car, or if you’re leasing or financing it. If you own your car outright, you may want to consider comprehensive or collision coverage to protect your investment.

If you’re leasing or financing your car, your lender will likely require that you have full coverage insurance. This type of policy includes liability, comprehensive, and collision coverage.

Next, consider how much driving you do. If you only use your car for occasional short trips, you may be able to get by with a minimal amount of coverage. However, if you do a lot of driving, you’ll need to make sure you have enough coverage to protect yourself in the event of an accident.

Finally, consider your budget. Generally speaking, liability coverage is the most affordable type of car insurance. If you’re on a tight budget, this may be the best option for you.

Where Acceptance Comes In

We offer many different types of coverage, including auto insurance for teenagers and high-risk drivers, which are popular among students. For policyholders between the ages of 16 and 24, we offer a student discount based on getting good grades in school. This is a great way for student drivers to save money on their monthly premiums. It's also good motivation to keep up the great work!

If you meet the criteria for a good student discount, be sure to ask about the discount when you are shopping for a policy. Get a no-hassle, free insurance quote from Acceptance today and be sure to ask how you could save on your car insurance!

Common Questions About Student Discounts

Do I Need To Be A Full-Time Student To Qualify?

For most insurers, you need to be enrolled in full-time studies to qualify for a good student discount. Each insurer will require different criteria, so be sure to check with yours.

How Do I Prove That I’m A Good Student?

To prove that you’re a good student, you will need to provide your insurer with a copy of your most recent transcript or report card.

What If My Grades Aren’t Good Enough To Qualify For The Discount?

If your grades aren’t good enough to qualify for the discount, there are other ways to save on your car insurance. You can save by driving safely, maintaining a good credit score, and comparing quotes from different insurers.

DISCLAIMER

As a high school or college student, you are always looking for ways to save money. Your car insurance is no exception. Many insurance companies offer good student discounts to help you save on your premiums.

To qualify for a good student discount, certain criteria are required. Most insurers require that you maintain a specific grade point average (GPA) and that you are enrolled in full-time studies. They may also require that you take additional driver education courses.

How To Find Student Discounts

If you’re already a customer of an insurance company, you can usually find information about their discounts on your policy documents or your online account. It’s important to note that not all insurers offer good student discounts. Lucky for you, our agents work with many insurers that do!

The best way to find out if you qualify for a good student discount with Acceptance is by speaking with an agent at one of our 350 neighborhood locations, or by While some insurers advertise their discounts on their websites, it's always best to contact us directly so that we can help you find the best coverage rates.

How Much You Could Save

The amount you’ll save with a good student discount will vary depending on the insurer and any other factors in your insurance policy. However, you could expect to save anywhere from 4% to 20% on your premium.

For example, if you have a $1,000 annual premium and you qualify for a 10% discount, you could save $100. If you have a $1,000 annual premium and you qualify for a 20% discount, you could save $200.

Good student discounts could help you save money on your car insurance, but they’re not the only way. Driving safely, maintaining a good credit score, and comparing quotes from different insurers are just a few other ways you might be able to lower your premium.

Which Coverage Type Is Best For Students?

If you’re a student, the best type of coverage for you will depend on a few factors. First, consider whether you own your car, or if you’re leasing or financing it. If you own your car outright, you may want to consider comprehensive or collision coverage to protect your investment.

If you’re leasing or financing your car, your lender will likely require that you have full coverage insurance. This type of policy includes liability, comprehensive, and collision coverage.

Next, consider how much driving you do. If you only use your car for occasional short trips, you may be able to get by with a minimal amount of coverage. However, if you do a lot of driving, you’ll need to make sure you have enough coverage to protect yourself in the event of an accident.

Finally, consider your budget. Generally speaking, liability coverage is the most affordable type of car insurance. If you’re on a tight budget, this may be the best option for you.

Where Acceptance Comes In

We offer many different types of coverage, including auto insurance for teenagers and high-risk drivers, which are popular among students. For policyholders between the ages of 16 and 24, we offer a student discount based on getting good grades in school. This is a great way for student drivers to save money on their monthly premiums. It's also good motivation to keep up the great work!

If you meet the criteria for a good student discount, be sure to ask about the discount when you are shopping for a policy. Get a no-hassle, free insurance quote from Acceptance today and be sure to ask how you could save on your car insurance!

Common Questions About Student Discounts

Do I Need To Be A Full-Time Student To Qualify?

For most insurers, you need to be enrolled in full-time studies to qualify for a good student discount. Each insurer will require different criteria, so be sure to check with yours.

How Do I Prove That I’m A Good Student?

To prove that you’re a good student, you will need to provide your insurer with a copy of your most recent transcript or report card.

What If My Grades Aren’t Good Enough To Qualify For The Discount?

If your grades aren’t good enough to qualify for the discount, there are other ways to save on your car insurance. You can save by driving safely, maintaining a good credit score, and comparing quotes from different insurers.

DISCLAIMER

Material in these articles is for general information or entertainment purposes only. Acceptance Insurance does not endorse and is not affiliated with any of the companies or apps listed in this article. Acceptance Insurance is not responsible or liable for the availability of links to websites or resources, or for any content, advertising, products, services or other materials on or available through these websites or resources. Any references to third party rates or products are subject to change without notice. Trademarks are property of their respective owners. Price may vary based on how you buy. Not all products, discounts or payment plans are available in all states or distribution channels. All products described herein are subject to terms and conditions. Discounts subject to terms & conditions. Proof of eligibility may be required to be eligible for discount. Not all applicants may qualify. Information and coverage descriptions are general in nature. Actual coverage depends on the policy. Nothing in this article alters the terms or conditions of any of our policies. Some policies are underwritten by third-party insurers that are not affiliated with Acceptance and are solely responsible for claims. Supplementary coverage options may be added to an insurance policy for an additional cost where applicable. See your agent for more information. Product and features are subject to underwriting criteria.