Cheap car insurance for students is essential for many who have a daily commute to University from rural areas.
With money always tight for students because of rising tuition fees, living costs etc finding cheap student car insurance can make a real difference to your monthly outgoings when you’re studying.
Listed below are three ways you can pay less for your student car insurance.
Getting added to someone else’s policy
If you don’t need to use a car during term time but want to get about in the holidays, one option is to get yourself added to someone else’s car insurance policy.
This could be your parents or another relative and if you’re only going on the policy for a month or two, it’s unlikely to break the bank.
The main downside of this approach is that it won’t be your policy so you won’t be building up any of your own no claims discount.
Sharing the cost with friends
Not all students can afford to go to University and run a car too. If you’re lucky enough to have one, why not ask a few of your friends to contribute to the insurance and petrol costs in exchange for driving them around during term time?
Cheap car insurance for students should be more affordable for you if you’re a bit older and already have some driving experience behind you.
Get a Smartbox fitted to your vehicle
Another way students may be able to get cheap car insurance is by having a Smartbox fitted to their vehicle. This clever device is small and tracks your driving style so you can be rewarded with a lower car insurance premium if you can prove you’re a safe and responsible driver.
The downside of this is that if your driving is a bit erratic, you could end up actually paying more than originally quoted.
Summary
When you’re a student, keeping things like car insurance costs to a minimum can help to free up money for other things such as going out with friends, travelling home when you have time off and paying for your accommodation.
While for many, having a car at University is a luxury, for others it’s a necessity depending on their location and public transport links.
Cheap student car insurance can be influenced by many things but if you take the three areas above into account, you may be able to save yourself some money while you study.
Author Bio:
The Co-operative Insurance offers a number of discounts for young drivers looking for their first policy.