Grades are important. For college students and parents alike the motivations to get good grades are plentiful. Good grades can be essential in keeping student aid such as scholarships and grants. Auto insurance companies for college students also offer discounts for students that maintain a high grade point average (GPA). College auto insurance discounts can save up to 25% on the student’s insurance premium.

Most good student discounts require a GPA of a “B” or above. On a four point grading scale this is a GPA of 3.0 or greater. For most insurance companies there is only one level of good student discount tied to grades. College auto insurance discounts based on grades are due to the insurance company analysts determining that good grades show a level of determination and responsibility that results in a lower risk to the insurance company through less claim activity.

For many parents and college students auto insurance discounts help motivate the student to keep their grades up. College students typically pay up to twice what their parents pay for auto insurance, and the discount of up to 25% can result in enough savings to pay for the students books.

Here is some helpful information from our Online Help System when you get a quote and purchase through CarInsurance.com:

Please indicate if the individual under age 25 is a full-time student maintaining a "B" average, or otherwise qualifies as a "good student".

A young driver qualifying as a "Good Student" is a full time student in high school, college/university, or a certificate degree program. The student should meet at least one of the following criteria:

• In schools designating grades by letter, had a grade average of B or its equivalent
• In schools where numbers are used to designate grades, had an average of at least 3 points for all combined subjects
• Is ranked scholastically among the upper 20% of his/her class
• In schools that maintain a Dean's list, Honor Roll or comparable listing for scholastic achievement, was included on such a list