Teens and young adults often face hefty auto insurance premiums because, statistically, they are more likely to get into car accidents. However, most carriers here in Tennessee offer a simple solution to combat this financial burden—offering a good student discount. Keep reading to learn more.

What Is A Good Student Discount?

A 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 another measurable level of success in school.

Good Student Discount Qualifications

While specific qualifications vary between carriers and states, most 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 a good student discount, you will need to provide both proof of enrollment and proof of academic achievement. This proof can be provided to carriers 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.