The Car Insurance Blog

FALSE! You have the responsibility for your car and even though you were not present during the accident, you will still receive a mark on your insurance record.

6. No-fault insurance means, it’s not my fault!
No. No-fault insurance means that your insurance company will pay for the damages regardless of who’s fault it was.

7. Even without comprehensive coverage, I’m still covered for theft, windstorms, hail and deer accidents.
This is not true.. Car owners only purchase collision insurance believing that they will also be covered for incidents like vandalism, hail, animal accidents and fire accidents. This is certainly not true.

(to be continued)

False. Your credit score will be a basis for the insurance company to decide whether to increase or renew your auto insurance coverage.

4. Males under the age of 25 pay more for auto insurance
This can be both true and false. Male under the age of 25 could pay more than female drivers of this age. But sometimes, teenagers and people who are older tend to pay more because this is the age group who are more involved in accidents.

5. I lent my car to a friend and he met and accident. His or her car insurance company will pay for the damages right?

(to be continued)