Common Misconceptions About Auto Insurance And How To Avoid Them

30 January 2023

Auto insurance is a crucial investment that offers financial protection in the event of an accident. However, there are many misconceptions about auto insurance that can lead to confusion and mistakes. Here are a few common misconceptions about auto insurance and how to avoid them. A Car's Value Determines Your Premium  One common misconception is that the value of your car directly determines your auto insurance premium. However, the value of your car is just one of many factors that insurers consider when determining your premium.