Many student drivers end up inheriting a car through their parents, but when it comes to car insurance cover, this is something they have to pay for themselves. And when it comes to shopping for insurance, what’s a high school or college student supposed to do? Expectantly, they prioritize by price. Because what’s less appealing than the option of spending more cash on something you’ll never physically use? “Let’s see, I can buy food or books with this money, or I can buy more coverage with this money?” The former is the more likely choice.

But does this approach to car insurance cover make the most economic sense? It really doesn’t, especially if the customer is going with the cheapest product out on the market. In many cases, the cheapest product ends up not only offsetting any savings realized by lower premiums, but costing a subscriber so much more than a higher premium policy ever could.