FOX13 INVESTIGATOR: How the student’s report card can save you money on car insurance

SEE: FOX13 INVESTIGATES: How Your Student Certificate Can Save You Money on Car Insurance SEE: FOX13 INVESTIGATES: How Your Student ID Card Can Save You Money on Car Insurance

CENTRAL-SOUTH – Residents of the Central-South region have record high gas prices, food costs and, in some cases, rising rental costs. Parents with a new teenage driver may experience car insurance for another item that is rising in price.

The price of most car insurance policies goes up when a parent adds a new teenage driver. This is because the driver has no experience. FOX13 is researching ways to save people in the middle south from their car insurance.

One option is for parents to save their teenage report.

FOX13 learned that most auto insurers, such as Allstate, Nationwide, State Farm, and Geico, offer a discount to a good student if the teenage GPA or B average is maintained.

How much a parent can save depends on the insurance company and how much your current policy rate is.

With Allstate and Nationwide, parents can save up to 10% off a good student discount. With Geico, parents can save up to 15%, and with Sovhoos, parents can save up to 25% with a Good Student discount. Companies like Allstate and Nationwide also allow customers to double their discounts.

Cynthia Scales, owner of the Allstate Insurance Agency, tells FOX13 how parents can double the discount.

“The second discount they can make at the same time is called the Drivewise discount,” Scales said. “This Drivewise discount can range from 0 to 25 percent.”

For Drivewise discounts, teen drivers must download the Drivewise app. The app then monitors your teen’s driving habits. The better the ride, the more money parents can save.

Nationwide has a similar discount. Christine Adams, an agent at Ephlin Insurance Group, tells FOX13 how their customers can double the discount.

“There’s a multi-policy discount, a good student discount if they’re good students, a multi-car discount, depending on the driver ratio,” Adams said.

The state farm is a little different. Sovhoos allows customers to combine up to three discounts to save money.

There is a good student discount and their Steer Clear discount, which requires students to complete online training, record a certain number of driving lessons, and receive instruction from friends or family to receive a discount. Then teenagers can get a third discount if they go through driver training.

Misty Rosser-White, state farm insurance agent, tells FOX13 that in addition to saving money, students can become more confident with their ride.

“It also gives the student confidence while driving,” said Rosser-White.

FOX13 also spoke with John Thomas, a parent who decided to make his son wait for a driver’s license. Thomas tells FOX13 that he made his son wait to make sure he was ready to receive Memphis riders.

“We wanted to make sure he was ready, that he was mature enough, and that’s why we waited,” Thomas said.

During the waiting period, Thomas tells FOX13 that he and his wife must have directed certain things to their son and repeated certain traffic rules.

“When we drove, we brought things out to him, we made him pay attention to certain things, what are the rules in case the traffic lights are off,” Thomas said.

Thomas started it early because he knows how crazy Memphis riders can be. He did not want his son to be affected by the way other younger drivers drive.

“Some of them see how some of these other drivers are, and they may think it’s okay to drive 70 miles an hour in and out of Poplar, but that’s not the case,” Thomas said.

Thomas tells FOX13 that his son is getting a good student discount from their insurance company. That saves him just over $ 50 every six months. Thomas says he was also aware of the car he bought for his son, and knowing the make and model could also increase his insurance rate.

“I knew I wasn’t going to put him in a sports car, so I wasn’t very worried about it being very expensive in Arcadia,” Thomas said.

If you feel that your insurance policy is still too expensive, you may have other factors to look into. See the history of the leader of all political actors.

Does anyone have tickets? How much? Have any of the drivers been involved in any accidents? These are all factors that can increase your insurance rate. FOX13 Investigates also discovered that your place of residence could affect the amount of your car insurance.

Nationwide insurance agent Christine Adams tells FOX13 that living in an area with a lot of uninsured drivers can increase your insurance rate.

“The insurance company knows that if you have this insurance coverage, we will probably have to pay the uninsured driver’s claim,” Adams said.

FOX13 Investigates also discovered another problem: a large number of drivers in the Central and South countries do not have insurance.

A 2021 study by the Insurance Information Institute found that all three Central-South states are in the top ten for most uninsured executives. Mississippi was in first place, with 29.4% of drivers uninsured. Tennessee is ranked 3rd with 23.7% of uninsured drivers and Arkansas is ranked 8th with 19.3% of uninsured drivers.

You can read the full study here.

Who is cheaper Progressive or Geico?

Geico vs. progressive pricing Geico prices are generally generally lower, but Progressive tends to offer better rates for those with a recent DUI, wrongful accident, or speeding. On the same subject : A $ 400 Michigan auto insurance refund is coming: 8 key questions you might have.

Is GEICO cheaper than progressive? Progressive pricing. Both Geico and Progressive offer low-cost car insurance to drivers across the country. Geico prices are generally lower, but Progressive tends to offer better rates for those with a recent DUI, wrongful accident, or speeding.

What is the cheapest insurance option?

Insurance company	Average monthly fee	Average annual rate
GEICO	$ 102	$ 1224
Nationwide	$ 106	$ 1272
Progressive	$ 107	$ 1284
state farm	$ 112	$ 1344

What insurance type is cheapest?

Third party insurance is the minimum level of insurance required by law. To see also : 21st Century Car Insurance Review 2022 – Forbes Advisor. Assume that only third-party insurance is the cheapest option, as it offers the least protection of all the types of insurance available, so you may be surprised to know otherwise.

What is the cheapest insurance per month?

Geico offers the cheapest car insurance at $ 29 a month, according to NerdWallet’s analysis of average minimum coverage rates.

Which company has the cheapest option for full coverage?

Cheapest Full Car Insurance Companies State Farm is the nation’s cheapest widely available company for full insurance policies, with an average rate of $ 1,310 per year or $ 109 per month.

What is the cheapest auto insurance carrier?

Who has the cheapest car insurance? Among public insurers, the USAA has the cheapest interest rates, $ 36 a month, followed by State Farm, $ 44 a month. To see also : How auto insurance claims are deposited. The best cheap local businesses are the Farm Bureau, which costs $ 39 a month, and Erie, which costs $ 42 a month.

Who is cheaper Geico or Progressive?

Both Geico and Progressive offer low-cost car insurance to drivers across the country. Geico prices are generally lower, but Progressive tends to offer better rates for those with a recent DUI, wrongful accident, or speeding.

Is Geico cheaper than Liberty Mutual?

Geico is the clear winner of affordable car insurance rates. Geico car insurance quotes are 8-44% cheaper than Liberty Mutual’s. In addition, Geico’s both minimum and full insurance policies are cheaper than the national average.

Why are Geico rates so low?

Geico is so cheap because it sells insurance directly to consumers and offers a lot of discounts. Selling direct-to-consumer insurance eliminates broker costs and allows Geicol to have significantly fewer local offices and agents than companies such as State Farm and Allstate.

Is GEICO cheap or expensive?

Geico is so expensive because car insurance is generally expensive due to the cost to insurers. But with $ 506 a year, the average Geico car insurance policy is actually cheaper than most national competitors. In fact, Geico Wallet is at the forefront of the analysis of the 10 cheapest car insurance companies.

Why is GEICO charging me so much?

Geico rates increase when drivers add coverage, have an accident, receive a speeding report or file a claim. Certain life events, such as adding a teen driver to your policy, can also increase your prices. In addition, you may lose discounts, which may increase your premium.

Does GEICO save you money?

Car insurance. Of course, one of the fastest ways to save money is to replace your car insurance with GEICO. After all, it only takes 15 minutes to get a quote, and new GEICO customers report an average saving of over $ 500 a year.

Why are GEICO rates so low?

Geico is so cheap because it sells insurance directly to consumers and offers a lot of discounts. Selling direct-to-consumer insurance eliminates broker costs and allows Geicol to have significantly fewer local offices and agents than companies such as State Farm and Allstate.

Do car insurance check your GPA?

Insurance companies certainly do not check your scores when contacting the school.

What is a good GPA for insurance? Get good grades One of the following: B or 3.0 GPA or 20% best in class.

Does your education level affect your car insurance?

Most studies show that drivers can save $ 300 to $ 600 a year if they have some type of secondary education. The savings depend on your level of education. Usually, a person with a twelfth grade education pays about $ 300 a year for high school dropout.

Why does education matter in insurance?

The reason good students pay less for insurance is also the reason why people with a high level of education pay less: educated people tend to take less risk. They may not be better drivers, but they are often not involved in high-risk behaviors such as drunk driving or traffic offenses.

What factors affect car insurance premium?

Some of the factors that can affect your car insurance premiums are your car, your driving habits, demographics, and the covers, limits, and deductibles you choose. These factors may include, for example, your age, your car’s anti-theft features and your driving experience.

What can prevent you from getting car insurance?

What are the reasons why you can’t take out car insurance?

• You have not traveled for years or you do not have an insurance card. …
• You are the new leader. …
• You live in an area of ​​high crime, where theft and vandalism are common.
• You have a high-performance car with a higher risk of theft.
• You have a bad credit score.

Does GPA affect car insurance?

Yes, scores affect car insurance because every major car insurance offers a good discount for students. Most insurers offer discounts of up to 25% for good grades if the driver named in the policy is single, in high school or college, and is between 16 and 25 years old if they have a B GPA.

Can you lie about GPA for insurance?

It is up to the insurance company to decide whether insurers will take further steps to verify the legality of these classes. If you have reported fake scores to your insurer and fraud is detected, they may revoke your good student discount and pay for the discount.

What GPA do you need for insurance discount?

Car insurance companies can consider you a good student if you can show one of the following: Good scores: Depending on your insurance company, you may need a B-grade or a GPA of 3.0. Good standardized test results: You must show your insurance company the results of your SAT, ACT or PSAT tests.

Is lying on insurance application a crime?

Falsifying life insurance application information can seem like a harmless way to get a better interest rate. However, if you are caught lying in your application, you could face a number of consequences, including prosecuting insurance fraud, which could lead to criminal prosecution.

What happens if you lie about your GPA to an insurance company?

Intentional lying to an insurance company is a form of fraud and can lead to fines, community service or even imprisonment. If you lie to your insurer, you may be denied insurance coverage, you may be charged higher interest rates, or you may face fines, community service, or even jail time.

Is a 5.0 GPA good?

In most high schools, this means that the highest GPA available is 5.0. A GPA of 4.5 indicates that you are in very good shape for college. You are likely to be in high-level classes, earning As and high Bs. 99.74% of schools have an average GPA of less than 4.5.

What is the GPA of 5.0? The traditional unweighted GPA scale ranges from 0 to 4.0, while the weighted scale ranges from 0 to 5.0. Schools using the weighted scale will award more points to awards and AP grades. For example, students earning a point in the AP calculation receive a weighting of 5.0 and an unweighted score of only 4.0.

Is a GPA of 5.0 possible?

It depends on the scale Typically, high schools using a weighted GPA choose a scale from 0 to 5, which gives the highest possible score of 5.0. GPAs higher than 5.0 are rare, but school scoring systems are occasionally structured so that students in the advanced class can earn bonus points.

What is a 5.0 GPA?

The GPA of 5.0 is thus the result of a weighted scale. 5.0 generally indicates that the student attended only 5.0 scale classes and earned only A (and / or A).

How do you convert a 20 GPA to a 4.0 scale?

We use x to denote the percentage. The formula used to convert the percentage to GPA (on a scale of 4.0) is (x / 20) – 1 = GPA …. For the following result, simply combine it with the formula:

• 89/20 – 1 =
• 4.45 – 1 = 3.45.
• The GPA equivalent of 89% is 3.45.

What is considered a good GPA?

GPAs of 3.0 to 3.5 are generally considered good enough in many high schools, colleges and universities. The best academic institutions usually require GPAs higher than 3.5.

How good is a 4.8 GPA?

Anything above 4.0 is a weighted average of the scores. The best grade in the class is “A”. “A” is worth four quality points. All “A” classes are equal to 4.0 unweighted gpa. Anything above 4.0 is weighted in gpa.

Is a 4.8 GPA good in college?

A GPA of 4.5 indicates that you are in very good shape for college. You are likely to be in high-level classes, earning As and high Bs. 99.74% of schools have an average GPA of less than 4.5. You can apply to colleges and get a good chance to enter.

Is it possible to get a 4.9 GPA?

This means that if the GPA scale is outside of 4.5, they should have a score of 4.4 or higher, a scale of 4.9 or higher, and so on. As with unweighted GPAs, admissions officers seek good grades in advanced courses.

What grade is a 4.8 GPA?

The 4.0 scale is the most commonly used GPA scale. 4.0 denotes A or A, with each integer being one whole point lower: 3.0 = B, 2.0 = C, and 1.0 = D.

Is a 6.0 GPA possible?

These course scores are usually weighted and are usually rated on a five-point scale instead of four, so if you get a score of “B”, it equals 4.0 and “A” gives you a score. 5.0 of Some schools offer praise classes and advanced internships in the 6.0 GPA format.

What’s GPA in French?

noun. (USA) Note f moyenne ⧠«moyenne f.

What is a 4.0 GPA in Quebec?

Book grade	Percent	GPA
B	70-74%	6
B-	65-69%	5
C	60-64%	4
C	55-59%	3

How is GPA calculated in France?

In this system, A = 4, B = 3, C = 2, D = 1 and F = 0 (excluding pros and cons). Add the total number of points for all classes in a given period, divide by the number of classes, and get the student’s overall GPA.

What is the best student discount card UK?

UK Student Discount Cards – A Quick Summary

• NUS discount card.
• University student card.
• International Student Card (ISIC)
• UniDays discount application.
• Student travel cards.
• 18+ student oyster card.
• Student debit card.
• Tesco club card.

What can a student card be used for in the UK? NUS card. The NUS card is a student ID card that gives access to travel, food, entertainment and many other discounts. With a NUS card, you can apply for a student TV license or even a tax exemption. The process of obtaining a NUS discount card is relatively worry-free.

Is Totum Pro better than Totum?

TOTUM is a student discount card available to higher and postgraduate students, while TOTUM Pro is for professional students (ie people studying part-time professional qualifications or current members of a recognized professional association).

What is the difference between Totum And Totum digital?

TOTUM AGE ID and TOTUM PRO AGE ID are essential updates for you. Click for more information on our proof of age. TOTUM Digital membership is available for 12 months, while TOTUM and TOTUM PRO membership is available for 1, 2 or 3 years. Your choice, your TOTUM.

What does Totum Pro get you?

TOTUM is the number 1 student discount card and application that gives you access to huge offers on food and basic necessities, technology, travel and home delivery. In addition to fashion, beauty and more. TOTUM puts all the best student coupons, vouchers and discounts exactly where you want them – in your pocket.

Is it worth getting Totum?

It will get you back your entire degree. If you buy a two-year TOTUM card, they will receive another year for free, which means you will be covered for the entire course. It’s reliable, your bank account’s best friend, and it’s so enjoyable for such hard work.

Is NUS And Totum the same?

TOTUM is an extra new name for the popular student discount platform NUS.

What is NUS student card?

The NUS card is a form of student ID card and can be used to find discounts at certain stores or restaurants.

When did NUS become Totum?

In August 2018, we introduced TOTUM’s student discount platform # 1. Bigger, stronger and overall better, it’s NUS extra but with a turbocharger!

Is Totum NUS extra?

With more than 350 offers, exclusive offers, a 12-month free ISIC and a passport age ID, TOTUM is even more advanced and better than ever.