Articles

5 Myths Busted Related To Car Insurance

by Network Auto Body Auto Body Shop in Los Angeles
There are a lot of misconceptions related to car insurance. Our opinions pertaining to car insurance are formed on the basis of what we get to hear about car insurance from our colleagues, friends, and family members. We also read both positive and negative stories in the news. We are led to believe through these perceptions that the insurance is supposed to cover the repair costs for the damage suffered by your car, but it may not be the case always. We must step back and assess the common misconceptions related to car insurance.

The best auto body shop in Los Angeles can also help you to clear and explain some myths associated with car insurance.

Myth#1. The color of your car can raise insurance costs

Some people who are about to buy a new car get to hear that if they buy flashy color, they will have to buy insurance cover at a higher rate as compared to cars with simple, sober colors. This is quite simply a myth that has no reasoning whatsoever. It is the make, engine size, body style and model of your car that is taken into consideration by an insurance company, not the color of your car. So, be assured and buy any color you may like. The insurance policy premium will also consider the car's sticker price, estimated repair costs, estimated repair price, etc. The age of the driver, driver record, and credit history are other factors that are used to determine the rate of insurance.

Myth#2. Car insurance rates rise after a claim

It is best to drive safely and follow traffic rules and regulates obediently. In case of an accident, you should inform your car insurer immediately as well as your preferred body shop near Los Angeles. If you've been involved in any road accident- minor or major- it will be found out by your insurance company if the case has been reported to police. You can change your insurer if you feel that the rates are a tad too high for your comfort.

Myth#3. Your car is automatically covered from damages due to vandalism, theft, or from mother nature

The details are in the writing. Be sure to write each and every point in your car insurance policy to have a better understanding of the type of damage that your insurance covers you from. Comprehensive and collision coverage should be chosen as additional options to get more comprehensive coverage.

Myth#4. Your personal credit score doesn't factor into insurance rates

The insurance company considers a variety of factors when it determines the insurance rates. Your credit score is considered as seriously as other factors, like vehicle model and make, engine size, your age, driver history, etc. The more you are likely to make insurance claims, the more insurance rate you'll have to pay.

Myth#5. You only need the minimum amount of insurance required by the law

Technically, minimum insurance makes your car road 'legal', but that doesn't mean that it is the best option for you.

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About Network Auto Body Innovator   Auto Body Shop in Los Angeles

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Created on Mar 8th 2018 12:09. Viewed 670 times.

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