Buying your first car brings a sense of infinite freedom few other purchases can match, but that liberation doesn't come without a cost. In fact, insuring a vehicle can be quite pricey for new drivers. To help prevent sticker shock, Randolph County Farm Bureau of Asheboro, NC, explains a few things to keep in mind when shopping for your first auto insurance policy.
You Might Qualify for Discounts
Most insurers offer discounts for everything from good grades to a positive credit score. You might also be able to save money by bundling your auto insurance with your renter's or life insurance policy, taking defensive driving courses, or establishing additional safety precautions. If you’re a teenager, your parents can save money by putting you on their policy rather than securing individual insurance.
The Car You Drive Matters
When comparing the costs of different cars, don't forget to include the price of insurance. Models that have poor safety ratings, are frequently involved in accidents, or are often targeted by thieves and vandals are often pricier to insure. To get the most in-depth advice possible, speak to an insurance agent before you go car shopping. They can recommend vehicles that might be cheaper to protect, potentially saving you thousands in the long run.
There Are Different Types of Coverage
Auto insurance includes a variety of different coverages, each of which can be important in specific circumstances. Liability insurance will pay for damages suffered by other drivers in an accident you cause, while collision insurance will cover your own car. Comprehensive car insurance will cover any risks that happen off the road, like hailstorms or theft. If you're taking out a loan, the lender might require you to carry all three.
As a dedicated Farm Bureau Insurance Group, Randolph County Farm Bureau offers a complete line of auto insurance options backed by one of the biggest carriers in the state. Visit the website to learn more about their tradition of excellent customer service, or call (336) 629-9187 for auto insurance quotes today.