Auto Insurance for New Drivers: Tips for Finding Affordable Coverage

As a new driver, you’re likely aware of the importance of auto insurance. These policies are not only critical for financially protecting your vehicle and interests, they’re also often required by law. As such, failing to carry compliant coverage could incur significant fines and penalties, including even having your newly acquired license revoked. Still, while auto insurance is essential, it can also be a costly bill to add to your expenses. With this in mind, the team at SIA, LLC is here to help you find ideal coverage at an optimal rate.

Who’s Considered a New Driver?

Although when thinking of the term “new driver” you may imagine a teenager who’s just passed their road test, there are several other types of people to whom insurance carriers may apply this classification. That’s because even if you’re an immigrant or foreign national with an extensive driving record in your previous country, U.S. insurers will likely not consider such experience to be relevant. Additionally, if you’re an adult who previously drove but has had a gap in your driving records or insurance coverage, you may be considered new for insurance purposes.

How to Find the Best Rates

As a new driver, you’re likely to be quoted higher rates for auto insurance, but you can still potentially limit your costs by taking the following steps:

• Shop around. Compare policies from multiple insurance carriers to find the best available rates.
• Maintain a clean record. Avoid traffic violations and accidents to appear as low risk as possible.
• Improve your credit score. Insurers often consider your credit score when quoting rates, making good debt management and on-time payments helpful.
• Bundle coverage. If you have other forms of insurance, such as homeowners or renters, consider purchasing your auto coverage from the same carrier, as this can lead to discounts.

We’re Here to Help

At SIA, LLC in Kendallville, IN, we’re standing by to help new drivers understand their options and secure ideal coverage. Contact us today to learn more or to get a free auto insurance quote.

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.