Best Alumni Auto Insurance Discounts in 2024 (Save up to 25% With These 10 Companies)
The best alumni auto insurance discounts come from companies like Liberty Mutual, Geico, and Farmers. Auto insurance rates for college graduates start at $80 per month, but you can save up to 25% with an alumni discount. Alums can save more by finding other discounts and enrolling in UBI programs.
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
UPDATED: Oct 15, 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: Oct 15, 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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The best alumni auto insurance discounts are offered to college graduates through partnerships between insurance companies and alumni associations and can help you save up to 25%.
These insurance discounts can help college graduates find discounted car insurance, so long as they’re members of their alma mater’s alum network.
You can also find affordable rates by taking advantage of other insurance discounts from the cheapest auto insurance companies.
Our Top 10 Company Picks: Best Alumni Auto Insurance Discounts
| Company | Rank | Savings Potential | A.M. Best | Who Qualifies? |
|---|---|---|---|---|
 | #1 | 25% | A | Alumni of partner universities |
 | #2 | 15% | A++ | Graduates of participating colleges |
 | #3 | 14% | A | Alumni of selected institutions |
 | #4 | 12% | A+ | Graduates of eligible schools |
 | #5 | 10% | B | Alumni from partner universities |
 | #6 | 10% | A++ | College graduates from certain schools |
 | #7 | 10% | A+ | Graduates from approved institutions |
 | #8 | 8% | A+ | Alumni of select colleges |
 | #9 | 7% | A | Eligible university graduates |
 | #10 | 6% | A+ | Alumni of partner universities |
Below, explore how college graduate car insurance discounts work and how to qualify for them. Then, enter your ZIP code into our free comparison tool to find the lowest rates in your area.
- College graduates can get up to 25% off with an alumni discount
- Liberty Mutual and Geico have the best alumni car insurance discounts
- Others ways to get discounts on car insurance include enrolling in a UBI program
How to Qualify for an Alumni Auto Insurance Discount
Discount car insurance is usually easy to find when you shop at a company that offers an alumni discount. The best auto insurance discounts for recent college graduates come from companies like Liberty Mutual, Geico, and Farmers, but you’ll need to qualify first.
Here’s how to qualify for discount auto insurance for alumni:
- Check Eligibility: Many insurance companies partner with specific alumni associations to offer discounts. You’ll need to be a member to qualify for a discount.
- Verify Participating Insurers: Check with your alumni organization to see if they’ve partnered with a provider. For example, Georgia State Alumni Association car insurance costs are lower at Liberty Mutual.
- Provide Proof of Graduation or Membership: Insurance companies often require proof of graduation or active membership in the alumni association.
- Apply the Discount: When applying for or renewing car insurance, you should speak with a representative to get your discount
By staying connected with their alumni network, recent and past graduates can take advantage of these types of discounts and save on car insurance.
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Alumni Auto Insurance Rates
Many factors affect auto insurance rates, including your age, location, and driving history. One factor that has a smaller impact on your rates is your college graduation status.
Statistically speaking, college graduates get into fewer accidents and receive fewer tickets. Insurance companies often give college graduates cheaper rates since they’re less likely to file a claim.Jimmy McMillan Licensed Insurance Agent
College graduates usually pay a little less than the national average for car insurance. Check below to see how much you might pay for full coverage insurance based on your driving record.
Whether you’re involved in an alumni insurance program or getting student union car insurance, you’ll probably pay less for your coverage.
Although you’ll see lower-than-average rates, you should still compare prices to find the best policy for your needs. Comparing rates is simple – just fill out the request form on a company’s homepage.
If you don’t want to take the time to fill out multiple forms, you can use an online quote-generating tool. Whichever method you choose, it’s integral that you compare personalized quotes. For example, Geico usually has cheap average rates, but Liberty Mutual college discounts sometimes make it a better choice for alumni.
Best Auto Insurance Companies for an Alumni Discount
The best auto insurance companies for college graduates looking for a list of car insurance discounts they qualify for are Liberty Mutual, Geico, and Farmers. While the Liberty Mutual student discount is the largest, the list of Geico affiliated professional organizations, alumni associations, or credit unions is the longest.
If you’re wondering how to get discounts on car insurance as an alum, consider the following companies:
- Liberty Mutual: Our Liberty Mutual auto insurance review show that this company has extensive partnerships with a wide range of universities and alumni associations.
- Geico: The list of Geico affiliation discounts includes over 500 alumni associations. Check out our Geico auto insurance review to learn more.
- Farmers: Get a discount of up to 14% if you’re an alum of one of the colleges or universities Farmers has partnered with.
There are other insurance companies that offer an alumni discount but are only available regionally. For example, you may be eligible for an AAA alumni discount, but only if you live in certain parts of the country.
Many alumni auto insurance discounts are available, and a college diploma is usually required to qualify. On average, auto insurance for college graduates costs $122 a month.
Alumni can sometimes save several hundred dollars per year, but the amount of each discount varies depending on the insurance company, the university you attended, your driving record, your age, and many other factors. Take a look at the Geico affiliation discount list below to see if your university or organization qualifies you for an auto insurance discount for alumni association:
- Florida Southern College Alumni Association and University of Florida Alumni Association
- University of Arizona Alumni Association
- University of California Davis and Sacramento State University
- University of Virginia Alumni Association
- University of Texas at San Antonio Alumni Association
There are more universities and colleges on the Geico affiliation list, so make sure to check with your alumni association if you plan on buying a policy from Geico. Additionally, there are several other Geico organization discounts that apply to other groups, so it’s always worth checking if you’re eligible for more discounts.
Liberty Mutual auto insurance offers an auto insurance discount for alumni members of Saint Louis University or the University of Alabama. Along with auto insurance, they can save on health insurance and life insurance. Other discounts besides the auto insurance discount for alumni membership are available for alumni as well.
You could save 5-10% on an auto insurance discount for alumni. Even better, you can stack the alumni discount with other discounts.Schimri Yoyo Licensed Agent & Financial Advisor
People between 16 and 25 years old can get a good student discount with a B average or higher, even if it’s been a few years since graduation. The company only gets information from the Department of Motor Vehicles (DMV), so auto insurance companies check grades by asking for your college or university records.
People with clean driving records can get additional discounts. Many insurance companies offer discounts for new drivers with no accidents, moving violations, or tickets. Taking a defensive driving course can also help you get a defensive driver auto insurance discount.
These classes usually require a small fee, but they can pay for themselves quickly. Many companies also offer multi-policy discounts.
How to Save on Auto Insurance as an Alumni
Younger people often need to pay more for auto insurance, making it especially helpful if you can qualify for any alumni discounts. Staying with one insurance company helps you establish a good driving history and seems less risky to insurers.
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You can also save money by choosing a used car and avoiding full coverage auto insurance.
However, if you apply for a loan to buy a new vehicle, the bank will likely require damage coverage. You can select usage-based auto insurance, as well. In that case, your insurance company monitors your driving habits and offers you a discount in exchange.
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Find the Best Alumni Auto Insurance Discounts for Your Policy Today
The best alumni auto insurance discounts offer a valuable opportunity for graduates to save on their premiums while staying connected to their alma mater. By taking advantage of these exclusive discounts, alumni can find the best auto insurance companies for them.
Whether you’re a recent grad or a long-time alumnus, checking with your alumni network and insurance company could lead to significant savings. Then, make sure to compare quotes with as many companies as possible. Enter your ZIP code into our free comparison tool below to see rates in your area.
Frequently Asked Questions
What is an alumni auto insurance discount?
An alumni discount offers savings for members of alumni associations. Some insurance companies have partnered with various colleges and universities to offer their alums special discounts. You’ll need to check with your alumni association to see any available car insurance discounts.
Which companies offer an alumni discount?
Popular companies that offer alumni discounts include Liberty Mutual, Geico, and Farmers. Some companies – like AAA – offer an alumni discount, but only regionally. Check out our AAA auto insurance review to learn more about the regional availability of discounts.
How do you know if you’re eligible for an alumni auto insurance discount?
To see if you can take advantage of an alumni auto insurance discount, check with your alumni association.
How much does alumni auto insurance cost?
Alumni auto insurance rates start at $80 per month for full coverage. However, there are many driving and non-driving factors that affect auto insurance rates, so you should compare rates to find the best prices for you.
Do alumni auto insurance discounts expire?
The expiration of alumni auto insurance discounts varies depending on the insurance company. Some discounts may have a specific duration, such as a few years, while others may be permanent as long as you maintain your alumni status. Check with your insurance provider regarding the expiration or renewal terms of the discount.
Can you combine other discounts with an alumni discount?
Most companies offer the opportunity to combine several discounts for which you qualify. For example, you may qualify for several options from Geico’s discounts list, which will stack savings on your policy. Explore Geico auto insurance discounts to learn how much you might save.
How much of a discount do you get for paying for your car insurance in full?
Most companies offer a 5% to 10% discount if you pay for your annual auto insurance premium at once. Finding the best pay-in-full auto insurance discounts can help you save if you don’t want to split your policy into monthly payments.
Do college graduates get cheaper car insurance?
Usually, younger drivers, including college graduates, pay higher auto insurance rates. However, once you turn 25, your premiums begin to fall. Take advantage of alumni insurance discounts to save.
You should also compare quotes from as many companies as possible, no matter what your situation is. If you don’t compare quotes, you’ll likely overpay for car insurance. Enter your ZIP code into our free comparison tool to see personalized quotes in your area.
Does education level matter on car insurance?
Education level affects auto insurance rates in some states, so you might see lower insurance rates if you get an auto insurance discount for alumni.
What GPA is required for the Allstate insurance good student discount?
A GPA of 2.7 or higher (meaning a grade average of B- or above).
How long do violations stay on a person’s driving record?
Violations usually stay on someone’s record for three to five years. You can sometimes remove them faster by taking a defensive driving course or doing community service.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
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.
