Bladdaow!

There are certain beliefs regarding auto insurance that have been floating around for years and years that don’t have an ounce of truth to them. People hold on to these old myths simply because they don’t want to face the truth. It is very important to know how important seminole auto insurance is if you own a vehicle and to know exactly how the insurance works for you to protect you against unexpected situations. Following are some of these car insurance myths:

• I’m too lucky to have an accident – There are drivers that believe they’re too lucky to get into an accident in their vehicle. Luck has nothing to do with driving and neither does skill because you never known what another driver might do on the road. An accident doesn’t have to be your fault to total-out your vehicle and injure you and your passengers. It is also against the law not to have the state mandated insurance coverage.
• My personal auto insurance covers me when I use it for business purposes – Your personal auto insurance does not cover any accidents that happen while you’re in the course of performing your job duties. This also applies for a business owner that sends his employees on errands with his personal auto.
• Collision covers me for theft, and acts of nature – This is not true, collision only covers damage to your auto caused by a driving accident. Comprehensive is the coverage you need for theft, fire, hail, and other damages not caused by an accident.
• My credit history has no bearing on my automobile insurance -This is absolutely untrue. A bad credit rating can keep you from getting insurance because auto insurance companies see this as a sign of irresponsibility in someone applying for auto insurance. They assume if you don’t pay your bills you might not pay your insurance premiums.
• Males under 25 always pay more for their auto insurance simply because of their age -This answer to this one is on the borderline in that they do usually pay more than female drivers in the same age group. But, seniors fall into the same category as males under 25 because of the fact that they get into more auto accidents.
• The new car I just purchased is covered on my auto insurance policy because I just made a premium payment – This is true only to the point that you have to notify your insurance company within a specific time period when you change the vehicle that is being insured.
• The government sets my insurance rate – This is not true. The state you live in regulates the rates your auto insurance company can charge. Your actual premium is calculated by your insurance company using such factors as your credit score, your marital status, your driving record, and where you live.
• If my friend or relative is driving my car and has an accident, their insurance is responsible for damages, injuries – Not true. If your car is in an accident, no matter who is driving, it’s your responsibility. This type of thing could also increase your auto insurance premium.
• If I drive a red car it will affect my insurance rate – Your car color has no affect on your auto insurance. However, the type of car you drive and the make, engine size, body could.
• No-fault insurance means that the accident is not my fault – This one is really false and it’s hard to believe anyone could think that it might be true. No-fault means that your insurance company will cover your costs for injuries from an accident no matter which driver was at fault.

The above are just some of the untrue beliefs about automobile insurance that many automobile owners have because they are uneducated in the real facts.