Debunking 4 Common Misconceptions About Car Insurance
Learn the truth behind common car insurance myths. Discover why vehicle theft is more common among older models, how wildlife collisions are covered, and why car color does not impact insurance rates. This guide clears up misconceptions regarding coverage for personal belongings and vehicle risk factors, helping you make informed decisions about your auto insurance policy.
Car insurance can often seem confusing due to numerous myths circulating. These misconceptions can lead to misunderstandings about coverage and risks. It's important to clarify some of the most prevalent false beliefs to better understand your policy.
Here are four widespread car insurance myths:
1. Stolen Vehicles Are Usually New Models
Many assume that thieves target brand-new, flashy cars, but in reality, older vehicles are stolen more frequently due to valuable parts. So, owning a new car doesn’t necessarily make it a target for theft.
2. Damage from Animals Is Not Covered
If your car hits a deer, moose, or other wildlife, most comprehensive insurance policies will cover repairs. Branch impacts or bird collisions are also generally included under comprehensive coverage.
3. Car Color Influences Insurance Premiums
Color has no effect on your insurance rates. Despite myths, whether your car is red or any other color, it does not influence the cost of your insurance.
4. Personal Items Are Protected by Car Insurance
Car insurance primarily covers the vehicle, driver, and passengers. Personal belongings stolen from your car are typically covered under homeowners or renters insurance, not auto policy.
