|}We’ve thought of top ten list of the majority of misunderstood things about auto insurance after spending many years in the insurance industry. These car insurance myths are some of the most frequent questions that most people have about direct car insurance either reviewing or purchasing their automobile insurance coverage. Before there is a claim its better to find out now and it’s not too early.
Reality: If this is your first ticket your rates probably will not even transform. Most direct auto insurance providers will give you a pass in case you don’t have any other citations or claims in the past 3 to 5 years depending on the firm.In san antonio they are the best – car insurance san antonio
That new Plasma TV last year, I purchased will not affect my Car Insurance
Reality: In case you did not pay the credit card you charged it on then it just might. Just about all insurance companies use some form of credit grading when determining not only if you are going to be eligible for insurance, but also that which you are going to pay. There can easily be 50% difference in rates for an individual who has excellent credit to somebody with bad credit.
I just slammed my car door into my lawnmower my homeowners policy will insure it
Reality: Your homeowner’s coverage really has nothing related to insuring your automobile. The sole way your car will likely be insured is when you have Comprehensive (Comp) coverage for your own vehicle. And then only when you pay you deductible.
I simply cracked up my buddies car and that I tell him do not stress my insurance will cover it
Reality: It will but only after your pals policy pays first. As his insurance company is not Secondary, you’ll have to give your pal the $500 for his deductible. After his coverage limits are exhausted, meaning your insurance will only pay. So only remember in this scenario your deductible does not matter its going to be based in your friends.
In case you are riding your bicycle and get hit by a car your car insurance won’t get involved
Reality: Your Uninsured or Underinsured coverage would pay for your claim if the person driving the automobile didn’t have any insurance or not enough insurance to cover your injuries.
Someone just broke into my car and stole all of my personal property outside of it i.e. Cd’s, Cell phone, Christmas Presents, my car insurance will pay for it.
Reality: Your car insurance will not insure your personal belongings left within the vehicle. You’re likely to have to file a claim with your Homeowners or Renters insurance policy to be compensated for these items. The typical rule of thumb is the car insurance is only going to pay for things which can be connected to the vehicle
I’m really going to be billed more for my Car Insurance because my car is red, blue, black, pink…
Reality: The colour of your car has certainly nothing regarding your rates. In the event that you like black purchase a black car, should you want red purchase a red car. Don’t ever let you prevent from buying an auto.
Reality: Not having car insurance that is constant is frowned upon by direct auto insurance businesses now a day’s. You won’t be penalized by some businesses for not having past insurance. Oh and by the way I couldn’t manage my insurance isn’t on that list
Telling only a little white lie on my insurance application will not affect my coverage if I ever have a claim
Reality: That is among the worst things a person can do. There’s a good chance you will not have any coverage when you need it the most, should you lie on your own insurance application. You presume they won’t find out? #1 They are going to begin asking questions and the very first thing they look at is the application. Wouldn’t you if you were them? And reason #2, the insurance companies have significantly more money than god and they have people working full time to locate out this stuff.
Buying a car that is more decent that is more economical is going to not be more to insure the a more expensive automobile.
Reality: There are lots of different factors insurance companies utilize to determine rates, nevertheless there are lots of times were the rate for the more expensive auto is less than the car that is cheaper. One of the largest factors for the Collision & Comp coverage’s are much do replacement parts price. Occasionally on those cheaper cars or the more exotic autos the replacement parts can cost a great deal to replace.
So just remember the following time your online looking for a more affordable insurance policy, to consider a number of your choices. There are hundred’s of direct auto insurance firms out there looking to get in your pocket, only make sure when the time comes you’re able to get into theirs.
Ed Cuellar Insurance Agency
6812 Bandera Street, Suite 203
San Antonio, Texas 78238