If you’re not too sure what’s true about car insurance and what isn’t, here are a 3 myths about car insurance debunked:
- Red cars cost more to insure: You may be more likely to get a ticket with a red car because it’s easier to spot, but insurance companies don’t actually care what color your car is. Insurers want to know your car model, make, year and engine size, but color isn’t a factor.
- Credit score and car insurance rates are unrelated: Most of the time, your credit score is one of the biggest factors in determining insurance rates. Studies have shown that people with good credit get in fewer accidents, so it makes sense that it would affect your insurance rates.
- Your new, fancy car is more likely to be stolen: We recently wrote about the Top 10 Most Stolen Sports Cars, and if you take a look at the list, you’ll notice the tops ones aren’t all fancy. Sometimes, the parts of older cars are more in demand.
Don’t let yourself get fooled by car insurance myths. Get the facts and get educated. If you’re not sure what your auto insurance covers or if you just have questions, all you have to do is ask your insurance agency. That’s what they are there for.
If you have any questions about your car insurance or if you want to receive a free quote, call us at 305-648-7070.