Do your kids get good grades? You may be eligible for a discount with your insurance provider.
The WSJ recently wrote:
...don't be shy about touting your child's grades to your insurer. Most companies offer "good student" discounts. For instance, State Farm takes 9% to 35% off a premium, depending on the student's gender and whether he or she is kept on the policy as an occasional driver or is at school...
Knowing this, make sure to ask your insurance agent if they offer discounts for good-student drivers. Many insurance companies won't give up this kind of information, so you have to ask for it, and at up to 35% - it's worth it.
I did a bit of research and found the providers which have good student programs, along with the conditions to qualify.
Sometimes it pays to be a smarty-pants. Full time students with a good academic record could be eligible for up to a 15% discount on certain coverages. (In most states, policyholders between the ages of 16 and 25, who are full-time students with a "B" average or better, are eligible for this discount.)Full Details
Good Student If you're 25 or younger, unmarried, and a full-time student who meets our GPA requirements, you could save on your auto insurance premiums with this valuable discount. (In some states, the qualifying age is 21.)Full details
Being a good student doesn’t just mean proud parents and a successful future, it could also mean auto insurance discounts! Whether you’re still in high school, or getting a college degree, Esurance wants to reward you for your hard work. In most states, we offer auto insurance discounts if you're under 25 years of age, maintain a 3.0 ("B") grade point average or better, and are enrolled full-time in high school, community college, or university.Full details
Get up to a 15 percent discount on your auto insurance when your teen earns a B average or above on their report card.Full details
Created by Auto Insurance .org