{"id":1068,"date":"2016-08-24T12:52:03","date_gmt":"2016-08-24T12:52:03","guid":{"rendered":"https:\/\/veloxinsurance.com\/blog\/?p=1068"},"modified":"2023-10-10T16:04:26","modified_gmt":"2023-10-10T16:04:26","slug":"car-insurance-need-not-be-expensive-for-students","status":"publish","type":"post","link":"https:\/\/veloxinsurance.com\/blog\/car-insurance-need-not-be-expensive-for-students\/","title":{"rendered":"Car Insurance Need Not Be Expensive For Students"},"content":{"rendered":"

There?s a mix of excitement and dread when your child becomes eligible for his road test. You feel excited because you will no longer have to drive him or her around. And dread because you?re worried about their safety and not exactly sure how much the insurance will cost. Car insurance for students isn’t going to be cheap, but there?s a lot we can do to reduce the expenses.<\/p>\n

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Car insurance may cost 80% more on average when a teenage driver is added to the family policy. Aside from that, gender is also a factor. Boys are more expensive to insure than girls ? with about 90% to 60%, respectively. And these costs vary depending on the place of residence.<\/p>\n

Although this is the case for student car insurance, there are steps in which you can lessen its costs. As a student, they may qualify for discounts such as:<\/p>\n

Early Bird Discount<\/h2>\n

This discount is something that you should take advantage of. However, it is very time-sensitive. If you?re buying a new car insurance before your existing policy has expired, insurers may give you a discount for not procrastinating.<\/p>\n

Resident Student Discount<\/h2>\n

You can be eligible for a resident student discount if your child only drives the car when they?re home for a break. This is recommended particularly for those students who go to school away from home.<\/p>\n

Multiple Policy Discount<\/h2>\n

Consider buying other types of insurance from the same insurer. For example, if you need home insurance<\/a>, getting a policy from the same company you bought an auto insurance policy from will make you eligible for a discount.<\/p>\n

Other Discounts<\/h2>\n

There are other discounts available for students:<\/p>\n