Jessica Fox Last Updated On: August 3, 2023

Being a Good Student Can Save You Hundreds on Car Insurance

Being a student can be expensive enough, but you’re not condemned to a life of ramen noodles and trying to lift free internet from your neighbors. There are many ways you can save money as a student, and a good student discount car insurance is one of the best.

Car insurance can be expensive, especially as a student. When you have books and tuition to pay for, car insurance can be an added burden. That’s why most major insurance providers offer a good student discount, which gives students a discount on their car insurance for having good grades.

Insurance companies assume that good students are also more likely to be responsible drivers, and so pose less risk. Rather than going without insurance or paying exorbitant rates, you could qualify for affordable coverage just by being a good student. 

Qualify Now For A Good Student Discount And Save!
Save up to 30%

Free Car Insurance Comparison - Save up to 30%

No junk mail. No spam calls. Free quotes.

No Signup required

Table of Contents

Understanding the Good Student Discount Car Insurance

Teenagers and young adults are charged some of the highest car insurance premiums because they’re seen as some of the riskiest drivers. 

Not only have these younger drivers been driving for the least amount of years compared to other age groups, but they’re also statistically more likely to speed and get into car accidents. This means insurance providers are more likely to pay claims based on young drivers, so they charge higher premiums. 

But not all young adults are risky drivers, and they shouldn’t have to pay high car insurance premiums because of others. That’s why the good student discount factors in your school performance in order to counteract the high rates you would otherwise pay. 

By being a good student and maintaining your grades, you can save significantly on car insurance for as long as you’re in school and keep up the great work. 

How to Qualify For a Car Insurance Discounts For Students?

Your hard work in school could pay off for you in a big way in terms of your car insurance rates, and it’s as simple as showing your academic performance to insurance providers. To qualify for car insurance discounts for students, you’ll typically need to show that you maintain a “B” average (a 3.0 GPA) or higher. You’ll need to continually show proof of your grades in order not to lose your car insurance discounts for students, and it’s up to you to show that you qualify for this discount. You’ll need to be between 16-25 years of age and attend high school, college, or university (or be homeschooled). Each insurance provider is different in terms of how to show your good grades, but most typically accept the following in order to qualify you for the good student discount:
  • Report cards
  • Standardized test scores
  • A signed letter from your administrator
  • If you’re on the honor roll or an equivalent
  • School transcript
With proof of your grades, qualifying is simple. If your grades begin to slip, you could lose the car insurance discounts for students, which is why you need to regularly show proof that you’re maintaining good grades.  

Free Car Insurance Comparison - Save up to 30%

No junk mail. No spam calls. Free quotes.

No Signup required

Saving Money with the Good Student Discount Insurance

The good student discount can save students as much as 25% on their car insurance but on average at least 7%. These savings can definitely add up over the year, and all you have to do is maintain solid grades to earn them. There’s no standard discount because insurance providers take other factors into account when providing rates, such as where you live, your driving record, your age, your type of vehicle, and more. Requesting a quote for car insurance discounts for students will help you get a sense of how much you’ll save. We’ve handpicked the insurers who offer the best good student discounts and will match you with the ideal provider for you based on the information you provide. Students can also get even more discounts on their car insurance with the following tips:
  • Complete a driver’s education training program
  • Affiliations are often offered additional discounts, like sororities/fraternities, universities, military, and more
  • Bundled insurancediscount for purchasing multiple types of insurance with the same provider, like car and renters insurance
  • Practice safe driving and maintain a good driving record by avoiding traffic violations and accidents
  • Qualify for an additional “away at school” discount if you don’t drive regularly (leave your car at home when you’re away at college)

Final Thoughts on Good Student Discount Car Insurance

Insurance providers know that students and young adults are generally riskier drivers. This is why car insurance rates are so much higher for them versus many other age groups. 

Luckily, you can qualify for a good student discount on car insurance just by proving that you maintain strong academic performance. 

The savings are definitely worthwhile and they can help see you through to age 25 or 26 when rates start to drop again. While the exact amount will vary, you can be sure it’ll make a sizeable dent in otherwise high car insurance premiums. 

Free Car Insurance Comparison - Save up to 30%

No junk mail. No spam calls. Free quotes.

No Signup required


You typically need at least a 3.0 GPA or a “B” average to qualify for the good student discount. Your specific insurance provider will detail exactly what qualifies and how to demonstrate proof of your good grades.

Yes, you should try to qualify for the good student discount because it can save you on average 7% on your car insurance and sometimes even more. If you’re not quite at the grades threshold to qualify, it’s worth trying to get there because of how much the car insurance savings can add up.

Each insurance provider will have a list of documents they accept to qualify for the good student discount on car insurance, but you can usually use your transcript, your report card, results of standardized tests, or a signed letter from your school.


Stay Up-to-Date
Subscribe to our newsletter and receive alerts, offers, education, and updates in your inbox.