Can You Buy Cheap Student Auto Insurance?

Can You Buy Cheap Student Auto Insurance?

Most students have no clue as to what things cost in the “real world”, and it is only when they are hit with their first student auto insurance premium that they start to realize how much things cost. If you were lucky as a student, your parents carried you on their insurance policy for as long as they could, but by the time you hit your early twenties, you were on your own. It is only then that most of us begin to realize the cost of car insurance.

Getting inexpensive student auto insurance can be difficult for several reasons. First of all, young people are notoriously bad drivers. This is in part due to their inexperience, and in part due to the fact that we are all a lot more reckless when we are younger. So, car insurance companies put a premium on your age. But, if you are in school, there is a chance that you will get some kind of a discount.

The other reason why student auto insurance is so expensive is because many students don’t have a credit record established yet. Because your insurance premium is based in part on your credit record, the sooner you can start building a high credit score, the cheaper your insurance will eventually be.

Finally, make sure that you buy a sensible car. A young student, especially a male student, with a fast car is a recipe for disaster, and the quickest way to a high insurance premium. So, use the resources that are available online to determine which cars as the most inexpensive to insure and you will have a better chance of getting a lower premium. You may not be driving your dream car, but at least you will be fully insured and legal to drive.