|}We have develop 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 a few of the most typical questions that most folks have about direct car insurance reviewing or purchasing their vehicle insurance policy. Its better to find out before there is a claim and it”s too late.
Reality: Your rates likely won”t even transform if that is your first ticket. You will be given a pass if you don”t have any other citations or claims in the past 3 to 5 years depending on the company by direct car insurance suppliers.In san antonio they are the best – car insurance san antonio
That new Plasma TV I purchased last year will not change my Car Insurance
Reality: It just might if you didn”t pay the credit card you billed it on then. Nearly all insurance companies now use some kind of credit scoring when determining not only if you”ll qualify for insurance, but also that which you will pay. There may easily be 50% difference in rates for an individual with excellent credit to someone with bad credit.
I just slammed my car door into my lawnmower parked in my garage, my homeowners policy will insure it
Reality: Your homeowner”s coverage doesn”t have anything related to insuring your vehicle. The only real way your car will probably be insured is if you have Comprehensive (Comp) coverage for your car. And then just when you pay you deductible.
I simply cracked up my buddies car and I tell him do not stress my insurance will cover it
Reality: It will but only after your pals policy pays. So let us say there is a $250 deductible and your friend has a $500 collision deductible. As his insurance company is not Secondary, you”ll need to give your pal the $500 for his deductible. After his coverage limits are exhausted, meaning your insurance is only going to pay. So just recall in this scenario your deductible doesn”t matter its likely to be based in your pals.
In case you”re riding your bike and get hit with a car your car insurance won”t get involved
Reality: You perhaps surprised to learn that perhaps you are insured by your direct auto insurance plan if you get hurt or killed while riding your bike and even walking down the street.
Someone just broke into my car and stole all of my personal property out of it i.e. Cd”s, Cell phone, Christmas Presents, my car insurance will pay for it.
Reality: Your car insurance doesn”t insure your personal property left within the car. You”re likely to need to file a claim to be compensated for these things. The general rule of thumb can be your car insurance is only going to pay for things which can be connected to the vehicle
Reality: The colour of your auto has completely nothing related to your rates. Should you want red buy a red car, if you enjoy black purchase a car that is black. Don”t ever let you stop from buying an auto.
Reality: Not having continuous auto insurance is frowned upon by direct auto insurance firms now a day”s. Some businesses won”t penalize you for not having earlier insurance. If you do not have previous insurance make sure you have a great explanation like you took the bus, or you were in some other valid reason, or the military. Oh and by the way I couldn”t afford my insurance isn”t on that list
Reality: This really is among the worst things someone can do. There is a great opportunity you will not have any coverage when you need it the most if you lie in your insurance application. You think they will not find out? #1 They will begin asking questions and the first thing they look at is your program. And reason #2, the insurance companies and they do have more money and people working full time to locate this stuff out, respectively.
Purchasing a more economical more sensible auto will likely be less to insure the a more costly car.
Reality: There are plenty of different factors insurance companies use to determine rates, however there are many times were the rate for the more costly automobile is significantly less than the car that is more economical. One of the greatest factors for the Comp & Collision coverage”s are do replacement parts cost. Occasionally on those more economical autos or the more exotic autos the replacement parts can cost a lot to replace.
So just remember the next time your online looking for a cheaper insurance policy, to contemplate a number of your alternatives. There are hundred”s of direct car insurance providers out there looking to get in your pocket, just make sure when the time comes it is possible to get into theirs.
Ed Cuellar Insurance Agency
6812 Bandera Street, Suite 203
San Antonio, Texas 78238