Usually, the best way to get lower rates for a student is to add their name to an existing car insurance policy. If they own the car themselves or are obviously the primary driver simply adding their name isn’t possible. There are, however some more tips specific to students for lowering car insurance rates. Have a look.

Outrageously high student car insurance rates

A recent survey showed that the average student can expect to shell out anywhere between four and ten thousand dollars a year. Car insurance companies charge these outrageous rates because, of course, new drivers are a much higher risk.

Thinking back to when I was in high-school it’s a wonder any of us were insurable at all. There were however some among us that certainly deserved much lower rates than others. Most of those safer drivers fell into an easy to spot pattern. With a bit of searching you should be able to find a car insurance company that looks for this pattern as well.

Criteria car insurance companies use to determine lower student rates:

This is by no means a complete list of criteria car insurance companies look at to determine rates. These are simply common signs that a student isn’t a hormone enraged psychopath behind the wheel of a death machine.

Lower rates for Grade ‘A’ Students

The majority of insurance companies consider honor roll students to be safer drivers. Perhaps it’s because they have more to live for, or maybe it’s because they’re so busy studying that they don’t have much time for driving dangerously. Whatever the case submitting a report card with a ‘B average could bee all you need to lower your rates.

Extracurricular activities equals safer driver

College students in the Golden Key National Honor Society receive lowered rates from most car insurance companies. Also students that are involved in or are members of fraternities, and student associations like student congress are more likely to receive a discount on their overall premium.

Proximity to school and work Insurance companies figure that any student that owns their own vehicle must have a job. If said job is within a certain distance from home and school you may qualify for a low-mileage discount. This can also include university students that live on campus and therefore don’t need to drive back and forth to school on a regular basis.