When figuring out what kind of auto insurance you should purchase, you'll probably want to do a little research in order to determine what you actually need. Unfortunately, there are a lot of auto insurance myths out there that could end up falling for. The following are some of the more common auto insurance myths to avoid falling for:
- The older you are, the more expensive your insurance is - The opposite is actually true. The older you are, the more experience an insurance company assumes you have behind the wheel and on the road, which means your premiums could be lower.
- Your credit doesn't affect your insurance rate - Insurance companies will take a look at your credit score and history in order to determine how responsible you are financially. If you have good credit scores, you may end up paying less for insurance.
- Car insurance covers theft, vandalism and all kinds of damage - If you want to protect your car against theft and vandalism as well as damage resulting from hail, fire, flooding or falling tree limbs, you'll need to purchase optional coverages, such as comprehensive coverage and collision coverage. These things are not covered by standard auto insurance policies.
- If someone else gets into an accident driving your car, their insurance will cover it - The insurance company of the car's owner is responsible for the damages.
Make sure that you are aware of these auto insurance myths and be sure to contact us at CCW Insurance for additional advice.