The school year is coming to a close and this means report cards will be issued. It’s a great time to ask your high school or college student for their grade report. Students who maintain a B-average or 3.0 GPA are eligible to receive discounts on their auto insurance policies. Many of our companies here at Community Insurance & Associates offer good student discounts that could save you hundreds.
If you have yet to sign of up for the good student discount, make sure you do soon. All you have to do is show proof of a 3.0 grade point average or B-average to receive a discount. The good student discount is available to both high school and full-time college students. Give your agent a call today to sign up to start receiving this great discount.
As the school year winds down, make sure you keep track of you or your students grade report in order to show proof of good grades. One month before your policy renewal, you will be sent a letter in the mail asking to send a grade report to your insurance company. Policy renewals may happen annually or every 6 months. By keeping a grade report from the previous semester and sending it in– you will be able to receive a great discount on your auto policy.
Auto polices can differ, and so can the amount of savings from discounts you will be able to receive. However, the good student discount is a way for your insurance company to repay you or your student driver for doing well in school. Encourage your teen driver or college student to maintain a 3.0 GPA so that you have the opportunity to save hundreds of dollars in insurance.