There is a lot of great information about car insurance available today. However, there are a lot of things being said about car insurance that is not true. Car insurance myths may end up costing you a lot of money. Below is a list of some of the biggest myths about car insurance.
Myth: Any Type of Damage Is Covered By Car Insurance
Fact: There are different forms of car insurance coverage. Liability insurance covers damage that you do someone else’s car. It can also cover the other person’s medical expenses that occurred as the result of the accident.
Collision insurance pays for damage that is done to your own car. Regardless of whether you crash into another car or an object, collision insurance will cover the damage. Comprehensive insurance covers vehicle damage that occurs as the result of theft, fire, flooding and severe weather.
It is best to speak with insurance provider about the types of coverage that you need. This will ensure tha