THE FALSE MYTHS OF CAR INSURANCE

The choice of the insurance of our vehicle must be done in a studied way and responding to several criteria to avoid paying more of the account. However, when deciding sometimes false beliefs are imposed that can confuse us when we analyze which policy suits us. For example, you've probably heard that having a red or yellow car raises the price of your car insurance, or that women pay cheaper policies.

To get rid of these urban legends and avoid getting caught up with the lies that may appear in the world of insurers, we dismantled the most widespread myths regarding car insurance.

Insurance lasts 12 months plus one

This widespread myth is one of the most costly of us. It must be clear that when we take out car insurance we do it for a period of one year. It is true that at 12 months is added one known as the one of grace and many drivers confuse it with a gift from their insurer.

Beware, because the month of grace is only the period that the company leaves its clients to receive payment for their services. During this time you are not covered and, in case of loss, the insurer can refuse to pay the damages.

It is better to always take out all-risk insurance

An all-risk insurance may be the best option if our vehicle is less than two years old so that we will be compensated with its current price in the event of an accident.

After this period, and with the consequent depreciation of the car, there may be other options that are more convenient. To analyze the best way to insure your car, you can check the monthly ranking of Kelisto.es, where they analyze the best car insurance of the month.

The policy covers all the extras

It is important that we check that the extras of the car are covered at the time of signing the policy. Usually the extras that come standard will be covered in the car insurance, but for those we add we must contact the insurer to ask that they also be included.

Hire all insurance with the same company to save

If we need to insure several vehicles or we want to cover several things, it may seem that the simplest and most economical is that the same company carries all our insurance.

While many companies offer 2x1 promotions for hiring their services, this option does not have to be the cheapest and it is best to compare the different offers in the market before launching the fastest way to secure everything on the same site .

Beware of the color of the car

One of the most common doubts of those who want to insure their vehicle is if the color of the car affects the premium. Although one of the most widely held beliefs in society is that vehicles with flashy colors (especially reds and yellows) make the policy more expensive, by associating it with greater accident rate and aggressive driving, no company conditions the price of its insurance in function of these characteristics.

If you are a woman, you pay less

Until a few years ago, it was true that women sometimes paid less for their car insurance because of their lower accident rate. Since the Court of Justice of the European Union banned in 2012 the discriminatory measure previously exercised by insurers, this is another false belief to park.

If you have children, you pay more

While it is true that insurance companies usually ask you if you have children, the answer does not affect the price you will pay for the policy. What can increase the price of the premium is that you declare that you have young children (under 25 years) that can drive and that in a timely manner will take your car, it is not necessary to take out additional insurance, would add an occasional driver to the policy.

The parties by accident influence the price of the premium

Many drivers believe that, when an accident occurs, giving a part may lead to a premium increase. This is not necessarily true, as many insurers allow up to three annual parts without affecting the price that their customers must pay.

Also, it is not strictly true that the premium goes down if you take a long time without giving parties. If you have a clean history of accidents and it has been several years, you may have already reached the maximum bonus offered by the insurer, so it is possible that no further reduction is applied for the price.

It is almost impossible to get insurance if you are young

It is true that when the driver is between 18 and 25 years it is more difficult to find car insurance, since the supply is scarce and will always be more expensive, since the lack of experience and the highest accident rate increase the risk they assume the insurers.

However, there are companies that offer policies thinking about the young people and, although the coverages are more limited, it is advisable not to be fooled into thinking that it is too difficult to hire these types of car insurance policies.