What Is a Good Student Discount for Car Insurance?
In a Nutshell: The good student discount saves 10–20% on car insurance for students under 25 who maintain a B average or better (3.0 GPA). This is one of the biggest discounts available for young drivers. A student with a 3.5 GPA could save $400–$800 per year on their premium.
Good Student Discount by Insurer
| Insurer | Savings | GPA Requirement | Age Limit |
|---|---|---|---|
| Geico | Up to 15% | B average (3.0) | Under 25 |
| State Farm | 10–20% | B average (3.0) | Under 25 |
| Progressive | 10–15% | B average (3.0) | Under 25 |
| Allstate | 10–20% | B average (3.0) | Under 25 |
| USAA | 10–20% | B average (3.0) | Under 25 |
| Nationwide | 10–15% | B average (3.0) | Under 25 |
How to Qualify
| Eligible Students | Proof Required |
|---|---|
| High school student | Report card or transcript |
| College student (full-time) | Official transcript |
| College student (part-time, 2+ courses) | Varies by insurer |
| Graduate student | Transcript (age restrictions apply) |
| Graduated within last 6 months | Final report card or diploma |
How Much You Can Save
| Age | Before Discount (Annual) | After Good Student Discount | Savings |
|---|---|---|---|
| 16 | $5,040 | $4,032 (20% off) | $1,008 |
| 18 | $4,560 | $3,648 (20% off) | $912 |
| 20 | $3,640 | $3,094 (15% off) | $546 |
| 22 | $3,000 | $2,700 (10% off) | $300 |
Key Takeaways
- Saves 10–20% for students under 25 with a B average or better
- Annual savings: $300–$1,000 depending on age
- Proof required: report card or transcript
- Available from most major insurers
- Also covers dean's list, honor roll, and class rank in some cases
Last updated: July 2026
Disclaimer: This article provides general information about good student discounts. Eligibility requirements and savings vary by insurer. Always verify with your specific insurance provider.