Are you in school and looking for cheap car insurance? It’s no easy task. Whether you’re a high school student or enrolled in college or university, students tend to pay higher car insurance premiums than their parents.
There are two main reasons for this.
First, in the insurance company’s view, you haven’t been driving long enough to earn discounts or build up a good driving record.
Plus, most students are under the age of 25: the demographic that’s statistically at the highest risk for car accidents
Student car insurance rates may also differ due to other individual factors such as your province, territory and neighbourhood, the car you drive, your gender, and whether you’ve incurred any driving convictions.