How does the good student discount work?

The term good student discount refers to an auto insurance policy discount available to young drivers who earn good grades in school. … As a result, they deserve to pay lower insurance premiums since they are less likely than teens with poor grades to file a claim with their insurance company.

What GPA do you need for a good student discount?

You can get a Progressive good student discount if you have at least a B average or a 3.0 GPA. Student drivers can save an average of 10% as long as they are 16-22 years old and enrolled full-time in high school, college or home schooling. Young drivers are usually.

How do you get the good student discount?

1. Get good grades. In order to qualify for a good student discount, you have to have a B average or better, or be in the top 20% of your class. This is usually based on your cumulative transcript, so you don’t need to worry if you had one subpar semester.

How much is a good student discount?

One insurer may give a 25-percent discount to full-time high school or college students with a grade average of B or higher until the age of 25. Another provider may offer a 15-percent discount to single drivers who have a GPA of at least 3.0 in high school or college.

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How long does good student discount last?

State Farm good student discount

And the savings last after you graduate from college until you turn 25.” You can save up to 25% with State Farm’s good student discount.

What makes one a good student?

A good student is the one who can work in a group, motivate others and yield productive output. Being positive, helpful, cooperative and friendly are all the traits of a good student. Such students become great team players and leaders when they grow up.

How much is the good student discount State Farm?

Good Student Discount: State Farm customers can save up to 25% if a student listed on a policy gets good grades (3.0+ GPA, top 20% of class, or qualifying test scores).

Is good student discount cumulative GPA?

Good Students Can Save on Car Insurance

A number of auto insurance companies have a so-called “good student discount” for drivers who maintain a solid grade point average while attending high school or college. … Typically, the GPA is calculated based on your most previously completed semester, not your cumulative GPA.

Is insurance cheaper if you have good grades?

Good student discounts reward high-school and college-age drivers who earn good grades with lower premiums on their car insurance. … Premiums are generally higher for young males because they tend to be riskier drivers than young females.

Does GPA lower car insurance?

When you achieve a high grade point average, or GPA, in high school or college coursework or testing, most auto insurance providers honor your achievement with a reduction in your premium.

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