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Student discounts for auto insurance are available throughout the United States as long as the student meets or exceeds certain eligibility requirements put in place by the insurance company and if they offer discounts. Not every insurance agency will offer the discounts.
The Policy Source serves residents throughout the Austin, TX area and can help parents and college students determine whether or not they are eligible for the student discount programs. Programs range from insurance company to insurance company so it is important to thoroughly review your options.
High school and college students who are under the age of 25 years may be eligible for a student driver discount if they meet the following requirements:
- Maintain a B average or higher
- Maintain a 3.6 GPA out of a 4.0 or higher
- Rank in the upper one-fifth of their class
- Make the Dean’s list or are enrolled in the National Honor Society
The guidelines are slightly different from company to company. If you are wondering whether you or your student may qualify for a student discount, talk to your agent to have your policy reviewed and updated.
At the Policy Source, residents who live in and around Austin, TX can call the office and discuss potential discount programs for students who are eligible. The agents can go over the student’s information and the family’s information to determine what type of discounts are available. The fact is student driver discounts can prove to be beneficial even after the student graduates, working to establish a good driving record that may make the driver eligible for even more later. Call the agents at the Policy Source if you live in the Austin, TX area to find out if your student qualifies for the student driver discount.