To drive legally in Ohio, like in any other states, new drivers need to shop for car insurance and comply with the state’s minimum car insurance requirements. The state of Ohio requires new drivers to comply with its Financial Responsibility Law and by buying car insurance an individual is showing his financial responsibility. The law requires that drivers must have the capacity to pay for injuries and damages to other people and properties in the event of an accident where the said driver is found to be at fault.
Car insurance for new drivers in Ohio must have the liability and property damage coverage. Liability will provide protection to liabilities in property damage and bodily injury. When other people are injured in an accident in which you are held liable, bodily injury coverage will pay for the claims of those people for their medical expenses, lost wages, and other related expenditures. On the other hand, liability coverage will also pay for the damages you have caused to the properties of other people. This does not only cover the damages on a vehicle but as well other properties such as infrastructures like buildings, fences, walls and among others.
As for the property damage coverage, this may be composed of both comprehensive and collision coverage. The former will pay for the damages incurred by your vehicle when it will be impaired by fire, bad weather, vandalism and even theft. Collision coverage will pay for the physical damages your vehicle will have in the event of a collision with another vehicle or with any other objects. Sometimes, the cost of having a vehicle repair will exceed that vehicle’s worth. With that situation, insurance companies will just pay for your car’s worth and have it totaled instead of having it repaired.
As good news for Ohio new drivers, average car insurance for this state does not require them to have the collision and the comprehensive coverage. However, if that driver’s vehicle is being financed by a bank or a lessor, he will be obliged to have collision coverage.
Car insurance for new drivers in Ohio may come in cheap if some mitigation measures are being undertaken. For one, installing safety and anti-theft devices to one’s vehicle will result to a much lower insurance premium. To know how much it will cost you to insure your vehicles, get an insurance quote now.
Some Helpful Related Articles:
The Basics of Property and Casualty Insurance – Understanding property and casualty insurance and how will it help you.
Car Insurance for Teenagers – facts about teenage car insurance and how to spend less for it.