Average Car Insurance For College Students
Students are always looking for ways to cut down on their expenses including the cost of their car insurance.
Average car insurance for college students. After all what with tuition fees books and resources to buy and rent to pay the average student has enough on their plate to stretch their loan installments to their limits without paying over the odds on student car insurance. Yes college students do pay more for car insurance. This can be used as a good indicator of student car insurance premium trends rate changes and rate indicators to watch where student rates go in the industry. Average car insurance rates for college students college age drivers typically have pay insurance rates because their age group is shown to be dangerous on the road.
Adding an 18 year old to a married couple s policy adds 1 537 per year on average according to a nerdwallet analysis. Our pick for the cheapest car insurance for college students. The average college or university student doesn t have a lot of cash to spare yet this demographic is hit with some of the highest car insurance rates in australia. All college health plans must meet the standards for student health insurance and benefits coverage through.
Car insurance for college students. Five car insurance tips for college students. The average cost for college students is roughly 3 816 per year or 318 per month. As you grow older your rates will dip.
The american college health association reports that the average health insurance plan for students through their universities costs 1500 2500 annually. But that s the average for everyone. Car insurance for college students is easy to find but it s not cheap. The average student health insurance plan costs between 1 500 and 2 500 a year according to the american college health association.
It s important to remember that the average annual cost of car insurance in the united states is about 900 per year. You or your parents may be looking for ways to cut some costs including saving some money on your car insurance it is important to get car insurance at the right price but it s also a good idea to find the right coverage to meet your needs. It is true that students who don t attend commuters schools drive significantly less than the average driver but that can t change the fact that insurers believe that demographic to be extremely risky based mostly on crash statistics. Read on to find out how to get access to discounted car insurance for students and how it works.
Take your college offered health insurance.