As with most things in life, there is a lot of false information that tends to get tossed around in insurance conversations. This includes Philadelphia auto insurance. It’s important to be able to separate the facts from the falsehoods when purchasing Philadelphia auto insurance so that you fully understand what actually affects the cost of your auto policy and the coverage.
The Most Common Myths of Philadelphia Auto Insurance
Don’t be fooled any longer! Read the below common myths that many Philadelphia auto insurance shoppers believe.
- Color. One of the most popular misconceptions is that the color of your car could affect the cost of your Philadelphia auto insurance. Luckily, you can buy a car without worrying about the color impacting your insurance costs! The real factors that are considered in the cost of Philadelphia auto insurance include make, model, age of the vehicle, engine size, overall safety record, age of the driver, and driving record.
- Age. Ever hear that the older you get, the more expensive auto insurance is? Not true! In fact, there are many special discounts available for older drivers. Drivers over the age of 55 can get a discount on their auto insurance premium if they take and complete an accident prevention course.
- Coverage. Many people believe that their standard Philadelphia auto insurance covers them if their vehicle is stolen or vandalized, or damaged by fire, trees, floods, etc. Unfortunately, this is not true, unless you purchase comprehensive and collision coverage, as well. Make sure you talk to your insurance agent about these coverages!
- Credit. You may commonly hear that your credit has no bearing on your auto insurance, but it actually may. Good credit plays into having a good insurance score. Those with good insurance scores may end up paying less in auto insurance.
Philadelphia Insurance Shops to Help You Purchase Philadelphia Auto Insurance
You may be surprised that some of these are myths. To get the best value for your auto insurance payments, you need to know the truth about insurance! That’s why we here at Insurance Shops want to answer all your questions. We are experienced and are well versed in insurance lingo. We also provide services for any type of insurance needs you may have, including health insurance, homeowners insurance, umbrella coverage, business and commercial insurance, pet insurance, and much more.
Get a free auto insurance quote and contact us with any questions or concerns! We are here to help.
