Auto Insurance Myths

The colour of your car affects your insurance rate

• True

• False

Getting a parking ticket means your insurance rate will go up

• False

• True

You can only lend your car to a driver who has their own insurance coverage

• True

• False

Everything you keep in your car is covered by your auto insurance policy

• True

• False

Getting a speeding ticket means your insurance rates will go up

• True

• False

Cheaper cars cost less to insure and luxury cars more

• True

• False

A two-door car is more expensive to insure than a four-door car

• True

• False

You will always pay the same car insurance premium if you move somewhere close

• True

• False

If your neighbour drives the same year, make, and model car as you, both of you will pay the same premium.

• True

• False

Insurance rates are higher for cars with a higher theft rate

• True

• False