Affordable Car Insurance for College Students from 21st Century
At 21st, we know car insurance can be one of the most expensive bills a college student has to pay. We aim to lighten that burden, with the good student discount. If you have grades of a "B" or better, and are under the age of 25, 21st may be able to offer you a discount on your car insurance.*
If you're going away to college and not taking your car, it's important to check with your insurance company if you're eligible for a credit or discount. This could save you even more money on your insurance bill, freeing up cash to spend on things like books or new posters for your dorm room.
Avoid new textbooks
One easy way to save big is to buy your textbooks used. Most likely, you aren't keeping the book after the end of the semester and will sell it back. Unfortunately, you won't be able to buy used books for every course, as newer edition books are often required. Buying used when you can, however, can save you a significant amount of money.
Learn How to Cook
If you're not on a meal plan at college, going out to eat or ordering take-out can be pretty tempting. Late night cramming sessions, or fun nights out with friends, can lead to big dinner bills that can start to add up.
At the same time, there's no need to obsess about constantly chasing a better deal. Jeff Blyskal, senior writer at Consumer Reports, says when the magazine asked readers to try to get a better deal with a competing insurance provider, only 12 percent of respondents were able to do so. That's despite the slew of auto insurance advertisements that would have you think a better deal is always just around the corner.
Once you've settled on an insurance provider, you'll have the chance to consider various add-ons to your policy. In general, the more you pay upfront, the greater the coverage you'll have. For example, you can opt for a higher deductible in order to minimize your rates – probably a good move for anyone who considers themselves a careful driver and can afford the higher deductible in the event of an accident.
You might also want to consider rental coverage. Auto insurance policies often allow you to add on coverage for renting a vehicle while your car is getting fixed after an accident, and if you only have one car, that kind of coverage can pay off. "Every customer who didn't have rental coverage wished they had it," says Richard Arca, senior manager of pricing at Edmunds.com and a former insurance adjuster. It typically adds about $20 for six months to a policy, he says.