Tuesday, August 28, 2012

True or false: Freeway Insurance and car insurance myths

Anyone who drives needs car insurance from companies like Freeway Insurance. For some owners, however, getting car insurance can get complicated with all the information one needs to know and understand before purchasing one. It does not help that there are some "car insurance myths" that some owners believe to be true. Below are some of these folklores:

Freeway Insurance - Car insurance
                                     Freeway Insurance Image Credit: Freeenterprise.com

Myth: Red cars are the most expensive to insure.

Fact: A red car will not cost an owner more green, contrary to what some drivers perceive. The notion that drivers of red cars pay higher insurance premiums is a myth for companies will likely not even ask the color of the car when working on the car insurance rates. This myth probably came from the idea that people who drive red sports cars are reckless. Companies, like Freeway Insurance, will be more interested in the year, manufacturer, model, body type, engine size, and age of the vehicle, when drawing up an insurance policy.

Owners who want to get a free quote for their cars can do so through FreewayInsurance.com


Freeway Insurance - Protecting cars from thieves
                                           Freeway Insurance Image Credit: CBC.ca

Myth: Thieves prefer to steal new cars.

Fact: It is the other way around as statistics reveal thieves target older vehicles. According to the 2011 report of National Insurance Crime Bureau, the most stolen vehicles in the United States include:
  1. 1994 Honda Accord 
  2. 1998 Honda Civic
  3. 1991 Toyota Camry 
  4. 1994 Acura Integra
  5. 1999 Chevrolet Pickup

Freeway Insurance - Providing people with the insurance plans they want and need
                                  Freeway Insurance Image Credit: Finance-Weblog.com

The reason older vehicles are likely to be stolen is because they are easier targets for thieves. Older vehicles are easier to break into and have less complicated security measures.

Whether driving a red sports car or an older vehicle, it is best to get insurance for your vehicle. Freeway Insurance representatives can help you. Visit this website to know more.