How Getting Good Grades Can Result in Cheaper Car Insurance Rates For Teenagers
Teenagers, and their parents, are at a huge disadvantages when it comes to getting cheap car insurance.
Because younger drivers historically tend to get info auto accidents more frequently than other driving groups, auto insurance companies typically tend to charge expensive premiums on car insurance for teenagers.
That being said, most auto insurance companies provide a hefty discount for drivers to do well in school.
The specific program is usually called the "Good Student Discount" or something similar.
To qualify for this discount, teenage drivers generally just have to maintain a B average in high school.
If you or your teenager is on the borderline, make the extra effort to get that B average.
Car insurance companies regularly give out 5-10% discounts of getting good grades.
And when you are at the top bracket in terms of policy prices, this discount can translate into hundreds of dollars.
Auto insurance companies give out this reduction because they see drivers who maintain good grades as being more mature, and therefore a less risky driver.
The really cool thing about the Good Student discounts is that in order to get it, all you basically have to do is show your insurance agent a copy of your last report card.
He'll photocopy it, make a notation on your policy, and you'll immediately get the savings.
And if you or your teenager just doesn't currently have the grades to secure this amazing discount, make it a goal to get to the B average.
Besides being able to save some money, another byproduct of being successful is that you'll have better grades.
Your path to getting cheaper car insurance rates for teenagers should by investigating whether or not your insurance company offers a special price reduction for drivers who maintain good grades at school (and if your insurance company doesn't offer this program, you may want to look into other insurance options).
Getting good grades takes hard work, and that hard work can be rewarded by saving on your auto insurance bill.
Because younger drivers historically tend to get info auto accidents more frequently than other driving groups, auto insurance companies typically tend to charge expensive premiums on car insurance for teenagers.
That being said, most auto insurance companies provide a hefty discount for drivers to do well in school.
The specific program is usually called the "Good Student Discount" or something similar.
To qualify for this discount, teenage drivers generally just have to maintain a B average in high school.
If you or your teenager is on the borderline, make the extra effort to get that B average.
Car insurance companies regularly give out 5-10% discounts of getting good grades.
And when you are at the top bracket in terms of policy prices, this discount can translate into hundreds of dollars.
Auto insurance companies give out this reduction because they see drivers who maintain good grades as being more mature, and therefore a less risky driver.
The really cool thing about the Good Student discounts is that in order to get it, all you basically have to do is show your insurance agent a copy of your last report card.
He'll photocopy it, make a notation on your policy, and you'll immediately get the savings.
And if you or your teenager just doesn't currently have the grades to secure this amazing discount, make it a goal to get to the B average.
Besides being able to save some money, another byproduct of being successful is that you'll have better grades.
Your path to getting cheaper car insurance rates for teenagers should by investigating whether or not your insurance company offers a special price reduction for drivers who maintain good grades at school (and if your insurance company doesn't offer this program, you may want to look into other insurance options).
Getting good grades takes hard work, and that hard work can be rewarded by saving on your auto insurance bill.