GEICO Student Discount: How it Works, Potential Savings, and More
Excellent
Been here before? Get your quotes back.
)
)
Written byJ.J. Starr
)
J.J. Starr is an insurance and personal finance expert who has been writing for Compare.com since 2022. Her work has been published across the web, appearing on sites such as Insurify.
Prior to writing for Compare.com, J.J. was a registered banker and life insurance consultant, holding a Series 6, FINRA, and life insurance license. She also earned a master’s degree in writing from New York University.
J.J. has a passion for helping people save money by explaining complex topics like car insurance in a way that is simple and easy to understand.
)
Edited byMatthew Gross
)
Matthew Gross is an editor at Compare.com. With a background in editing and SEO, he’s passionate about creating content that helps readers get the information they need to make more informed decisions. Prior to Compare.com, Matthew brought his user-centered approach to his work with global brands like Apple and Adobe.
Matthew graduated from Illinois State University, where he earned his bachelor’s degree in Journalism.
Updated
Reading time: 4 minutes
Why You Can Trust Compare.com: At Compare.com, it’s our mission to find simple ways to help our customers save money on the things they need. While we partner with some of the companies and brands we talk about in our articles, all of our content is written and reviewed by our independent editorial team and never influenced by our partnerships. Learn about how we make money, review our editorial standards, and reference our data methodology to learn more about why you can trust Compare.com.
Advertiser Disclosure
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.
Table of contents
Teen and young drivers often pay the highest car insurance rates. But taking advantage of discounts can help you lower your premium, and GEICO has policy discounts specifically for students. Its good student and student away at school discounts can save eligible drivers up to 15% on their auto insurance.
In this guide, we’ll explain how GEICO’s student discounts work, how much you can save, how they compare to other top insurance companies, and how to maximize your savings.
What Is the GEICO Student Discount?
GEICO offers two student discounts: the good student and student away at school discounts. The company awards students who maintain at least a B average a good student discount. You can prove this by submitting official documentation, like a transcript or report card. The discount typically expires when you reach age 23.[1]
The student away at school discount is for students who attend school full time at least 100 miles awayand leave their car at home. Because these students don’t drive while at school, they have a lower accident risk.
GEICO also offers other discounts suitable for students. For example, the company recommends students take advantage of the good driver discount, which earns drivers a price reduction for accident-free driving for at least five years.
Find Cheap Car Insurance
Compare quotes from top insurers and save money in seconds.
Secure. Free. Easy-to-use.
Based on 1395+ reviews
4.7/5
How Much Can You Save With the GEICO Student Discount?
)
GEICO’s student discounts can save you up to 15% off your monthly insurance premium. The student away at school discount amount varies depending on your location, while the good driver discount can save you up to 22%.
Few GEICO customers have reported their experience with the company’s student discounts, so it’s difficult to determine the average savings. But at least one student earned $40 off their monthly premium with a good student discount.[2] And a parent was able to reduce their costs by $600 annually with the student away at school discount.[3]
Combining good student and student away at school discounts can save you the most money.[4]
How does GEICO’s student discount compare to competitors?
Many car insurance companies offer student discounts. We compiled a list of GEICO’s top competitors to compare their student discounts and average premiums, according to Compare.com data.
Company  | Average Full-Coverage Premium | Offers Student Discount? | Discount Availability | Maximum Discount Savings |
|---|---|---|---|---|
| GEICO | $115 | Yes | Up to age 23 | 15% |
| Allstate | $128 | Yes | Up to age 25 | Unspecified |
| Progressive | $145 | Yes | Up to age 23 | At least 5% |
| State Farm | $116 | Yes | Up to age 25 | Up to 25% |
| Farmers | $228 | Yes | Up to age 25 | Unspecified |
Disclaimer: Table data sourced from real-time quotes from Compare.com's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
State Farm offers the largest discount for good students, at 25%, but not every insurer advertises its discount amounts. Allstate, State Farm, and Farmers allow students to keep the discount up to age 25 — two years longer than GEICO and Progressive.
How to Get the GEICO Student Discount
)
Insurance companies apply some discounts automatically, but others require more work. You usually need to provide proof of eligibility to get a good student discount. GEICO offers a student discount to high school, college, and graduate students younger than 23 who maintain at least a B average.
GEICO doesn’t provide many specifics about this discount, but some customers report getting the discount without providing proof of good grades or enrollment. But have your school transcript or other official documentation ready to show that you meet the eligibility requirements(the company can request proof at any time).
Remember that lying to your insurer — even if only about your grades — is considered insurance fraud. That means your insurer can drop your insurance policy or refuse to pay a claim if it discovers you withheld the truth.
Don’t forget to combine your good student discount with other discounts to maximize your savings and get the cheapest possible premium.
You can verify your discount by reviewing your policy online. Contact GEICO customer service if you need help with the good student discount.
Other GEICO Discounts to Consider
)
GEICO offers a wide range of discounts that you can combine to help save you money on car insurance. The company provides more than 15 car insurance discounts, many of which apply automatically.
Some of the best GEICO discounts to consider include:
Restraint device discount: Save up to 23% for car safety features like airbags and seat belts.
Anti-theft discount: If you have a qualifying alarm system, you can save as much as 23% off your comprehensive insurance premiums.
New vehicle discount: If your car is less than three years old, you can earn a 15% discount.
Clean driving record: GIECO’s safe driving discount offers up to 22% off premiums for drivers with good records.
Federal employee discount: Civil servants can earn up to 12% off their premiums.
Military discount: Active-duty and veteran military members earn up to 15% off their premiums.
Multi-vehicle discount: You can save up to 25% if you insure more than one vehicle.
GEICO Student Discount FAQs
Many auto insurance companies offer discounts for students with good grades or who meet other eligibility requirements. Here’s what to know about student car insurance discounts:
Does GEICO offer a discount for students?
Yes. GEICO offers good student and student away at school discounts, which can lower premiums for eligible students and their families.
Which insurance company offers the largest student discount?
COUNTRY Financial advertises the largest student discount, saving you up to 35%. Discount amounts vary, but most insurers offer discounts for students.
Do college students get discounts for car insurance?
Yes. Many insurers offer student discounts for good grades or using your car less while you’re away at school. Students can also get discounts for things like good driving and taking defensive driving courses.
What GPA qualifies students for an auto insurance discount?
Most insurers require students to have at least a 3.0 GPA or B average to qualify for a good student discount. You may still qualify for other discounts if you don’t meet the eligibility requirements.
Methodology
Data scientists at Compare.com analyzed more than 50 million real-time auto insurance quotes from more than 75 partner insurers in order to compile the rates and statistics seen in this article. Compare.com’s auto insurance data includes coverage analysis and details on drivers’ vehicles, driving records, insurance histories, and demographic information.
All the rates listed in this article have been collected from a combination of real Compare.com quotes and external insurance rate data gathered in collaboration with Quadrant Information Services. Compare.com uses these observations to provide readers with insights into how auto insurance companies determine their premiums.
Related articles
- Car Insurance Discount for First Responders: Top Companies, Potential Savings, and More
- How to Cancel Your AAA Car Insurance Policy in 5 Easy Steps
- How to Cancel Your Kemper Car Insurance Policy in 5 Easy Steps
- How Many Cars Can You Have in Your Name?
- How to Cancel Your Hartford Car Insurance Policy in 5 Easy Steps
- How to Cancel Your MAPFRE Car Insurance Policy in 5 Easy Steps
- How to Cancel Your NJM Car Insurance Policy in 5 Easy Steps
Sources
About Compare.com
Compare.com's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.
- All of Compare.com's content is written and reviewed for accuracy by a team of experienced writers and editors who are experts on the topics they cover.
- None of Compare.com's content is ever influenced by the companies and brands we partner with.
- Compare.com's editorial team operates independently of any of the company's partnership or business development interests. We publish unbiased information strictly for the benefit of our readers.
- All of the content you see on Compare.com is based on comprehensive analysis and all data is gathered and vetted from trustworthy sources.
Learn more about us, our team, and what makes us tick.
)
J.J. StarrInsurance Writer
J.J. Starr is an insurance and personal finance expert who has been writing for Compare.com since 2022. Her work has been published across the web, appearing on sites such as Insurify.
Prior to writing for Compare.com, J.J. was a registered banker and life insurance consultant, holding a Series 6, FINRA, and life insurance license. She also earned a master’s degree in writing from New York University.
J.J. has a passion for helping people save money by explaining complex topics like car insurance in a way that is simple and easy to understand.
Matthew Gross is an editor at Compare.com. With a background in editing and SEO, he’s passionate about creating content that helps readers get the information they need to make more informed decisions. Prior to Compare.com, Matthew brought his user-centered approach to his work with global brands like Apple and Adobe.
Matthew graduated from Illinois State University, where he earned his bachelor’s degree in Journalism.
)
)
)
)
)
)