An Insurance Guide for New Drivers or Parents With Teen Drivers

Navigating auto insurance can be overwhelming for new drivers and parents of teen drivers. However, understanding the essential coverage options can help protect your finances and your peace of mind.

Essential Auto Insurance Coverage Considerations

The following are essential auto insurance coverage considerations for new drivers or parents with teen drivers:

• Liability insurance is the most basic and legally required type of car insurance in most states. It includes two key components: bodily injury liability, which helps cover medical expenses if your teen causes an accident that injures someone else, and property damage liability, which can help pay for repairs if they damage someone else’s property. For example, if your teen rear-ends another car and the driver needs medical care, bodily injury liability may help with those costs. Similarly, property damage liability may help cover the repair expenses if they accidentally hit a neighbor’s fence.

• 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. It’s a wise choice for areas prone to natural disasters or high crime rates.

• 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. For example, if your teen is hit by a driver who flees the scene or carries only minimal coverage, this insurance may help pay for medical bills, car repairs and other related expenses.

• Medical payments or personal injury protection can help cover medical costs for the driver and passengers after an accident, no matter who was at fault. Personal injury protection may also help cover lost income and other related expenses, offering broader financial support during recovery.

Learn More

For auto insurance near you, contact Sanchez Insurance.

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.