Good Grade Discount September 4, 2019 Getting a driver’s license can be an exciting time, but chances are it may be less so for parents. This newfound freedom for the new, young driver also means a policy update or addition to maintain the necessary auto insurance coverage. If a vehicle is being added to the policy for the new driver, it will require adding a new coverage line. If the driver will be sharing a car that is already under the policy, that will require a policy update as well. Adding coverage or adjusting coverage can mean changes in price. Most times, a new, young driver will be more expensive to insure. Luckily, many insurance providers offer a good grades discount for car insurance. Read more about this discount and contact your agent to apply: To be eligible for this discount with OKFB Insurance, a student must*: Be a full-time student in high school, college or university Have a scholastic record during the immediately preceding school semester or quarter that shows one of the following: 3.0 GPA or B average Scholastic rank in the upper 20% of his/her class Included on the “Dean’s List,” honor roll or other comparable scholastic recognition list Send the insurance agent a copy of the student’s most recent scholastic record Apply for the scholastic credit with your agent Contact your agent to see if your student is eligible to receive this discount. While you’re at it, take a look at our other discounts for Auto Insurance policies. *Depending on your carrier, these eligibility requirements may vary.