Car insurance myths you need to stop believing

Most drivers today are looking for various ways to lower their car insurance premiums. However, on their mission to do this, they can come across information that is incorrect. We are going to separate the facts from the fiction by revealing the common auto insurance myths that you need to stop believing:

You can drive any car with comprehensive car

This is a myth that could leave you in big trouble. Yes, some comprehensive car policies do give you the ability to drive any car, but this is not the case for all of them. This highlights why you need to read the terms and conditions in full before agreeing to any insurance policy.

Black box policies have a curefew

When black box insurance plans first came onto the market, they did have curfews. Those days are long gone now, though. Insurers have developed these plans so that they are based on driver behaviour, rather than what time of day or night the person is driving.

Paying monthly is a cheap way to spread your insurance cover

Monthly payments are undoubtedly the most manageable way to pay for your insurance. However, this does not mean that they are the cheapest. If you can afford to pay for your car insurance per year, it is a good idea to do so because you will be able to lock in a discount.

Adding another driver will lower your premiums

Again, this used to be the case, but insurance companies are wise to it now. Known as fronting, insurers became aware of the fact that young drivers were adding their parents to their policy simply to lower the cost of it. Putting your parent as the main driver may be tempting, but it’s actually illegal, so this should be avoided. The best thing to do is compare prices with just you as a driver and then compare prices with an experienced driver added to the policy, to see if it makes any difference.

Hopefully, you now have a better understanding regarding some of the most common car insurance myths. Don’t fall into these traps when looking for a policy!