The Good Student Discount

The good student discount is an auto insurance discount provided by carriers that benefits students financially for their academic achievement. This discount offers reduced premium rates for current students that maintain a specific GPA or other measurable level of success in school. Insurance companies offer good student discounts because statistics show that students who perform well academically are generally less likely to engage in risky behaviors.

Good Student Discount Qualifications

While specific qualifications vary between carriers and states, auto insurance companies typically require students to meet the following standards:

• Be under the age of 25
• Be currently enrolled full time in high school, college or university
• Maintain at least a 3.0 GPA
• Score in the top 20% on the PSAT, SAT or ACT
• Receive recognition on the dean’s list or honor roll

Receiving the Good Student Discount

In order to receive the good student discount, you will need to provide both proof of enrollment and proof of academic achievement. This proof can be provided in the form of a report card or transcript, standardized test score results, a letter from a school administrator, or a dean’s list or honor roll certificate.

In the case of a home-schooled student, you will need to provide a certification signed by a home-schooled certifying body, such as the State Department of Education.

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