Steer Clear of Six Common Car Insurance Falsifications. It is every insurers dream that prospective clients would
understand the true concept of insurance. Nevertheless, policies are
sometimes misunderstood. This is especially the case with car service
insurance. Some of the misinterpretations people fall victim to are:
1. My job determines the rate
Some people think the more money you earn the higher your rate will be. Rates depend on the car and your policy package. This is a popular misconception. Just because you are a racecar driver does not mean you will be charged extra when you insure your personal vehicle.
2. Bad drivers pay more
Your driving history will play a role in how many times you access your insurance fund. However, it will have little or no effect on how you will be charged. If anything, your past accidents should prompt you to want to get insured. Rates are usually determined age, car type, crash test scores and the theft rate around the area you live.
3. Insurance covers missing items in my car
Most of the time, items stolen from your car will not be covered in your policy. Make sure you have the right details as far as your insurance cover is concern. If your car is vandalized though, this would be a reason for you to contact your insurer.
4. Online insurance is fake
Insurers have moved online to make it more convenient for people to buy insurance. This does not mean that it is a fraud. Online insurers are legit. In addition, policies differ but this does not mean getting insurance online is cheaper. Try chatting with an online agent to determine the clauses involved in the policy you get through the internet.
5. New cars attract theft
The type of car you have matters to the insurance companies. However, if you have a new car, this does not mean there is a higher chance of it being stolen. Thieves actually prefer cars that are older since the draw less attention and can move faster as far as car parts are concerned. At the end of the day, your rate will be determined by your cars make and model.
6. Red cars equal high rates
The color of your car will not have a bearing on the kind of rate you will be charged. It makes no difference if you have a bright red car or a shining black one. It is only the size that may change your policy rates.
Some people think the more money you earn the higher your rate will be. Rates depend on the car and your policy package. This is a popular misconception. Just because you are a racecar driver does not mean you will be charged extra when you insure your personal vehicle.
2. Bad drivers pay more
Your driving history will play a role in how many times you access your insurance fund. However, it will have little or no effect on how you will be charged. If anything, your past accidents should prompt you to want to get insured. Rates are usually determined age, car type, crash test scores and the theft rate around the area you live.
3. Insurance covers missing items in my car
Most of the time, items stolen from your car will not be covered in your policy. Make sure you have the right details as far as your insurance cover is concern. If your car is vandalized though, this would be a reason for you to contact your insurer.
4. Online insurance is fake
Insurers have moved online to make it more convenient for people to buy insurance. This does not mean that it is a fraud. Online insurers are legit. In addition, policies differ but this does not mean getting insurance online is cheaper. Try chatting with an online agent to determine the clauses involved in the policy you get through the internet.
5. New cars attract theft
The type of car you have matters to the insurance companies. However, if you have a new car, this does not mean there is a higher chance of it being stolen. Thieves actually prefer cars that are older since the draw less attention and can move faster as far as car parts are concerned. At the end of the day, your rate will be determined by your cars make and model.
6. Red cars equal high rates
The color of your car will not have a bearing on the kind of rate you will be charged. It makes no difference if you have a bright red car or a shining black one. It is only the size that may change your policy rates.
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