Buying the right auto insurance is an important step because it helps to protect your vehicle, you as a driver, your passengers, and other drivers on the road. Unfortunately, there is a lot of wrong information about car insurance that does not allow you to make the right decision and pick the policy you really need. Therefore, Heydari Financial Group serving clients from Houston, TX and other surrounding areas has prepared the list of few myths about auto insurance that need to be debunked:
Color of Your Car Determine the Cost of Insurance
No, the color of your car does not have an impact on your insurance costs. The price of car insurance depends on many other factors, including the model, engine size, the cost to repair the vehicle, the age, and some others.
Car Insurance is More Expensive for Older People
It is actually the opposite. In most cases, older drivers may be qualified for special discounts. For example, if you are 55 and you have successfully completed an accident prevention course, you can get a reduction in your car insurance premium.
You Credit Score Does Not Have an Impact on Your Insurance Rate
Unfortunately, your credit may matter. Insurance companies use a credit-based insurance score to understand how likely a driver to file a claim or have an insurance loss. For this reason, a low credit score can raise your auto insurance premiums anywhere from 0% to 200%.
If you are a car owner Houston, TX and you are looking for a trustworthy insurance agency to purchase a new car insurance policy or update the existing one, Heydari Financial Group will be glad to assist you. All you need to do is to visit our website or give us a call to talk to one of our experienced insurance agents.