Smart Auto Insurance Blog

Below are some helpful tips for students heading off to college for the new school year, obtained from insurance.com’s press release on prnewswire.com.  College students are always looking for ways to save money and by following these tips you are sure to save.  With 18-22 year olds paying on average $1808 for auto insurance quotes, it’s important to find other ways to save money. 

If taking your car to school, be sure to purchase a parking permit.  This is usually much more convenient than dealing with the hassel of finding appropriate parking and avoiding tickets that can add up in the long run.  Choose a car that is less expensive to insure, including smaller, used cars.  Keep your driving record clean, which will have a huge effect on your auto insurance rates.  Do your best to earn a good student discount that many auto insurance companies offer.  Be sure to manage your new credit cards wisely.  As an 18 year old you are allowed to obtain credit in just your name, but it’s crucial to make payments on time and keep debt levels down because your credit rating affects your auto insurance rates as well. 

It may seem overwhelming to fully understand the world of owning a car, but by educating yourself you will no doubt save time and money over your four years at college.

According to the article “Car Insurance Providers Lower Rates for Back to School” by Trey Augusta on huliq.com, auto insurance companies are in price wars as they compete to win student auto insurance policies.

As high school and college students get ready to head back to school, parents are reviewing their auto insurance policies.  This is causing many auto insurance companies to lower their rates to win the business of these students.  Auto insurance rates are revised daily and with all of the variables that go into determining an auto insurance quote a new school year often brings changes to a particular auto insurance policy price. 

Shop around to see if your student is eligible for a cheaper auto insurance.  It may surprise you that your older, more experienced, good student driver qualifies for a better rate.