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  • Woman behind the wheel in car

Top 7 Common Auto Insurance Myths

Auto insurance is a necessity for every car owner. It provides a sense of security and peace of mind while on the road. However, there are several car insurance myths that people believe to be true. Don’t get caught up in these myths because they can lead to misunderstandings and confusion, resulting in costly mistakes. We are going to debunk the top 7 most common auto insurance myths right here in this article. Myth 1: Red Cars are More Expensive to Insure Have you ever heard of this silly car insurance fact? The color of your car has absolutely no impact on your insurance premium. Insurance companies base their rates on several factors, such as the make and model of the car, the age and driving record of the driver, and the location of the vehicle. The color of the car has nothing to do with the insurance cost. Myth 2: Insurance Prices Go Up When You Get Older This is a common misconception. It often gets confused because premiums are based on a factor of age and driving record. Insurance premiums rarely increase as you age, in fact sometimes, insurance companies offer discounts to older drivers with a clean... Read more