GEICO Student Discount: Everything You Need to Know
Introduction:
As a student, saving money on insurance is essential for managing your budget. Fortunately, GEICO offers some excellent discounts for students to help you save on your auto insurance policy. In this article, we will outline everything you need to know about the GEICO student discount program.
Eligibility Requirements:
To qualify for the GEICO student discount, you must meet the following criteria:
1. Be a full-time high school, college, or university student.
2. Maintain a “B” average or better (3.0 grade point average or higher).
3. Be under 25 years old.
Discount Types:
There are three types of student discounts available through GEICO:
1. Good Student Discount – Save up to 15% on select coverages if you maintain a “B” average or better.
2. Distant Student Discount – Save when you’re attending school more than 100 miles from home and don’t have access to a car.
3. Membership Discounts – Save when you belong to an affiliated fraternity, sorority, or honor society (over 375 organizations are part of the GEICO network).
How to Apply for the Discounts:
Follow these steps to apply for the GEICO student discounts:
1. Visit the GEICO website and start a new quote for auto insurance.
2. During the quoting process, provide information about your current academic status and achievements.
3. If you qualify for any of the discounts mentioned above, they will be automatically applied during the quote process.
4. Once your quote is complete, you can purchase your policy online or over the phone with a GEICO representative.
Maintaining Your Discount:
To ensure that your student discount remains active on your account, it’s essential to maintain the required eligibility criteria mentioned above.
1. Keep track of your academic performance and update GEICO when necessary.
2. Notify GEICO if there are any changes in your membership status with affiliated organizations.
3. Stay involved with your school and communicate with GEICO if you change schools or your attendance status.
Conclusion:
GEICO’s student discounts can help you save a considerable amount on your auto insurance policy. Familiarize yourself with the various discounts available, ensure you meet the eligibility criteria, and apply for the discounts when obtaining a quote. By doing this, you’ll be well on your way to securing valuable savings on your auto insurance policy while pursuing your education.