The Truth About Auto Insurance

Auto insurance is something that many people think they know all about when in reality, many of the truths they think they believe  are actually myths. Instead of continuing to believe these auto insurance myths in Plano, TX, it is time to learn about the truth associated with auto insurance. To help you distinguish between fact and fiction, Paragon Independent Insurance Agency has compiled this lists of myths and the truths behind them. 

  • Red cars cost more to insure. This is a myth that has stopped people from purchasing red cars in the past. However, the color of the car has nothing to do with the cost of auto insurance. Insurance companies take a look at the vehicle make, model, body style, and age as well as the age, driving history, and credit history of the driver. The car color is not take into account. 
  • Older people pay more for insurance. The opposite is actually true. Older drivers tend be seen as drivers with more maturity and younger drivers end up paying more for insurance. In fact, many companies offer discounts for drivers over the age of 55. 
  • You don’t necessarily need auto insurance. Some people think they can get away from purchasing it if they stay out of accidents and avoid police. However, there is no way to really prevent these things from happening and it is always best to have a good auto insurance policy to protect you. 

Whether or not you currently have an auto insurance policy, you should reach out to Paragon Independent Insurance Agency, serving Plano, TX. They can take a look at your current policy to make sure there are no gaps in coverage. They can also get you a free quote to find the perfect auto insurance policy to meet your needs as well as fit into your budget.