Short-term car insurance is probably the first insurance product that anyone ever buys. When you get your first car, you probably don not have any other assets that require insuring, so your car is the only item on your policy. Due to the fact that you are a young driver with little driving experience, your premium is bound to be high. For this reason, most people will put their first car on their parents' insurance policy. This is due to the fact that most insurers have a "young driver" facility so that parents can insure their children's vehicles without sinking their budget. For some first time insurance buyers, insurance companies will only offer liability and fire and theft cover. Accidents and other claims are not covered. This is likely to remain the case until the insured reaches the age of twenty one or, with some companies, twenty five.