My name is James Frank. I’m glad you stopped by my website. I’ve always carried automobile insurance because it’s the law. I never paid much attention to my coverage; I paid my premiums and like most folks moaned about the small annual increases. One day I was driving in a city I wasn’t familiar with and was looking for addresses on the buildings. All of a sudden I look in front of me and I’m about to hit another vehicle. I had run a red light and ended up totaling not only my car, but the other driver’s car, too. I have never been so grateful for my car insurance. Fortunately, there were no medical bills, but two cars had to be replaced. It turns out that I have excellent coverage. I’ve since learned lots about car insurance and hope to share some of it with you.
Auto insurance can be very hard to understand. This is especially true when there are so many auto insurance myths. Below, you can explore auto insurance myths; that way, you can ensure you have your facts straight about auto insurance.
The Person Driving is Responsible if There is an Accident
Your auto insurance is attached to the vehicle and not the person driving. So if your friend wrecks your car, it will affect your insurance and not his. This also means you are responsible for the accident as well as the costs involved.
Older Vehicles are Safer from Theft
The opposite is actually true. Although a thief might prefer a newer car, they are much harder to steal, meaning that older cars are more commonly stolen.
The Color of Your Vehicle Can Make Your Insurance Higher
Insurance companies don't really care about the color of your vehicle. They're more likely to be concerned about the type of the vehicle and the make and the model. They are also more concerned with the driving history of the person taking out the insurance.
Your Credit Score Doesn't Matter
A lot of factors are taken into consideration when insurance companies decide your rate. Your credit score gives your insurance company a clear picture of how well you handle your finances. So a better credit score can translate into a lower price on your insurance.
Any Items Inside a Vehicle are Covered if Damaged or Stolen
If something expensive gets ruined while inside your vehicle during a wreck, insurance does not cover it. The same principle holds true if something is stolen out of your car. However, in that type of situation, your home or renter's insurance may be able to help, but not your auto insurance.
Rental Vehicles are Automatically Covered
One common and costly myth, is that rental vehicles are automatically covered under your insurance. It is something you can get, but you have to have it added into your coverage. So make sure to check the fine print before you end up making a potentially costly mistake.
Auto insurance can be tricky, so it's best to make sure you understand it as well as you possibly can. If you have any questions, don't be afraid to ask your insurance provider. That way, you can avoid a potentially bad situation by having all the facts and not be one of the people hung up on a myth that is just not true. Contact a company like Manassero Insurance Agency Inc for more information.Share
3 November 2015