What to Know About Auto Insurance for College Students
You’re headed off to school, but need to secure car insurance before you hit the road. Auto insurance for college students isn’t always easy to obtain and it does come at an expense, but there are plenty of ways to keep more money in your pocket with an affordable plan.
Understand the costs and your options
In the context of this blog, we describe “college students” in the traditional sense, as those who are between 18-23 years old. The average auto insurance cost for drivers in that age range varies, but in almost every case, rates can be higher than for someone who is in their 30’s.
As a general rule, the youngest drivers (16 and 17-year-olds) pay the most of anyone on the road, while the oldest pay the second most (65+).
For college students who need to save for school, books, living arrangements and more, insuring a vehicle can seem like a daunting task. But you’ll be surprised at the value you can receive. For some, it may be possible to stay on your parent’s auto insurance policy, which often allows you to save. But this isn’t always feasible, and if you own your vehicle and the insurance is in your name, you’ll be responsible for the premiums.
Find an affordable and reliable insurer
Auto insurance rates frequently change, just like your life will when you become a college student. The first step toward securing a great deal on car insurance is selecting a trusted auto insurer that provides affordable rates and reliable coverage. Insure on the Spot is an industry-leading insurance provider with years of experiencing insuring college students. We offer some of the lowest rates in Chicago-land so you can spend less on insurance and invest in your education.
We additionally insure all customers. No one is perfect, especially young adults, who may have been involved in an accident or received a ticket. Insure on the Spot believes everyone should have access to quality auto insurance. Likewise, drivers who meet certain criteria will likely be rewarded! Exemplary driving records, good grades and other achievements could all be considered toward your auto insurance cost.
Determine the right auto insurance for you
How will your vehicle be used when you get to college and where is it going? If you’re moving to attend college out of state, make sure to research that state’s minimum auto insurance requirements. Your liability must be enough to meet the standards, which vary by state.
Another consideration for your vehicle insurance could depend on how much you plan to drive the car. Many times, students can walk or take public transportation from their housing to buildings on campus, so there is no need to drive every day. You might be able to receive better coverage if your mileage is under a certain threshold per year.
Finally, understand that where your vehicle will be located could factor into your insurance cost. For example, if you plan to attend school in a highly populated city, the amount you pay may be different than if your school is in a rural community.
Auto Insurance Made Easy for College Students
If you need low payments and an insurance plan that works for your college plans, Insure on the Spot is the solution. Receive a free insurance quote in as little as two minutes. Our team is proud to have served over 1 million Chicago-land families with their auto and SR22 insurance and we can help you too. Contact us today for more information and we’ll work with you to meet your insurance needs.