How to Add Good Student Discount with Geico

What is Good Student Discount?

Good Student Discounts are incentives offered by many insurance companies, such as Geico, to reward those students who have maintained a certain grade point average. Depending on the insurance company, the discount can range from 5 to 25 percent and can save you quite a bit of money on your car insurance premiums. In order to be eligible for the discount, most companies require that the student is at least 16 years old and enrolled in school full-time.

How to Qualify for the Good Student Discount with Geico

To qualify for the Good Student Discount with Geico, you must meet the following criteria: You must be a full-time student ages 16-24, enrolled in an accredited high school, college, university, or technical school. You must have a good driving record with no more than one traffic violation in the last three years and no more than one at-fault accident in the last three years. You must also have a “B” average or higher, as determined by your school’s grading system.

How to Apply for the Good Student Discount with Geico

Applying for the Good Student Discount with Geico is a simple process. First, you will need to contact your local Geico office and obtain an application. Once you have filled out the application, you will need to submit your school transcripts or a copy of your report card with your application. You will also need to provide a copy of your valid driver’s license.

Once your application and supporting documents have been submitted, Geico will review your information and determine if you are eligible for the discount. If you are approved, you will receive a revised insurance policy that reflects the Good Student Discount.

How to Maintain the Good Student Discount with Geico

Maintaining the Good Student Discount with Geico is just as easy as applying for it. All you will need to do is submit your updated transcripts or report card to Geico each year that you are eligible for the discount. To ensure that you are keeping up with your school work, Geico may also ask for documentation from your school to verify that you are still eligible for the discount.

How Much Can I Save With the Good Student Discount?

The amount you can save with the Good Student Discount depends on the state you live in and the type of coverage you have. Generally, the discount can range from 5 to 25 percent and can save you quite a bit of money on your car insurance premiums.

Conclusion

The Good Student Discount from Geico is a great way to save money on your car insurance premiums. All you need to do is meet the eligibility requirements and submit the necessary documents to Geico. You can then enjoy the savings of up to 25 percent on your car insurance premiums.