Buying your first car is exciting, but figuring out insurance for the first time can feel overwhelming. This guide walks you through everything you need to know, from understanding coverage types to finding the best rates as a new driver.
Get Insurance Quotes Before You Buy
One of the biggest mistakes first-time buyers make is not checking insurance costs until after they've bought the car. A sporty coupe might cost twice as much to insure as a practical sedan. Before you commit to a vehicle, get insurance quotes for your top 2-3 choices. You'll need the year, make, model, and VIN (if available) to get accurate quotes.
Coverage You'll Need
If you're financing or leasing your car, your lender will require "full coverage"—that means liability plus collision and comprehensive. If you're buying the car outright with cash, you only need to meet your state's minimum liability requirements, but carrying more protection is usually wise.
Finding Discounts as a New Driver
New drivers typically face higher premiums due to lack of driving history. But you can offset this with discounts: good student discounts (if you're under 25 with good grades), defensive driving course completions, bundling with renters insurance, and choosing a car with good safety ratings and anti-theft features.
