Six Myths About What Affects Your Car Insurance Quotes

There are many myths out there about what may or may affect your car insurance quotes. Although each company has different criteria for determining rates, in general there are 6 myths out there that are commonly misunderstood. The article “Car Insurance Myths” in the news section of www.canada.com discusses them in further detail.

It is often thought that the color of your car will affect your car insurance quote, but most companies do not factor this in. Some think that a 2 door car will automatically cost more to insure but that is not necessarily true. If the car is more expensive to repair then your quote will be higher. Bigger cars and more expensive cars are often quoted higher, but it doesn’t have anything to do with how many doors the car has. Parking tickets do not generally count against you when getting a quote.

Speeding tickets can affect your rate, but not as much as some think. First time offenders may have no change in their rates at all, and repeat offenders may be surprised to see their rate barely increase. It’s often thought that only high risk drivers should shop around but this is not the case. Regardless of your driving record it can save you to shop around since every company has different ways of computing rates.

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