Can I get good car insurance if I'm under 25?

Young drivers may wonder, "Can I get good car insurance if I'm under 25?" The answer is yes. Age does not affect the types of coverage young drivers can obtain for their vehicle, although it is one of the factors taken into account for premium costs. Here are some ways young drivers may be able to get quality coverage while taking advantage of auto insurance discounts.

What kind of auto insurance coverage do I need?

Young adults looking for quality auto insurance coverage may want to consider two things: Which coverages are required in your state and which optional coverages you may want to buy to help protect yourself, your passengers and your vehicle.

First, remember that most states legally require you to carry auto liability insurance, which helps pay for the other person's expenses if you cause an accident. Some states may also require you to have other coverages, such as uninsured motorist coverage or personal injury protection. Finally, if you lease or finance a vehicle, comprehensive or collision insurance may be required by the lease or finance company. These additional coverages are typically optional on a car insurance policy: medical payments coveragerental reimbursement coveragegap insurance coverage and towing and labor cost coverage.

Car insurance discounts for full-time students under 25

If you're a full-time student under 25, you may qualify for a discount on your car insurance that could help lower your premium payments. Here's the catch: You will likely have to maintain good grades. But, nobody's suggesting that only "A" students are eligible for discounts. Many insurance companies specify that as long as student drivers can maintain a B average, they may qualify for a student discount. The main reason you likely aim to do well in school is to get a degree and land a good job, but saving money on auto insurance could be the icing on the cake.

Do you have a renters insurance policy?

If you've moved out of your parents house, do you rent an apartment? Drivers under 25 who have renters insurance may qualify for a multi-policy discount. If you buy auto insurance and renters insurance from the same company, check with your insurer about bunding your products.

What do you do for a living?

Young adults who work for certain corporations, or even a small- to medium-sized business with special discount programs, may qualify for an auto insurance discount. Speak with your human resources department to find out if your company is taking part in a group car insurance discount plan.

If you're self-employed and work from home, or primarily work out of your home office, you probably don't spend much time on the road. Or, you may choose to routinely take public transportation to work. If you don't drive your car often, you may be eligible to buy a pay-per-use car insurance policy. Be sure to consult with your agent to see what's available where you live.

There are many other discounts young adults under 25 may qualify for. Take a look at all of your options, talk to an agent to make sure you are taking advantage of the discounts available to you. If you do, you may find that it's not only possible to get good car insurance under 25, but also at a good price.

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