Car insurance companies offer many different discounts. A few common ones include multi-policy discounts, antilock-brakes discounts, multi-vehicle discounts and passive restraint discounts. Here are some less-common discounts that college students in Wappingers Falls, New York may qualify for.
College Students in Wappingers Falls, New York Might Qualify for These 4 Car Insurance Discounts
1. Distant Student Discount
Distant student discounts aren’t as common as the car insurance discounts listed above, but a number of insurers offer some form of discount for students who are attending school away from home. Often, students must be attending a school that’s at least 100 miles away from their permanent address to qualify for this discount. This is often the only requirement, though, so many college students who live in Wappingers Falls but go to school outside of New York City will qualify (each insurance company has their own set of criteria for this and all other discounts listed). It is also important to note that this only applies if the vehicle is not brought to the school, but left at home.
2. Good Student Discount
The good student discount is another common discount that students can qualify for. Insurers usually either require students to maintain a B (3.0) average, or be on the dean’s list or honor roll at their school. Students also typically have to be attending school full time and less than 25 years old. Some insurers offer a 5 to 20 percent discount to students who meet these criteria, although some insurers may provide smaller or larger discounts.
3. Paperless Billing Discount
Electronic billing saves insurance companies money on stationery and postage, and some insurers pass those savings onto policyholders who sign up for paperless billing. While anyone can take advantage of this discount if their insurer offers it, it’s an especially good opportunity for college students to save a little on their premiums. College students are typically used to communicating via email and paying for things online. Additionally, if a bill comes directly into their inbox, they don’t need to worry about whether it’s sent to their school or permanent address.
Many insurers’ paperless billing discount is a relatively small discount, but even a small percentage can provide college students with significant savings because they’re premiums are often substantial.
4. Safe Driver or Accident-Free Discount
Lots of insurers offer a safe driver or accident-free discount. Although young college students are generally considered higher-risk drivers than older drivers, many students haven’t been in an accident. Those who haven’t might qualify for this discount.
As Your Car Insurance Agent in Wappingers Falls, NY About Discounts
If you’re in college and looking for ways to save on car insurance, ask your insurance agent what discounts your insurer offers that you may qualify for. Your agent will be able to look up what discounts your insurance company offers and make sure you take advantage of all the ones you can. If they’re an independent agent, they’ll also be able to see whether any other insurers that serve Wappingers Falls provide better discounts for you.