auto insurance for new drivers

Getting Auto Insurance for New Drivers

If you’re a new driver, you know how important it is to get auto insurance. Along with fulfilling a legal requirement, getting auto insurance as a new driver protects you from financial liability, medical expenses, and other legal consequences in the event of an accident or car theft. Having auto insurance gives you the much-needed peace of mind when you’re on the road, knowing that you’re covered if the unexpected happens.

However, new drivers pay more for auto insurance because insurance companies consider new drivers with limited driving experience to be a risk. Luckily, there are many ways new drivers can lower their auto insurance premiums and save money while getting the best coverage. There are many insurance companies that offer incentives and discounts which make auto insurance policies more affordable for new drivers. Therefore, when shopping for auto insurance as a new driver, it’s advisable to compare auto insurance policies from different companies. 

New driver looking for the right auto insurance coverage for you? Here is what you need to know:

There are three main types of auto insurance:

Fully comprehensive auto insurance—This is the highest level of coverage plan that covers third-party liabilities, theft, fire, vandalism, falling objects, natural disasters like earthquakes & rock sliding, animal damage, and any other damages caused to you and your vehicle, even if you were at fault for the accident. Fully comprehensive is the most preferred auto insurance policy as it comes with a wide range of benefits.

Third-party, fire, and theft—This policy covers your liability for the damage you may cause to a third party, including bodily injury and property damage, as well as the loss suffered if your car is stolen or damaged by fire.  

Third-party– This policy provides coverage against liabilities to other parties for damage caused to their vehicle, property, and bodily injury. A third-party coverage plan doesn’t cover you and your vehicle. This is the minimum cover required by the law. 

How to get cheaper auto insurance for new drivers

  • Avoid car modifications

While some cosmetic car modifications may not affect your premiums, there are specific modifications that are likely to increase your insurance premiums significantly. Car modifications that increase the value of your car or those that raise the risk of theft are known to increase premiums by hundreds of dollars. However, modifications like parking sensors and tow bars can lower your premiums. 

  • Bundle your policies

Some insurance companies offer discounts to clients who carry multiple policies with them. If you already carry other types of policies, ask the insurance provider if they offer such discounts. You may also lower your premiums by taking advantage of discounts such as good student discounts and discounts for driver training programs. 

  • Raise your deductible

Increasing your deductible will reduce your premiums because you’ll be assuming a portion of the total cost of a claim. 

Generally, the best way to get the right auto insurance policy as a new driver is to compare quotes from different auto insurance companies before you buy.

Get Insured Online help new drivers find the best auto insurance rates that fit their budget and needs. 

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