What are the different types of coverage of car insurance for young driver?

Lynn

Boise, ID

Car insurance for young driver is always expensive. Would-be policy holders have to pay slightly higher premiums than most policies in order to protect themselves and their vehicles, as well as those they might get into an accident with.

There are ways, however, to get cheaper car insurance for young driver. But beware – cheap insurance is not necessarily the best insurance policy. The most important factor to consider in getting car insurance for young driver is the coverage that it offers.

Here are the three different types of coverage of young driver car insurance:

Third Party
This type coverage is the minimum required by the government. This is usually applied for when registering or renewing vehicle registration. It covers the driver against damage to property, loss of life, and injuries that passengers may incur because of the accident.

Third Party, Fire and Theft
This is an improved version of the previous policy. This type of coverage includes damages that may be done to your vehicle caused by accidental fires, as well as possible car replacement, if stolen.

Fully Comprehensive
This type of coverage is the most expensive. Aside from providing the same type of guarantee the first two types of coverage give, it also provides compensation for theft of valuables left inside a vehicle; medical injuries and death of insured and victims.

I am only 18 years old and I am just wondering what is the best insurance plan to go with if you are a teenager and you are just about to get your drivers license in Washington?

Tom

Vancouver, WA

Almost every state including the state of Washington requires you to purchase a minimum amount of liability coverage. Chances are that you will need more liability insurance than the state requires since accidents cost more than the minimum amount limits. If you are found legally responsible for damages that are more than your auto insurance insurance policy covers, you will have to pay the difference out of your own pocket. These bills could wipe you out! You must consider how much you stand to lose or have the potential to lose (as you are still young). You may want to purchase as much coverage as you feel comfortable with and a car insurance coverage that you can afford.