Car insurance is a complicated beast, there’s no doubt about that. We do our best to explain everything in a clear and understandable manner to all of our clients, but there’s still a lot of misinformation floating around out there. To set the record straight, here are the top three car insurance myths and why they’re wrong.
- Red Cars are More Expensive to Insure– This has been an urban legend for quite some time now. Plenty people will tell you that because red cars get pulled over more they cost more to insure. However, neither one of these myths are true. There’s no data to suggest that red cars are more likely to get pulled over, and the color of the car is not a determining factor in your rate. However, the make, model, mileage, age, and body style will determine the price your car’s policy.
- Going Direct is Cheaper– Some people believe that if you buy directly from a big insurer, it allows the company to save money by not paying a local agent to do the work. These savings are then somehow passed on to you. This does not happen. Yes the company saves money, but this doesn’t necessarily save you money. Since you’re not saving money, you might as well use a local Tulsa car insurance agent to get a better level of customer care.
You Can’t Shop Until Your Policy Expires– This is our least favorite myth out there. There’s no rules that prevent you from shopping around, or even leave, if the policy hasn’t expired yet. If you do leave with a few months left on the contract the insurer might charge you a service fee to leave, but if your new policy will save you enough money the fee might eventually be offset. We love shopping. In fact we love it so much, we do it for our clients. If you need a car insurance quote we can check a network of over 30 insurers for you to find the best policy just for you.