You’ve said goodbye to studying long hours and taking tests and said hello to life after graduating college (which often involves managing things on your own). This new adventure can be hard, but we’re here to make sure you feel protected on the road if you are getting your own car insurance.
First off, liability insurance is important and legally required. Give yourself a healthy amount of liability coverage and do more than just the state minimum requirement. Remember, your liability limits cover what your legal liability is for a covered accident that involves injury to another person or damage to someone’s property, up to the limit of liability you selected. It is often better to have more than enough liability to be safe.
Also, consider comprehensive and collision coverage. These coverages are optional but are crucial when it comes to protecting your vehicle on the road. If you finance or lease your vehicle, many lienholders do require that you have both of these coverages included on your policy. Comprehensive coverage helps to protect your auto in scenarios like fire, theft, hail, flood, an animal hitting your car, or a tree falling on it. Collision coverage covers damages to your vehicle in the event that it overturns or collides with another car or object. (Despite popular confusion, this does not include an animal).