When it comes to car insurance, we all want to get our premiums as low as possible without having a negative impact on our level of cover. Nevertheless, with so much misinformation online, it is often a lot easier said than done. While the Internet is a great source of information, there is no denying that anyone can post anything, and so you cannot often be certain regarding the truth. With that being said, continue reading to discover more about some of the most common myths about car insurance.
If the claim was not your fault, you don’t have to pay excess – This is something that depends on the type of policy you have had. If the car incident was not your fault and you make a claim, the insurer will waive your excess so long as you can prove the incident was not your fault. However, you still need to pay the excess up front, and this will then be refunded to you. This is why it is so important to make sure you choose a policy whereby the excess is affordable. A lot of people go for a high excess because it reduces the premiums they pay per month. However, if you do this, and you cannot afford the excess, you will find yourself in a sticky situation.
If you get a black box policy, you cannot drive at night – This is another myth out there about car insurance that is untrue. In the early days of black boxes, there were a few policies out there that had curfews. However, these days have long gone. Instead, black boxes are designed to monitor your driving. They aren’t as strict as a lot of people assume, and they present a good way for you to lower your insurance premiums.
If you don’t claim, your premium should stay the same or go down – Last but not least, this is another common myth that a lot of people believe. Yes, it can happen. However, it is not always the case, as there are lots of different factors that have an impact on the premiums you will pay. When your contract is up, the best thing to do is head to a website like https://cheapautoinsurance.co/ to see if you can get your car insurance cheaper somewhere else if you change provider instead.
As you can see, there are many different myths about car insurance today. Hopefully, you now feel like you have separated some of the fiction from the facts. Use the information that has been presented above to give you a good way of lowering the money you spend on insurance effectively.