Student Auto Insurance Insurance for students (especially good ones), is usually cheap.

It's no secret that car insurance is expensive for teen drivers, but for younger drivers enrolled in college or high school, there are discounts available. Nearly every company offers a good student discount for any student maintaining a B average or better. There are other ways to save money as well.

Many times when a student attends college, his or her car is left at home and driven only on weekends and holiday trips home. In this case, it's important to let the insurance company know that the student will be driving only infrequently. In fact, many insurance companies have a special classification for students who only drive cars when they are home from school. The rates in this situation are substantially cheaper than those for regular drivers.

Even if a student will be taking a car with them to college, insurance companies are aware most students don't drive to their college campus. Once a student leaves home, he or she should be able to secure a significant rate cut.

While you're on the phone with your insurance company discussing student auto insurance, it's a good idea to inquire about renters insurance. Students tend to acquire a wealth of small, easily stolen, expensive devices like laptops, iPods, smart phones, and other items. For what is typically a little over $100 a year, all of their possessions are covered. Even if their stuff is out of their dorm room or apartment (in their backpack at a coffee shop, for example), a renters insurance policy protects their belongings.

Student life isn't cheap and tuition isn't getting any cheaper. While you can't drop a student from a family plan altogether if they will still be driving occasionally, take the time to call your insurance provider and get a lower rate.