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BMW 8 Series Convertible - Top 10 Car Insurance Myths Debunked

Top 10 Car Insurance Myths Debunked By Nissan Service Center

Car insurance is such a huge and sometimes intimidating topic, it inevitably develops several myths around it. These myths don’t just create a wrong impression of automobile insurance in your head, they'll also find yourself causing you to spend more. So, read on to seek out out some important myths concerning automobile insurance and therefore the truths behind them: [Note – The tips are powered by Nissan Service Dubai Center of United Arab Emirates]

Myth 1: Colours aside from white or black cost more to insure

Truth: this might are the case within the past, but during this day and age it's not true. Insurance companies don't charge you additionally for insuring a red car. The premium is suffering from tons of things and therefore the car's color isn't one among them.

Myth 2: Comprehensive insurance doesn't cover damage caused by acts of god

Truth: An act of God may be a natural calamity you've got no control upon, like an earthquake. Realizing that you simply haven't any control over nature, the insurer covers damage done by such calamities under the great policy.

Myth 3: Your car's insurance is adequate to the worth you purchased it

Truth: No. Your car's insurance value will only be adequate to the worth you purchased it if you'll pay a better premium for it. By default, your car is insured for a lesser amount than you paid to get it.

Myth 4: Insurer doesn't need to be told about vehicle modifications

Truth: If you select to switch your vehicle and need the insurer to hide the modifications under insurance, you've got to tell the corporate about an equivalent. Otherwise, your insurance will stand void and you will not be ready to make a claim just in case your car gets damaged.

Myth 5: Insurance covers the vehicle's use for business purposes

Truth: Insurance covers the utilization of a vehicle for private use unless one opts specifically for commercial vehicle insurance. within the case of a billboard user, the value is additionally expected to be above that of a private user.

Myth 6: Personal damage cover is often claimed if somebody else is driving your car

Truth: Since the policy is in your name, the private damage cover is going to be in your name too. In such a case, any injury inflicted on you in an accident is going to be covered by the private damage cover of your car's insurance but not if the damage has been inflicted on another person.

Myth 7: Insurance cost goes up if one opts for a better variant of a car

Truth: a better variant of a car brings with it additional goodies like anti-theft systems (think of central locking and engine immobilizer). These features assist you in availing discounts on insurance premiums. So, there's no impact on the car's insurance cost supported the variant one buys.

Myth 8: One has got to buy repairs from his pocket albeit the car is insured

Truth: this is often partially true. just in case you've got zero depreciation insurance, you won’t need to pay even one penny for repairs. However, just in case of normal comprehensive insurance, you'll need to pay the whole cost of repairs and therefore the insurer will reimburse its a part of the entire cost to you.

Myth 9: Only an insured car are often driven on public roads

Truth: This one is partially true, too. As per the law, you would like to possess third-party insurance if you would like to drive your car on public roads. However, we advise you to ensure your car also so that if it gets damaged, they are often repaired without you having to distribute a bomb.

Myth 10: Old automobile insurance are often transferred to a replacement car

Truth: If you're buying a replacement car, you'll get the no claim bonus transferred from the old car to the new one. In essence, if you've got not claimed insurance within the previous year in your old car, you'll avail of a reduction on the insurance you purchase for your new car. However, the insurance of the old car is going to be transferred to its new owner and to not you.

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