Just got your shiny new driver’s licence? Congrats! With the open road beckoning, it’s time to talk car insurance. Don’t let the thought scare you, though. King Price is here to explain how to pick the best car insurance as a new driver.
Why car insurance matters
Firstly, you might ask why you even need car insurance. Well, the road, like life, can sometimes throw curveballs your way. Accidents, theft, hi-jacking, and fire are all realities that drivers face. Having a solid car insurance policy is like having a safety net when things go wrong.
Car insurance for newbies
Now, let’s get down to it. As a new driver, you’re likely looking for cheap cover that won’t leave you high and dry when it counts.
Here’s what’s out there:
- Third party insurance
If you’re on a tight budget, third party insurance is a must-have. It covers damage you cause to other people’s cars or property, giving you basic protection at a lower cost.
- Third party, fire, and theft insurance
Third party, fire, and theft insurance is a step-up from basic third party cover, and adds cover for theft and hi-jacking, and fire damage to your car. It’s a good middle-ground choice if comprehensive cover seems a bit too steep for your current budget.
- Theft and write-off
Also on the budget-friendly spectrum, we have theft and write-off cover. This covers you for the total loss of your car. (Like if it’s written-off, or if it’s stolen or hi-jacked and not recovered.) It even covers damage that occurs due to an attempted theft or hi-jacking!
- Comprehensive insurance
This right here is the top tier of car insurance, offering you all-round protection. As a new driver, this might seem like a big investment, but it’s 1 that pays off when life’s little surprises hit. (Psst, if your car is financed, you’ll need to take out comprehensive cover. In fact, banks and other financial institutions require it.)
While choosing your insurance, remember to consider the car you’re insuring. If it’s a second-hand, low-value car, then a lower level of insurance might be enough if you can afford to cover accidental damage out of your own pocket. But if it’s a new, high-value car, it would be wise to invest in comprehensive insurance.
The King Price way
As a new driver, choosing the best car insurance for you is an essential step in your journey. That’s why King Price not only offers the car insurance options listed above, but also another option called ‘agreed value insurance’.
Simply put, agreed value insurance covers you for accident damage, theft, hi-jacking, fire, and for damage to other people’s property (which in the insurance world is known as third party liability) as the result of an accident that you’re involved in. The only difference between our agreed value and ‘normal’ comprehensive options? With agreed value, the value your car’s insured for stays the same for 3 years. This value will be agreed upon by you and us in writing.
Ready to take the next step? Click here to get a commitment-free quote today. We’re all about providing simple cheap insurance that meets your needs and doesn’t break the bank. Happy driving!
