Do you have a teenage driver in your family? Most young people get a driver’s license when they are age 16, and it is an important milestone for the young driver. However, teens are regarded as high risk drivers, so their insurance premiums are higher than average. Still, you can get low cost teen Auto Insurance Puyallup by comparing prices of 30 or more different carriers to find the greatest savings. Average insurance rates for teens depend on several things, and each provider has their own formula for calculating basic rates. Factors that can reduce the rates for teens include getting good grades, driving a vehicle with a high rating for safety (meaning no sports cars), and of course having an unblemished driving record.
The minimal amount of Auto Insurance in Puyallup required differs from one state to the next. Typically it is only liability insurance that is absolutely required. This type of insurance is designed to protect the insured driver from being sued for an accident. It protects against any damage that your vehicle may do to property or other people. This involves two kinds of coverage: property damage and bodily injury. Property damage keeps your assets safe if you are responsible for an accident. Bodily injury coverage covers the expenses if another person is harmed or killed as a result of an accident that is your fault. Sometimes it covers medical fees, income loss, and possibly legal fees if you get sued. This is the minimum amount of insurance you must have.
Other types of Auto Insurance Puyallup include collision and comprehensive. A collision policy pays for repairs to your vehicle as a result of an accident. In fact, if the vehicle is completely totaled, the collision insurance will pay the value for the car. This is typically not enough for a new vehicle since it is the approximate value of the auto before it was totaled. This type of insurance is usually required if you are making payments on your car because you do not own it outright. It protects the lender who loaned you the money to buy the car. Comprehensive insurance covers other things such as fire, theft, vandalism, hail stones, and floods. It also covers personal things left inside the car. You can usually get reduced rates on this if you install an anti-theft device and/or a tracking device
