Why Do Students With Good Grades Get an Insurance Discount?

Insurance rates are calculated based on statistics. Grades factor into insurance rates for students, because statistically, students with high grades have fewer accidents that students with lower grades. This does not mean that every good student will remain accident-free, or that every student with lower grades is a bad driver. However, the trend is significant enough that insurance companies consider it a good policy to give statistically lower risk students with As and Bs an insurance discount.

To learn more about car insurance discounts for young drivers, contact a friendly Indianapolis car insurance agent of Insure on the Spot today at 1-888-972-SAVE.