Car Insurance for New Drivers

Car insurance is especially important for new drivers because they are more inexperienced.  The less experience a person has driving, the more likely they are to have an accident.

Brandon turned sixteen and on his birthday he got his licence.  His parents gave him a car for his birthday.  One important thing that Brandon’s parents had to do was purchase a car insurance policy for Brandon.  Having insurance is mandatory in the state which Brandon lives in, his parents would have purchased a policy for him anyway.  Brandon’s parents realize the importance of car insurance.

What is Car Insurance?

insurance is an insurance which covers the vehicle, its passengers, or property in the  case of an accident. 

There are two types of car insurance which Brandon’s parents could choose from.  The first is full coverage.  This is the best coverage, especially for a new driver.  This coverage would cover both Brandon’s vehicle as well as the other driver’s if Brandon was at fault in an accident.  Although this is the more expensive of all the insurances, it is the safest insurance, especially for a teenage driver.

The second type of insurance is called collision.  This is the type of insurance which is required in states which make car insurance mandatory.  This insurance will cover the other vehicle if an accident was your fault.  Collision will not however, cover your vehicle.  For example, if Brandon’s parents purchased a policy for him and added collision only to the policy and Brandon was in an accident which was his fault, Brandon would not be covered for the accident.  Any damage done to Brandon’s car would have to be paid for by Brandon or his parents.

There is a third type of insurance which is not a policy which cannot be used on its own.  It is called uninsured motorist.  This will cover a person who has only collision if they are hit by a driver with no insurance.  It can also cover a person’s vehicle if it is involved in a hit and run.
Of the different types of car insurance, full coverage is the type for Brandon or any other new driver.

High Rates for New Drivers

Unfortunately for Bradon’s parents, insurance premiums for new drivers, especially teenagers are incredibly high.  This is because new drivers are more inexperienced and do not have the driving skills yet that other, more experienced drivers have.  Brandon’s parents really had to shop around because all of the insurance rates for Brandon were already high as it was. 

Why Shop Around for Premiums?

It is already expensive enough for a teenager and a new driver to get car insurance.  Shopping around to find the cheapest quote is a good idea.  Many different car insurance companies have many different rates.  Brandon’s parents had the potential of saving hundreds of dollars a year by shopping for the right car insurance rate.

Are there any Discounts for New Drivers?

Just like experienced, adult drivers, there are discounts for new, teenage drivers as well.  This was especially important to Brandon because after shopping around, Brandon’s parents found that his car insurance premiums would be rather high.
 
The first discount which Brandon was eligible for was the driver’s training discount.  This discount is given to those teenagers and new drivers who attended drivers training courses before getting their licences.  Drivers training is a course which teaches future drivers all about driving.  Brandon took these classes and he learned about proper driving safety, the rules of the road, and what can happen if a person is in an accident.  These driver’s training classes show videos of cars that have been in an accident.  Some of these videos can be very gory but they are good scare tactics for those teenagers who are about to get their licences.  These videos made Brandon think twice before speeding.

Another discount that Brandon is eligible for, being a new, teenage driver is the good student deduction.  Any student who does well in school and gets good grades can get a discount on their car insurance.  Many different car insurance companies offer the good student discount.  It is just a matter of finding a car insurance company who offers this discount.  Because Brandon is a straight A student, he qualified for the discount.

Are there Any Car Insurance Companies Made Especially for New Drivers?  
There are some companies now who cater to only teenage drivers and new drivers.  These car insurance companies sometimes advertise on television.  The internet is a very good place to find a car insurance company for new drivers.  When looking on the internet, it is also possible to get a quote as well as purchase a policy.

It is a good idea for Brandon’s parents to see if there are any car insurance agencies in their area which caters to new drivers only.  These companies will usually have cheaper rates than companies who cover both old and new drivers.

Are there Any Other Options for New Drivers?

When a teenager first gets their licence, they do not always get their own vehicles.  Occasionally, their parents will add the teenage driver to their policy.  This does make the parent’s insurance go up, although it is not as expensive as if the parent were purchasing an entirely separate policy for their child.

Even though a parent may be adding their teenage driver to their policy, they will still be eligible for the discounts available.
 
Brandon had his own vehicle so he would need his own insurance.  It may cost more than if he were going to be on his parent’s insurance.

Brandon got a nice new car for his birthday.  Because his parents did some research before purchasing a car insurance policy, they got a great rate of insurance for new drivers.