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Popular Car Insurance Myths & Misconceptions


As auto accident insurance attorneys, we have come across a number of car insurance myths and misconceptions. These misconceptions have been circulating for years. Car insurances can be complicated enough. Adding false information to the pile only complicates matters further. Below are some of the more common myths and misconceptions.

A speeding ticket will increase mby insurance rates.

In reality, one speeding ticket will probably have no effect on your insurance rates. This could vary based upon which insurance company you have.

Multiple speeding tickets or receiving a speed ticket 50 MPH above the speed limit will increase your insurance rates.

The color of a car could increase your insurance rates.

A number of people have bought into the misconception that the color of your car will affect your insurance rate. This could not be further from the truth. Factors used to calculate auto insurance rates include the vehicle’s year, make, model, body type, and engine size among others. None of these factors includes color.

If an accident was not my fault, I will not be charged.

No matter what happens and who says what, your insurance company has the last word. Keep that in mind after an accident.

My insurance rates will be about the same from company to company.

Rates from one insurance company to the next can vary dramatically. Searching for the best insurance rates can save you hundreds of dollars in some cases.

Trusting your car insurance adjuster of a car collision.

After a car accident, an insurance adjuster will probably contact you. Keep in mind, an insurance company is a for- profit business and an insurance adjuster has been well trained to work for the insurance company to withhold as much money as possible. Every dollar an adjuster withholds from your claim is another dollar that goes to profit for the company.

If Ia loan my car to a friend and they are involved in a collision, his insurance will pay for it.

Be careful what you assume. If you loand out your car and your friend gets into an accident, your rate will increase. The claim will appear on your record as if you had caused collision.

Contacting An Experienced Personal Injury Lawyer

If you or a loved one has been involved in a car accident, it is in your best interest to contact an experienced personal injury lawyer. A skilled car accident lawyer will ensure your receive just compensation for your injuries.

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