Best Car Insurance For College Students
Finding the best car insurance for college students at the lowest possible price can be a challenge. Drivers under the age of 25 are some of the highest risk drivers on the road with speeding and accident rates much higher than other age groups. This results in higher auto insurance rates for younger drivers.
Esurance, a direct–to–consumer personal insurance company, is currently offering students and alumni living in the states of Arizona, Colorado, Oregon, and Utah, savings of up to 15%, which may make their policies the best car insurance for college students.
To qualify, the individual must be a student or alumni of one of the following Pac-12 Conference schools: Arizona State University, Oregon State University, University of Colorado Boulder, University of Arizona, University of Oregon, and the University of Utah.
About Esurance
Esurance, which was recently bought by Allstate, is the official car insurance of the Pac-12 conference. Esurance is the third largest provider of online U.S. auto insurance quotes and tends to target the younger demographic. In the insurance industry, customer retention is key and by attracting customers at a young age, the company hopes they will be life long customers.
Esurance is not alone in targeting University students and alumni. Liberty Mutual has partnered with various University alumni associations to offer discounts, among other companies.
Tips for College Drivers
Usually the best car insurance for college students is to be put on your parents' insurance policy. Even if the student only pays their portion, the savings will likely be substantial. Teen insurance rates can be very high.
Another option for a college student is to only activate your policy when they know they will be driving. For example, if a college student only drivers during the winter holidays and summer break, they can activate their coverage only when needed. This helps to avoid paying for insurance year round.
However, this should be done with caution as you cannot back date policy coverage. If vehicle damage or theft occurs in a period without insurance, there will be no coverage for the losses.
Of course, driving safely is one of the best ways to keep your insurance rates down. See our article on Tips For Teen Driving Safety to help minimize your chance of being in an accident.
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At BestCarInsuranceCompanies.net, our goal is to help you find the best car insurance for college students at the lowest possible prices. We auto insurance coverage from leading insurers in all 50 states, including Esurance in many states. Simply enter your zip code to get started. You can compare rates and get the coverage you need at a price you can afford.
