Comments on: Insurance Myths Debunked Part 1 – Car Insurance

By: Eliminate Tax Penalty

Eliminate Tax Penalty — Thu, 18 Nov 2010 01:25:45 +0000

Just make sure that you have enough insurance so you don’t get burned in an accident.

By: Accountant Marketing

Accountant Marketing — Fri, 17 Sep 2010 21:38:03 +0000

Take my recommendation…don’t let anybody else drive your car. There is just too much risk and liability!

By: Jack Thomas

Jack Thomas — Wed, 08 Sep 2010 10:18:04 +0000

When you allow someone else to drive one of your covered vehicles as mentioned above you become liable for their actions, this is better known as vicarious liability in the legal field. If they cause an accident above your coverage limits you could become legally responsible for paying the difference depending on the circumstances.

By: Real Estate Bird Dog

Real Estate Bird Dog — Sun, 27 Jun 2010 14:36:22 +0000

An important point made is that when you let someone else drive your car you are still on the hook for the insurance. If they get in an accident you have a problem. The insurance is with the “car” and not necessarily the person. Watch out.

By: Hartford Auto

Hartford Auto — Wed, 17 Mar 2010 07:32:12 +0000

A few more based upon my personal experience – 
1. “No-fault insurance” means it’s not my fault (it actually means that your insurer will pay for your treatment no matter who’s at fault)
2. The Government decides my insurance rates (The State Insurance department only regulates the rates your company sets. The calculation of your premium is actually based upon your age, sex, marital status, laws of the State you reside in, your credit history, driving record etc.)
3. I’m covered for hail, windstorms, deer and theft even though I do not have a comprehensive coverage! (Collision coverage only insures you against a collision. Period. To cover your car adequately you should go for at least both collision and comprehensive, but not if your care is very old!)

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[...] Insurance Myths Debunked Part 1 – Car Insurance [...]

By: Michael James

Michael James — Wed, 06 Jan 2010 12:43:07 +0000

It makes sense that insurers don’t take into account the colour of a vehicle, but I’ve heard that insurers do take into account speeding tickets and that red cars get more speeding tickets. If both of these things are true, then red cars would cost more to insure even though insurance companies ignore colour.

By: Car Insurance is essential

Car Insurance is essential — Fri, 18 Dec 2009 02:56:38 +0000

[...] Insurance Myths Debunked Part 1 – Car Insurance [...]

By: car insurance – YouTube – Auto Insurance

car insurance – YouTube – Auto Insurance — Tue, 15 Dec 2009 03:14:39 +0000

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By: Wojciech Kulicki

Wojciech Kulicki — Mon, 14 Dec 2009 21:19:02 +0000

I’m not surprised.