You just turned eighteen and you’re technically an adult. You’re just about to take on the real responsibilities -- school, work, and more. You’ll learn new things about yourself, including how well you can finance. This transitional period of your life from high school to college or working full time wouldn’t be complete without some serious and creative life hacks on how to save your money.
So whether you’re saving up for college, your own place, or a once in a lifetime vacation, you could keep a lot of your hard earned money by finding discounts and savings through your car insurance provider. Afterall, solid financial footing is always age appropriate.
Just because you’re technically an adult now, that doesn’t mean you can’t stay on your parent or guardian’s car insurance policy. The cost of living has never been higher and as a young person, you most likely don’t have the financial standing to pay for your own policy. If your primary residence will continue to be with your family then staying on their policy will unlock multi-car discounts. This will save you and your whole family money.
|Driver Profile||Average Insurance Price|
|19 Years Old Driver||Starting from $45/mo|
|Discount Type||Discount %|
|Good Student Discount||25%|
|Driving training discount||4%|
|Good Driver Discount||31%|
|Student Away at School Discount||47%|
|Multiple Policy Discount||25%|