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10 Money-Saving Tips for Your Car Insurance Policy

5. College Graduate? Tell Your Insurer

College Graduate? Tell Your Insurer

Some auto insurance companies offer discounts to drivers who have completed college, so tell them about your education if you want to save money on your car insurance.

When valuing liability insurance, the risk is the driving factor. Insurers assume that people who graduate from college have a better understanding of driving safety than those who don’t. College graduates are generally safer drivers and so they should be considered lower-risk drivers for a liability policy.