When it comes to car insurance, there is a lot of misinformation that people believe to be fact regarding policies, coverage and more. With confusing language and different policies for each driver, it can be tricky determining what is true and false concerning auto insurance. To help you distinguish factual information from hearsay, here are some common myths about car insurance and whether or not they are actually truthful.
Myth: Certain car colors cost more to insure
Many people believe that brightly colored cars such as red or yellow vehicles receive more tickets and get in more accidents than white or silver automobiles, causing insurance companies to penalize drivers of flashy rides. While some claim this to be true, it is simply a myth and does not increase the cost of insuring these vivid vehicles. Red cars do not statistically garner more tickets and insurance companies typically do not ask customers the color of their rides, debunking this myth once and for all.
Myth: When lending out your vehicle, their insurance will pay for damages
One of the most commonly believed myths regarding car insurance is the thought that allowing someone else to borrow your vehicle protects you from having to pay for damages caused by the borrower. Unfortunately, car insurance covers the car, not the person driving the vehicle. If the person using your car gets into an accident, there is a chance you will be left paying the bill. If someone else uses your car on a regular basis, consider adding them to your policy to protect yourself in case of a wreck.
Myth: All insurance companies will give you the same quote
Most insurance companies will look for the same risk factors, including credit and claims history, but all insurers have different factors that they rely on to provide a unique quote on coverage. Some insurers will value the model of vehicle, while others take into account how many miles have been driven. It’s important to shop around and find an insurance policy that offers all the coverage options you are looking for, at an affordable price point. Take the time to find your ideal policy to save as much as possible on car insurance.
When you are looking for the best rates on car insurance in Las Vegas, trust the experts at Accupro Insurance service help you find the perfect policy for your needs. Give us a call today at (702) 251-4949 for more information or to speak with a member of our talented and knowledgeable staff.
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