Auto Insurance for New Drivers

As a new driver, it may be overwhelming to understand the nuances of auto insurance. Whether you’re a teenager embarking on your driving journey or an adult who is new behind the wheel, it’s essential to familiarize yourself with auto insurance basics.

What Is Auto Insurance?

Auto insurance is an agreement between you and an insurance provider. By paying a monthly, quarterly or annual premium, the insurer can help cover specific incidents as outlined in your policy. These incidents often include accidents, theft and weather-related damage. Auto insurance typically offers the following coverage options:

• Bodily injury liability can help cover medical expenses if you cause an accident that injures someone else.

• Property damage liability can help pay for repairs if you damage someone else’s property.

• Collision coverage can help pay to fix your vehicle if it’s damaged in an accident, no matter who was at fault.

• Comprehensive coverage can help financially protect against noncollision incidents like theft, vandalism or weather damage.

• Uninsured/underinsured motorist coverage can offer financial support if you’re involved in an accident with someone who either lacks insurance or doesn’t carry enough to cover the resulting costs.

• Medical payments coverage can help cover you and your passengers’ medical expenses in the event of an accident.

Why Is Auto Insurance Important?

Auto insurance is essential for the following reasons:

• Auto insurance is a legal requirement in most states. Without proof of insurance, you may face legal and financial consequences.

• Auto insurance offers financial protection. Without it, you would have to pay for a costly incident entirely out of pocket. For example, if you hit a deer that totals your vehicle and you don’t have comprehensive insurance, you would not receive any financial compensation. You would no longer have a vehicle and may not have the means to replace it.

• Auto insurance can also offer mental comfort, especially for new drivers who may feel less confident behind the wheel. It can help ease the worry of unexpected incidents and let you focus on driving safely.

Learn More

For auto insurance guidance near you, contact Wilkinson Insurance Agency.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.