It will help to lower your premium if your auto is kept on your parents’ insurance policy. It is understandable that you want to be independent and therefore responsible for your own insurance. However, even if your auto is included with your parents’ insurance you can always pay the money direct to your parents and they can include it in their monthly premium. In this way you are still taking responsibility and getting a lower premium due to your parents. There is little doubt that your parents will get a better deal than you and especially if they have been with an insurance company for a long time.
The reason you will struggle to get an affordable student auto insurance on your own is because the insurance industry has statistics to prove that young drivers do cause a high percentage of accidents. They put this down to driving inexperience and youth. However, there is a way you can show you may be young in years but are still responsible. Insurance companies are very happy to reduce the insurance cost for students who continuously achieve good grades. There are highly reputable companies that do have an awards system for good students. If you have good grades let them know so you can get the best insurance rate possible. You can do this whether the insurance is on your name or your parents’ name. If you know what you are entitled to then there is every reason you will get the premium you want. To find the most amenable companies for students use online quotes.
Eddie Abel is a researcher, blogger, and a student auto insurance specialist. Click this link to get your FREE quote or find more practical cost-cutting insurance tips and advice at his site: Cheap Car Insurance
