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There are some car insurance companies that offer discounts for students. Allstate car insurance company offers a good student discount for students who meet certain grade requirements. If you are a full-time student and are unmarried, you may be eligible for this discount, or a similar program with another car insurance company. While there may not be many options out there for cheap student car insurance, discounts like this one can help you bear the brunt of the monthly premium costs. If you are a university student, you may also be able to find student car insurance discounts through your school.