There are many misconceptions out there about insurance coverage.  Many automobile owners think that the insurance coverage premium protection for their new covers everything.  This is not always the case.

Here are some general questions that many drivers have:
“No-fault insurance means, is it not my fault?”

Insurance Coverage Q&AThat suggests that your insurance provider shells out money for your damages despite who’s at fault. This is actually not the case!

“Can the color of my automobile affect my insurance coverage premium?”

No!  The factors that affect your cost include your car’s year, make, model, body type, engine measurement, credit rating and driving record.

“Let’s say that I lend my vehicle to a pal.  He ends up in an accident.  Their insurance provider will pay for the damages … right?”

Incorrect! Your automobile is your responsibility!  Even with the fact that you weren’t there at the time of the incident, you still will get a blemish on your insurance record, and your insurance premium might perhaps go up.

“Is my insurance cost is set by the government?”

No!  The federal government has nothing to do with your vehicle insurance coverage premium. Where you live, your credit report, marital status and your driving record is exactly what actually impacts your costs.

“I just recently paid my insurance coverage premium. Is the new vehicle that I just acquired is covered?”

Not necessarily. A lot of car policies mandate that the policyholder notify the insurance company or agent within a defined number of days.  This will insure that you have coverage for the brand new vehicle.

Male drivers under 25 years old can possibly pay more for car insurance coverage than female motorists. Across the board, teens and older adults pay more for car insurance.  This is because these age groups are usually involved in more vehicle accidents.

“Can my credit score have any effect on my insurance rate?”

Your credit rating really does matter! Many Insurance companies take your credit rating into consideration when choosing to increase or restore your vehicle insurance protection.

Numerous drivers think that if they only purchase accident insurance coverage, which covers accidents involving objects, that they will also be covered for cases.  They think they will be covered for vandalism, hail, animal accidents and fires. You need to buy both accident and detailed protection in order to totally safeguard your automobile from all of these circumstances.

“Can my personal car insurance cover both my individual and company use of my automobile?”

If you sometimes make use of your individual automobile for service purposes such as transporting clients, going to and from conferences or delivering service equipment, then you will more than most likely have to increase your personal vehicle insurance to cover your business use too. Plus, if your employees employ their automobile while working for you, you will wish to likewise obtain a separate non-owned car insurance policy.

“I’ve never had nor been associated with an automobile accident.  Do I still need auto insurance coverage?”

Yes!  Some motorists are lucky enough never ever to have actually been or to be involved in an accident. If by chance you do have an accident, you can lose a great deal. Automobile insurance is the very best defense you can have in the event an automobile accident occurs. It’s also a legal issue – you are expected, by law, to have some standard form of vehicle insurance coverage.  Failing to do so brings some fairly rigorous penalties.


Male motorists under 25 years old can possibly pay more for vehicle insurance coverage than female drivers. Across the board, teenagers and mature adults pay more for vehicle insurance.  This is because usually these age groups are normally involved in more car accidents.

Many Insurance companies take your credit record into factor to consider when determining to increase or restore your automobile insurance protection.

Many drivers think that if they just purchase accident insurance, which covers accidents and other things, that they will also be covered for events that involve vandalism, hail, animal mishaps and fires. Car insurance protection is the best protection you can have in the event a vehicle accident happens.