Purchasing Your First Car Insurance Policy? Here’s What You Need to Know

If you’re just heading off to college this fall, you may be in the market for your own car insurance policy. Choosing the right coverage for your needs isn’t exactly rocket science, but there are some things you should know before you buy.

The type of coverage you choose and how you choose to purchase it will affect both the price and quality of your insurance policy. If you want the best car insurance, you need to shop around and find an insurance provider that works for you.

Independent vs. Direct

The most common way to purchase auto insurance is directly from the insurance provider. This is where you simply call up an insurance company and purchase a policy from them. It’s generally the easiest way to purchase a policy, but it isn’t necessarily the best.

Purchasing an insurance policy from an independent insurance agency can get you better coverage at competitive costs. These companies don’t have any ties to the insurance companies they connect you with so you don’t have to worry about getting ripped off. Independent insurance agents can advocate for you to make sure you’re getting a good deal without purchasing coverage you don’t need.

Full Coverage vs. Liability

When it comes to car insurance, there are two main policy types: full coverage and liability coverage. Liability coverage will only cover damages to the other party’s vehicle in the event of an accident while full coverage will cover damage to your vehicle as well.

The type of coverage you need depends on your situation. If you purchased a newer car and took out a loan on it, you will need to carry full coverage until you’ve paid your loan off just in case anything happens to the car. You may also want to purchase full coverage if you have a more expensive vehicle that you can’t afford to replace. However, many people opt for liability coverage because it’s cheaper and it still satisfies the legal insurance requirements throughout the United States.


When you purchase an insurance policy, you also have to decide how much you want your deductible to be. A deductible is the amount you have to pay if you file a claim with your auto insurance company. Your deductible is also the point at which your coverage will kick in to pay for repairs. If you have a deductible of $500 and the repair you need only costs $200, you will have to pay for the repair out of pocket. The lower your deductible is, the less you will have to pay when you file a claim and the less likely you will have to pay for a repair out of pocket. Click Here

However, a higher deductible means a lower monthly premium. It’s important to decide how much you need your deductible to be to cover repairs while not paying too much for an insurance policy. Talking to an independent agent can help you get a better understanding of what your deductible should be.

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