Shuman Roy is an entrepreneur, business owner, and musician. He started RoysNoys, LLC in 2013 as a music production and education service company. He also offers small business consulting and advisory services to help businesses get from start-up mode to turn-key operations. Shuman earned his M.B.A from the Stern School of Business in 2001 and has an undergraduate degree from Manhattan College in ...

Full Bio →

Written by

Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Joel...

Full Bio →

Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jul 19, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.


Insurance discounts are all the rage right now.

Tons of drivers seem to be clamoring to get every possible auto insurance discount out there in order to reduce their overall insurance premium, especially when adding a new teen driver to a policy…Ouch!

(How much is car insurance for a 16 year old?)

The good student discount is very popular among parents of youngsters. Basically, this discount, which can go by many different names, affords a break in premium for students who maintain a “B”, or “3.00” average in school.

How Do I Prove I’m a Good Student?

Insurance companies certainly don’t check your grades by contacting your school…they’ve got better things to do with their time.

But they certainly don’t just take your word for it for either.

A copy of school transcripts or a “most recent” copy of a report card must be submitted with an auto insurance application in order for the discount to be honored.

Your “smiley face sticker” grade from Junior High School will not pass the test, so leave it at your mom’s house.

When Good Students Go Bad

So you had a tough semester and your current grades reflect it. This can disqualify a student from the discount on the policy when it renews.

TTAI is not aware of an insurer that requires grade reports more frequently than at policy renewal.

How fast the discount is removed (if you can’t get your grades up) depends on your policy term.

If you have 12-month policy, you may be able to get the grades up before the policy renews and the insurer asks for a new report card.

If you opted for the six-month auto policy, or that’s all your current insurer offers, you’ll be providing report cards more often.

The best advice we can give is to keep up at least a “B” average. It keeps your parents and insurer happy.

Worried About Increasing Rates?

Get insurance quotes online to determine how much you should be paying for car insurance.

Once that’s complete, visit or call a local independent insurance agent to have them shop your rate with several insurers to get as close to that rate as possible.

You never know. There is likely a car insurance company out there who can beat your current premium without a good student discount…you just need to shop around.