Auto insurance coverage is an important (and mandatory, in most cases) product that offers financial protection for drivers and car owners. This coverage can be costly for teens and college-age drivers, though, prompting many parents and young adults to reevaluate their coverage at certain milestones, like when leaving for school.<\/p>\n\n\n\n
About half of college students in the United States bring a car with them to school, according to data from U.S. News & World Report, which translates to millions of vehicles on university campuses nationwide. But many other students rely on alternative transportation, as some colleges even forbid undergraduates from bringing their cars to campus. <\/p>\n\n\n\n
Here\u2019s everything you need to know about car insurance<\/a> for college students, including how much it costs, what type of insurance to buy and how to decide if you need to maintain a policy in the first place.<\/p>\n\n\n\n If your college student will be driving to and from school or around campus, they’ll need car insurance. Most states require<\/a> drivers to carry a minimum level of liability coverage against bodily injuries<\/a> and property damage<\/a>. You may also be required to buy full coverage if the car is leased or financed. <\/p>\n\n\n\n Full coverage<\/a>, which includes comprehensive and collision insurances, protects your investment even if the vehicle is broken into, stolen from campus or wrecked in an at-fault accident<\/a>.<\/p>\n\n\n\n Even if your college student isn’t taking the car to school, it’s wise to keep them insured.<\/p>\n\n\n\n Consider maintaining coverage for your college student if they:<\/p>\n\n\n\n College students can pay 50% to 100% more than older, more experienced drivers.<\/p>\n\n\n\n This is because young drivers are less experienced and therefore considered riskier to insure. Teen drivers account for the majority of serious accidents and traffic fatalities among all categories of drivers, so it stands to reason that they\u2019ll pay for more coverage. <\/p>\n\n\n\n In addition to age, your college student\u2019s premiums will also be impacted by factors<\/a> like their:<\/p>\n\n\n\n More:<\/strong> See average car insurance costs<\/a><\/p>\n\n\n\n Here are car insurance quotes that real Jerry customers between the age of 18 and 24 have recently received:<\/p>\n\n\n\nDo I need car insurance for my college student? <\/h2>\n\n\n\n
\n
How much is car insurance for college students?<\/h2>\n\n\n\n
\n