The most expensive time of your life to be paying for car insurance is when you first get your licence. Car insurers who place value on risk ascertain that young people who are behind the wheel for the first time will have a greater chance of claiming than those who've been driving for longer.

However, it seems that some US car insurers are realising that students who do better at school are becoming less of a risk than those who don't. They're even willing to pay discounts of up to 15% to reward students with a "B" average or better.

Read the full article.