Low Mileage Auto Insurance Discounts for College Students

8/5/2013 4:53:57 AM

Students are heading back to school in a month or less! Can you believe the summer is already coming to a close? As a parent, you may be having mixed feelings. Sure, you love their company at home but sometimes it is nice to have peace and quiet at home—right?

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Do you know what else is nice about kids going back to school? Possible discounts on insurance premiums. That’s right! If you are the parent of a college-bound student, you may be eligible for a lower auto insurance premium. But how?

Chances are, your son or daughter drives their own vehicle. Depending on where your child is attending college in the fall semester, he or she may or may not be able to have a car on campus. If your child CANNOT have a car on campus, this may equal a low mileage discount.

A low mileage discount is designed for drivers who are using their cars sparingly throughout the year. If he or she shares their vehicle with another family member, a low mileage discount may not apply. HOWEVER, if their vehicle will be idling in the driveway all season, you must call our agency! A low mileage discount can lead to a low rate auto insurance policy.

Keep in mind: It is not ideal to take rid of your teen’s auto insurance policy all together. If they will be coming home for winter or spring break, they may want to take their car for a spin or two—especially if they are excited to visit friends! Ridding of coverage completely may ultimately lead to a financial disaster.

If you are interested in hearing more about low mileage discounts, do not hesitate to call our experts at Mitchell and Mitchell Insurance Agency. We would be happy to discuss your options with you!

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