Student Auto Insurance

High school and college students today have to deal with a lot of potentially serious and dangerous situations. Car accidents, binge-drinking, drug and alcohol addiction and unplanned pregnancies make for a potent mix of significantly life-altering experiences. Students and their parents need to have an honest discussion about these and other possibly harmful circumstances and work together on how best to avoid them.

When deciding on student auto insurance, many parents choose to keep their student driver on their own personal insurance policy. This allows the parents to choose the coverage which they think is best for their child and also keeps the financial burden of the insurance payments off of the young driver.

Parents should include their teenage driver in the discussion when deciding on student auto insurance. It is important for any new driver to become familiar with the different kinds of insurance available and also to understand the serious responsibility of being behind the wheel. Normally, full insurance coverage will contain collision and comprehensive coverage to protect the value of the automobile as well as providing bodily protection for the driver and passengers in the event of an accident.

The deductible amount for collision coverage is what the policyholder has to pay out-of-pocket if they are ruled liable for the accident. Usually, a high deductible amount equals a lower monthly payment. A policy with a low deductible amount will have a higher premium cost. Comprehensive coverage for student auto insurance provides full coverage for natural disasters, vandalism, and other situations not covered by standard collision coverage.

It's a good idea for parents to introduce their teenage driver to their personal insurance agent. Each state has its own requirements regarding the minimum amount of insurance coverage a driver must carry to legally operate a vehicle in that specific state. Insurance agents are specially trained and licensed and can make sure that the coverage you select is adequate for your needs.

Good agents also know how to talk with young drivers and can give them the facts and information they need to know to help them become safe and responsible drivers. Most states offer defensive driving courses for teenagers and young adults. Many insurance companies offer a student auto insurance policy discount if a teenage driver completes a driver's education course from a licensed and authorized company.

Good Student Discount

Research has shown that students who do well in school tend to be more responsible drivers and have fewer accidents. For this reason, most auto insurance companies offer a good student discount to full-time high school and college students who maintain a 3.0 GPA and/or are on the Honor Roll or Dean's List. The specific requirements vary from state to state but proof of academic excellence must be provided, either in the form of an official transcript or report card.

Safe Cars for Teenagers

Having a young, inexperienced driver in the family can be a worrying and stressful situation for any parent. One of the best things you can do for your teenager is to insist that they drive a safe car. Whether you are purchasing a new or used vehicle, there are some important guidelines you should be aware of and follow before putting your new driver behind the wheel.

Teen Auto Insurance

Each state has its own set of teen driver laws so it is important for you and your teenage driver to know and understand the specific rules and regulations for where you live. Consider the following facts:

  • New drivers are 50% more likely to be involved in a crash in their first month behind the wheel than after a full year of driving.
  • New drivers are twice as likely to have an accident during their first month of driving as after two years of driving experience.

This data suggests that practice and behind-the-wheel experience are the biggest factors in developing safe driving habits.