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How Students Can Save Money on Auto Insurance

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Ways Students Lower Their Car Insurance Costs 

Between textbooks and tuition fees, it’s likely that any student funds you have are quickly depleted each year. When you look at what you’re left with, you may find that there is little left for auto insurance. Fortunately, car coverage doesn’t have to cost the earth and you don’t have to turn to the bank of mom and dad. Here are a few easy ways students can save money on auto insurance.  

Maintain good grades

Many insurance companies offer “good student discounts” to students doing well in school. This is because it’s statistically proven that students with higher grades are less likely to get into car accidents. To qualify, you must maintain a 3.0 GPA or be on the honor roll/dean’s list. You must also be in full-time education and be under the age of 25.

Choose your car wisely

Quite simply, high-end, luxury cars are going to cost more to insure than safe, heavy, slow vehicles. While it’s important to get a car you can afford, make sure you shop with the added cost of insurance in mind.

Get the right coverage

It may be tempting to get the bare minimum coverage to save money every month, but you can run the risk of not having enough money to cover an accident if the worst does happen. Be realistic about what you need and talk to a trusted insurance expert to help you determine your needs.

Check your credit

Did you know that your credit score impacts your auto insurance premiums? A clean credit history can give you lower premiums, so it’s well worth reviewing your history to ensure there are no mistakes. If you don’t have a credit history, ask your parents to help build some up.

Take a course

Passing a defensive driving class helps to lower your auto insurance premium. Not only will you save money, but you’ll be more prepared to face situations on the road.

To help keep you safe on the roads, Hoffman Brown Company can assist in securing affordable auto insuranceContact us today to get started on your tailored policy!