Are you a first-time driver? Did you recently passed the road and paper exams? Then congratulations to you! But hey, do not celebrate yet as you still have to get auto insurance before the officers can consider you a legal driver.
To help you in choosing the right policy, here we’ll discuss the three basic types of cover drivers can acquire for their protection. Make sure you read it thoroughly before you consider purchasing it.
Third Party – this type of policy provides the minimum level of coverage required by most States. It is considered as the cheapest auto insurance as it only covers the damages done to other vehicles by your automobile.
Third Party, Fire and Theft – with this type of insurance, you will not only receive the standard third party cover but will also get compensation for any damages caused to your car by fire or if your vehicle is stolen.
Fully Comprehensive – last but definitely not the least, this policy will protect you and your car from an accident, fire, robbery, and it will cover the damages done to other vehicle as well.
To know which policy will suit you best, consider the rate and the coverage of each policy. Pick the one that you think will provide enough benefits but will not cost you a lot of money.
