[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.agilerates.com\/advice\/auto\/car-insurance-for-college-students\/#BlogPosting","mainEntityOfPage":"https:\/\/www.agilerates.com\/advice\/auto\/car-insurance-for-college-students\/","headline":"Car Insurance for College Students","name":"Car Insurance for College Students","description":"Between tuition and textbooks, college isn\u2019t exactly easy on the wallet. Unsurprisingly, dealing with car insurance for your teen isn\u2019t always on the top of the to-do list. But it is important. So let\u2019s review what you need to know to secure the cheapest car insurance for college students. Guide on car insurance for college […]","datePublished":"2022-05-11","dateModified":"2023-07-12","author":{"@type":"Person","@id":"https:\/\/www.agilerates.com\/author\/mark-romero\/#Person","name":"Mark Romero","url":"https:\/\/www.agilerates.com\/author\/mark-romero\/","image":{"@type":"ImageObject","@id":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Mark-Romero-150x150.png","url":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/06\/Mark-Romero-150x150.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Agile Rates","logo":{"@type":"ImageObject","@id":"https:\/\/dev.agilerates.com\/wp-content\/uploads\/2019\/11\/unnamed.png","url":"https:\/\/dev.agilerates.com\/wp-content\/uploads\/2019\/11\/unnamed.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/05\/car-insurance-for-college-students.jpg","url":"https:\/\/www.agilerates.com\/wp-content\/uploads\/2022\/05\/car-insurance-for-college-students.jpg","height":1067,"width":1600},"url":"https:\/\/www.agilerates.com\/advice\/auto\/car-insurance-for-college-students\/","about":["Auto","Insurance Advice"],"wordCount":1203,"articleBody":"Between tuition and textbooks, college isn\u2019t exactly easy on the wallet. Unsurprisingly, dealing with car insurance for your teen isn\u2019t always on the top of the to-do list. But it is important. So let\u2019s review what you need to know to secure the cheapest car insurance for college students.Guide on car insurance for college studentsNew to having a college kid on your car insurance policy? Don\u2019t worry; it\u2019s not as complicated as you may think. College students are added to your policy in one of two ways \u2013 either with their car stored at home or school. If your college student needs a car with them at school, the address where the car is housed needs to be your child\u2019s house. If your college student doesn\u2019t need a car at school, you can keep the car at your house and take the coverage down to comprehensive coverage only to save money \u2013 as long as no one is driving the vehicle.What does car insurance for college students cover?Car insurance for college students covers the same things as your car insurance.You can add additional coverage to get the most from your auto insurance plan, like roadside assistance or loan\/lease gap insurance. Roadside assistance provides peace of mind knowing your busy college student won\u2019t be stranded due to unexpected car issues. Loan\/lease gap insurance helps protect you from insuring a brand-new car financed or leased. In the event of an accident, if your car is totaled (deemed a total loss), this coverage pays the difference between the actual cash value of the car and the unpaid balance of the lease or loan. What To ConsiderBefore shopping around for car insurance, it\u2019s best to determine how your college student will use your vehicle. Are they planning to live at home and commute or stay on campus?Whose name is on the car title?If the vehicle’s title is in your college student\u2019s name,  you need to purchase a separate car insurance policy. If the car is titled in your name, you can leave the car on your policy. This is also true if the car title is in both your and your car student\u2019s name.Where will the car be located? College students residing at their parent\u2019s houses still have access to their vehicles, so the insurance rates won\u2019t change. However, if your student is going away to college and not taking their car, you should qualify for a student away discount. Does your college student have a driver’s license or permit?College students with driver’s licenses can keep a car at school. However, if your college student only has a driver’s permit and can’t drive without a licensed driver, the car must remain stored at your house. But you still have car insurance with only a driver’s permit.Do you have to list your college student on your car insurance while they\u2019re away at school?Having a college student on an auto insurance policy is expensive, so it\u2019s not surprising that many parents may want to make some adjustments to their policy once their student has left the nest. However, it\u2019s important to weigh the pros and cons of removing them from a policy.When a student should remain on the policyIf students plan to bring their car to college or commute to a nearby school, they should remain on the policy. There are additional scenarios to consider before removing them:Coverage when they\u2019re home and drivingCoverage when driving a friend\u2019s vehicleAn emergency that requires them to driveAn accident involving another person\u2019s vehicle (whether the student is a passenger, on foot, or on a bikeLosing family premium deductions, such as good student discountsPotentially breaking a record for uninterrupted coverage.When a student should be removed from the policyYour child\u2019s primary residence is your home, so they must be listed on your car insurance policy. You can permanently remove your child once they\u2019ve moved out of your home. If your child has a vehicle titled in their name and insurance policy, you can exclude them from your policy to save money. However, if your child drives one of your vehicles, your insurance policy doesn\u2019t cover them.Can college students get discounts on car insurance?Yes. While car insurance for young drivers is expensive, many companies will offer tons of discounts to lessen the sting. If you\u2019re shopping for the cheapest car insurance for your college student, ask about the discounts available.Popular car insurance discounts for college studentsGood grade discount: many insurance companies offer this discount for unmarried, full-time students (up to the age of 25)Anti-theft discount: take extra steps (like installing a car alarm) to keep the car safe from theft and vandalismResident student discount: if your student\u2019s school is at least 100 miles away (50 miles away for some insurance companies) and your student doesn\u2019t have a car at school, they may be eligible for this discount as you\u2019re not driving as frequently Multiple policy discount: bundle your auto insurance with your home or renters insurance for additional savingsDefensive driver\u2019s course: Your whole family can take a defensive driver\u2019s course to get a discount on your car insurance policy.FAQsWhat car insurance discounts are available for college students?College students are eligible for a good discount if they are in school full-time and maintain a 3.0 grade-point average. If your college student doesn\u2019t have their vehicle at school and the school is at least 50 miles (100 miles for some insurance companies) away, you could also get a student-=away discount.How do you get car insurance discounts for college students?Contact your insurer to see what specific discounts are available for college students. Your provider can also tell you what proof to send to the company so the discount can be added. How much is the average car insurance for college students?Students’ average car insurance rates range from $5,190 (for age 18) to $2,737 (for age 21). Remember: the lower the age, the higher your premium. What is the cheapest car insurance for college students?Remember, individual premiums depend on your age, location, vehicle, and other factors. Get quotes from multiple companies to find the cheapest car insurance for college students. Is it better to put student or employed on your car insurance?If you\u2019re a full-time student (regardless of whether or not you\u2019re working), it\u2019s best to declare \u2018student\u2019 as your occupation so insurers can gauge your premium. While it may be more expensive, it also opens the door to exclusive student discounts. How to compare car insurance for college studentsUnderstanding car insurance for college students may sound stressful, but knowing the factors to consider and familiarizing yourself with discount options can make it easier to mark off your to-do list. And when you get car insurance rates from several companies, you know you\u2019re getting the best deal."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Advice","item":"https:\/\/www.agilerates.com\/advice\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Auto","item":"https:\/\/www.agilerates.com\/advice\/\/auto\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"Car Insurance for College Students","item":"https:\/\/www.agilerates.com\/advice\/auto\/car-insurance-for-college-students\/#breadcrumbitem"}]}]