Car Insurance Myths

So that you can obtain the most from your auto insurance policy, we will be splitting apart the facts from fiction in everything related to the most common car insurance myths.

Myths about rates

Sometimes your friends and family tell you weird things about the ways car insurance companies use to determine insurance rates. It’s hard to know whether they’re right. We will do our best to explain some existing misconceptions about factors that could end up affecting your rates.

  • If you buy a new car, it will always cost more to insure it adequately.
  • Your car insurance rates are not affected by your credit score
  • If you start a claim, car insurance rates will automatically rise
  • If you stay some time without car insurance coverage after it expires, your price won’t be affected

Myths about cars

There is a high chance you don’t have a way to know a lot about cars or whether red cars costs or not more to insure. We try and break down the most common related myths about cars here.

Myths about coverages

We have to admit it’s difficult to understand the points of car insurance coverage. It’s not a piece of cake to be able to tell the truth from what you have been hearing, but we are here to help.

  • If you want to be wholly covered, get full coverage insurance or comprehensive insurance
  • It’s ok to save on insurance by just getting uninsured/underinsured coverages
  • If your friend crashes your car, your car insurance policy will not have to pay
  • Comprehensive insurance covers everything
  • Your car insurance doesn’t cover your rental car
  • If your car is totaled and you have gap coverage, you’re safe
  • You shouldn’t worry about commercial car insurance; it’s for big companies

Myths about drivers

Throughout the stages of your life, significant milestones might impact your car insurance needs. Find out here why.

  • Even if your family grows with new kids, your car insurance needs to stay the same
  • If you get older, your car insurance rates will rise.
  • Your car insurance can’t really benefit from homeownership