Auto Insurance Myths: Debunked

Auto Insurance Myths: Debunked

Getting your car insured is a crucial part of car ownership. However, there are several misconceptions about auto insurance that often confuse people.

In this article, we will debunk some of the most common auto insurance myths so that you can make informed decisions when you are shopping for car insurance quotes in Springfield.

Myth #1: Red Cars Are More Expensive to Insure

It is a common belief that red cars are more expensive to insure than cars of other colors. This is not true. The color of your car has no impact on your car insurance rates. Your car insurance service provider will base your insurance rates on several factors such as your driving record, the make and model of your car, and the area you live in.

Myth #2: Comprehensive Auto Insurance Covers Everything

Comprehensive auto insurance is a type of coverage that protects your car from non-collision incidents such as theft, fire, and natural disasters. However, it does not cover everything.

For example, if you get into an accident, comprehensive insurance will not cover the damages. You will need collision coverage for that.

Myth #3: Auto Insurance Service Providers Will Always Provide A Rental Car

If your car is damaged in an accident, you may need a rental car while your car is being repaired. However, auto insurance providers do not always provide rental cars.

A female car driver

Some providers include rental car coverage in their policies, while others offer it as an add-on option. Make sure you check your policy before assuming that your provider will provide a rental car.

Myth #4: Personal Auto Insurance Covers Business Use

If you use your car for business purposes, your personal auto insurance policy may not cover you. If you get into an accident while using your car for business, your provider may not pay for the damages. You will need commercial auto insurance to protect yourself in such situations.

Myth #5: Your Credit Score Does Not Affect Your Car Insurance Rates

Your credit score can have a significant impact on your car insurance rates. In fact, according to a study by the Consumer Reports, drivers with poor credit pay additional $1,300 per year for auto insurance than drivers with stellar credit. This is because auto insurance service providers use credit scores to predict the likelihood of filing a claim.

Myth #6: Your Car Insurance Rates Will Automatically Go Down When You Turn 25

It is a common belief that car insurance rates automatically go down when you turn 25. While it is true that car insurance rates tend to decrease as you get older, there is no magic age when rates drop. Your car insurance rates depend on several factors such as your driving record, the make and model of your car, and the area where you live.

Get the best auto insurance coverage in Western Mass Auto Insurance! Contact us today to get a free quote and protect your vehicle on the road. Don’t wait until it’s too late, let us help you find the perfect auto coverage for your needs.