Best Good Student Auto Insurance Discounts in 2024 (Save up to 35% With These 10 Companies)
Country Financial, Allstate, and State Farm have the best good student auto insurance discounts, with up to 35% savings. With Allstate, you only need a 2.7 GPA to qualify, while other providers require a 3.0 insurance GPA. See if you're eligible for a car insurance good student discount below.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
UPDATED: Nov 12, 2024
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Country Financial, Allstate, and State Farm have the best good student auto insurance discounts, with up to 35% savings.
If your provider offers this auto insurance discount, young drivers with good grades can save. Generally, most providers require a good student discount GPA of 3.0, though Allstate only requires a 2.7.
Our Top 10 Company Picks: Best Good Student Auto Insurance Discounts
| Company | Rank | Savings Potential | GPA Required | Who Qualifies? |
|---|---|---|---|---|
 | #1 | 35% | 3.0 | Full-time students in top 20% of class |
 | #2 | 25% | 2.7 | All students under age 25 |
 | #3 | 25% | 3.0 | Students with test scores in top 20% |
 | #4 | 22% | 3.0 | Full-time students under age 25 |
 | #5 | 20% | 3.0 | All students inluding homeschoolers |
 | #6 | 20% | 3.0 | Students on dean's list or honor roll |
 | #7 | 15% | 3.0 | Students in high school and college |
 | #8 | 15% | 3.0 | Students under age 25 |
 | #9 | 10% | 3.0 | Students in top 20% of their class |
 | #10 | 10% | 3.0 | Students under age 24 |
Since coverage is expensive for young drivers, apply for as many discounts as possible to find cheap auto insurance.
Learn how to qualify for a student discount on car insurance and find other ways to lower the cost of auto insurance for teens and young drivers here. Then, enter your ZIP code into our quote tool above to find the best deal.
- College-age drivers can save up to 35% with good grades
- Most insurers require a 3.0 GPA or higher for the good student discount
- Typically, good students can qualify for this discount until age 25
How to Qualify for a Good Student Car Insurance Discount
Getting a car insurance good student discount is straightforward if your provider offers it and you prove you have good grades.
Below, we’ll explain the eligibility requirements for the car insurance student discount and show you how much you could save from providers that offer discounts for good grades.
Get Good Grades in School
Before applying for a good student discount, it’s important to ensure that your grades are good enough to qualify. Generally, most auto insurance companies want your GPA to be a 3.0 or higher to qualify for a good student discount. However, Allstate is the only provider that only requires a 2.7 GPA.
Some other common requirements for a good student discount are as follows:
- Must be a full-time high school or college student
- Must be between the ages of 16 and 25
- In the upper 20% of their class
These requirements explain how to qualify for a good student discount on car insurance at most of the top auto insurance companies. If you don’t meet them, you may be unable to get a good student discount. So, ensure you have the right GPA for a good student discount on car insurance.
Provide Proof of Good Grades
If you meet the GPA requirements for a good student discount and your insurer offers one, submit proof of your grades to your company. This proof could be in the form of standardized test scores, school transcripts, report cards, or whatever documentation your insurance company requires.
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Best Companies for the Good Student Car Insurance Discount
So which are the best companies with good student discounts? Some of the best auto insurance companies for good student discounts are Country Financial, Allstate, and State Farm, with savings of up to 35%.
Read More:
- Allstate Auto Insurance Review
- State Farm Auto Insurance Review
- Country Financial Auto Insurance Review
However, while one company may have a higher percentage, it’s also critical to see how much you’d pay for coverage after the discount.
One company may initially seem to be the better deal because it has the largest good student discount. However, if its base rates are higher than other companies, you won’t end up saving that much.Justin Wright Licensed Insurance Agent
Now, you may be lead to wonder, “What’s the cheapest car insurance company after my good student discount applies?” Check out the table below for a list of the top 10 cheapest providers for full coverage after a good student discount:
Best Student Savings: Full Coverage Auto Insurance Monthly Rates Before & After Discount
| Insurance Company | Rank | After Discount | Before Discount |
|---|---|---|---|
 | #1 | $38 | $59 |
 | #2 | $65 | $86 |
| #3 | $68 | $80 |
 | #4 | $79 | $99 |
| #5 | $94 | $117 |
 | #6 | $95 | $105 |
 | #7 | $98 | $115 |
| #8 | $120 | $160 |
 | #9 | $125 | $139 |
| #10 | $136 | $174 |
Similarly, if you only wish to meet state minimum car insurance requirements, the table below lists the top 10 cheapest provider for liability insurance after a good student discount:
Best Student Savings: Min. Coverage Auto Insurance Monthly Rates Before & After Discount
| Insurance Company | Rank | After Discount | Before Discount |
|---|---|---|---|
| #1 | $20 | $22 |
| #2 | $25 | $33 |
| #3 | $26 | $30 |
| #4 | $31 | $37 |
| #5 | $34 | $39 |
| #6 | $35 | $44 |
| #7 | $37 | $44 |
| #8 | $46 | $61 |
| #9 | $48 | $53 |
| #10 | $53 | $68 |
As you can see, the USAA auto insurance good student discount makes it one of the cheapest providers, despite having a lower savings potential than most other providers. Check out our review of USAA insurance to find out more. You must always compare car insurance quotes to find the best deal for you.
These insurance companies may not offer good student auto insurance discounts in every state. So if there’s a company you are interested in, read the fine print to find the best car insurance for college students.
Learn more about the best car insurance companies that offer a good student discount:
- American Family Auto Insurance Review
- Farm Bureau Auto Insurance Review
- Farmers Auto Insurance Review
- Nationwide Auto Insurance Review
- Travelers Auto Insurance Review
- Liberty Mutual Auto Insurance Review
While the Geico good student discount caps at 15%, the good student discount with State Farm goes up to 25%. See if you’d save more by reading our review of Geico car insurance.
However, we still recommend you to get quotes from various companies to see which one saves you the most on auto insurance with a good student discount.
Other Auto Insurance Discounts for Students
In addition to young student discounts, there are a few other discounts that you can ask for to save money on your car insurance policy. Take a look at them below.
Bundling Discount
A good discount is a bundling discount, also known as a multi-policy car insurance discount, where companies offer you a significant discount on auto insurance if you bundle various types of insurance policies from them.
Parents could bundle home and auto insurance, or if students live away at school in a rented apartment, parents could bundle home and renters insurance (Read More: Multi-Vehicle Auto Insurance Discount).
In addition, you could save up to 17% on your car insurance with State Farm if you also purchase a renters or home insurance policy through the same provider. Check out more in our expert guide titled, “Does owning a home affect auto insurance rates?”
Safety Features Discount
Whether you’re a young driver looking for a car or a parent buying a car for a young driver, it’s important to look for vehicles with safety features and good crash ratings. Most companies offer discounts for safety features like anti-theft systems, tracking devices, and electronic stability control.
For instance, drivers who install a steering wheel lock, car alarm system, or GPS tracker in their vehicle could qualify for additional savings. Learn more about the anti-theft car insurance discount in our guide.
July is Vehicle Theft Prevention Month. Vehicle theft is a contributing factor to increasing auto rates. To help you prevent vehicle theft, visit https://t.co/AdFAJxdtcg to learn more. pic.twitter.com/PlQk8tYGDz
— COUNTRY Financial (@hellocountry) July 18, 2023
While safety features help drivers with new cars get lower rates, you’ll almost always get low starting rates if you have an older car that isn’t worth very much. Cars with easy-to-find and cheap replacement parts will also be cheaper to insure.
Learn more about how to get affordable auto insurance for older cars.
Driver’s Education or Training Programs Discount
Some insurance companies offer driver’s ed auto insurance discounts if you participate in a school or approved company’s safe driving training program. However, you should verify requirements and eligiblity with your provider, since only certain programs may be accepted.
Not all insurance companies have their own training program, but it’s worth looking into if your insurance company does. For instance, Progressive auto insurance policyholders could save up to 10% on their insurance premiums if they pass an approved driver’s education course.
Student Away From Home Discount
If you need auto insurance for college students, you could apply for car insurance for college students away from home if your child lives away at college.
Many insurers offer discounts for students attending college away from home if they don’t bring their vehicle with them. Learn more in our comprehensive guide titled, “Best Auto Insurance for a Student Away at College.”
Generally, students must attend school at least 100 miles from their home address and not have a car with them on campus. For example, one of the biggest State Farm auto insurance discounts is their Student Away at School discount, which offers savings of up to 25%.
Read more about finding the best auto insurance for children at college.
Why Auto Insurance Rates Are Higher for Young Drivers
Discounts for young auto insurance policyholders are important. They often get charged some of the most expensive rates. Below, you can see the average rates for younger drivers without any discounts:
Full Coverage Auto Insurance Monthly Rates by Age and Gender
| Insurance Company | Age: 16 Female | Age: 16 Male | Age: 18 Female | Age: 18 Male | Age: 25 Female | Age: 25 Male |
|---|---|---|---|---|---|---|
| $608 | $638 | $448 | $519 | $181 | $190 |
| $414 | $509 | $305 | $414 | $101 | $147 |
 | $490 | $570 | $380 | $450 | $140 | $180 |
 | $550 | $600 | $450 | $480 | $150 | $170 |
| $720 | $750 | $570 | $600 | $180 | $200 |
| $370 | $400 | $300 | $330 | $160 | $180 |
| $723 | $785 | $626 | $626 | $136 | $215 |
| $411 | $476 | $303 | $387 | $172 | $150 |
| $801 | $814 | $591 | $662 | $187 | $146 |
| $311 | $349 | $229 | $284 | $107 | $111 |
| $719 | $910 | $530 | $740 | $124 | $116 |
| $470 | $500 | $400 | $430 | $140 | $150 |
Teens and young drivers generally pay higher car insurance rates due to their perceived risk from providers and lack of driving experience. In addition, statistics show younger drivers are more likely to engage in reckless driving and get in accidents.
Good student discounts and other discounts can help you save on car insurance no matter what age you are (Find Out More: Factors That Affect Car Insurance Rates). For example, many providers offer usage-based insurance, which considers your driving habits when calculating rates.
Learn More: Cheap Usage-Based Auto Insurance
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Find the Best Student Savings With Your Good Grades
If you’re wondering how to lower your auto insurance rates and your insurer has a good student discount, applying for one is simple. Simply call your insurers to ask them if you qualify for a good student car insurance discount.
So, what GPA do you need to get a discount on car insurance? Generally, if students have a B average or higher and are between the ages of 16 to 25, they can qualify for a good student discount.
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— AutoInsurance.org (@AutoInsurance) August 29, 2023
However, we also recommend you shop around for quotes for young drivers to get cheap car insurance for college students alongside a good student discount. Enter your ZIP code into our free quote comparison tool below to instantly find the best car insurance discounts for students.
Frequently Asked Questions
Which company has the best good student auto insurance discount?
Country Financial, Allstate, and State Farm have the best good student auto insurance discount, as policyholders can save up to 35%. However, Allstate is second place winner since it only requires a 2.7 GPA to qualify for the discount.
How much is the good student discount?
The good student car insurance discount ranges from 3%-35%, depending on the company. Auto insurance for college students is considerably cheaper with the 25% State Farm good student discount.
What GPA is good for the insurance discount?
You might be wondering how to prove eligibility for a good student auto insurance discount. Typically, students need to have a GPA of 3.0 or higher or a B average. However, the exact requirements may vary depending on the auto insurance company.
What is a good student auto insurance discount?
A good student auto insurance discount is a discount offered by insurance companies to student drivers who demonstrate high academic performance. It rewards students for their responsible behavior and can lead to significant savings on their auto insurance premiums.
How much is the Allstate good student discount?
Allstate auto insurance policyholders with a 2.7 GPA or higher can save up to 25% on their car insurance premiums.
How much is the USAA good student discount?
USAA drivers can save up to 10% with the company’s good student discount, and it’s also the cheapest provider of minimum and full coverage after the discount. However, only military members and their families qualify for coverage with USAA.
Read More: Best Auto Insurance for Military Families and Veterans
Do school grades affect car insurance?
While your grades impact eligibility for a good student discount, they won’t directly affect your auto insurance rates.
What is the cheapest insurance for a college student?
College students might be wondering, “What insurance company is best for students looking for low rates?” Generally, you can expect to find the cheapest and best car insurance for college students from State Farm, Geico, and USAA.
Wondering what company has the best car insurance discounts for students? Simply enter your ZIP code into our free quote tool below to instantly compare rates from the top providers near you with a good student discount.
How long does an auto insurance discount for students last?
Most insurance companies allow the good student discount to be applied up until the driver is 25 or they are no longer attending school full time. The exact requirements will depend on the auto insurance company you are with.
Does Safeco auto insurance offer a student discount?
Yes, Safeco offers a good student discount. Its requirements are similar to other auto insurance companies, as students must have a good GPA and be within the ages listed. See if this provider is right for you in our Safeco auto insurance review.
Why do insurance companies offer good student discounts?
Most car insurance providers have good student discounts because statistics show students with higher grades are safer drivers and more responsible, which reduces the insurer’s risk of accidents and claims.
Learn More: Factors That Affect Car Insurance Rates
Does Geico verify grades for good student discounts?
Yes, the Geico good student discount verification process requires students to submit proof of their good grades, usually with a report card or transcript. You may also submit proof that you were on the Dean’s List or Honor Roll to receive the good student discount from Geico.
Can I get a good student discount with Progressive?
Yes, you can get a Progressive good student insurance discount of up to 10% if you’re a full-time college or high school student under 23 and have at least a 3.0 GPA, or B average.
Check out our comprehensive guide titled “Progressive Auto Insurance Review” to see if the company is right for you.
What can you use for good student discount verification?
Often, you can use any of the following forms of documentation from the best car insurance companies to verify your status as a good student:
- Transcripts: A transcript proving a cumulative GPA of 3.0, or B average, will generally earn you a good student discount, though Allstate only requires a 2.7.
- Report Cards or Grades: Students can also submit a copy of their report card that shows they have a B average.
- Dean’s List or Honor Roll Certificate: Any proof, such as a newspaper clipping or certificate, proving you made the dean’s list or honor roll can earn you a discount on car insurance for good grades.
- Test Scores: You can get cheap car insurance for students with good grades on standardized tests such as the ACT or SAT.
- Letter From School Official: Most insurers may also accept a letter from a school administrator to confirm the driver’s academic standing and get the car insurance discount for students.
Remember, age and GPA eligibility for the good student discount varies by provider, and your documentation must show you meet requirements.
For example, your transcript must show you have a 3.0 GPA to get the USAA good student discount of 10%. In addition, to get the Auto-Owners insurance good student discount, your test scores must show you scored above a B average. Check out our Auto-Owners insurance review for more details.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.