You just graduated high school and your parents bought you a car? Lucky you! Before you hit the road let’s make sure you’re properly insured. The ownership of the vehicle has to match the policy holder. This means that if your parents buy you your own car, you need your own policy. You are not covered under theirs.
Maybe you’re not so lucky and you still have to borrow your parent’s car. If that’s the case, don’t worry! You’ll have your own car one day! Call a broker before you hit the road to make sure you're covered.