More Car Insurance Myths Answered

Filed in archive Information About on May 31, 2010

© Michelle Brea

Here are a few more commonly believed auto insurance myths.

My Collision Coverage Will Pay for Damage If I Hit A Deer

This may surprise a lot of people, but your collision coverage on your car insurance only covers you in the event of an accident with another vehicle, and some other type of driving accidents. Coverage for your vehicle that is not caused by an accident needs to be covered under a comprehensive coverage option on your policy. This type of coverage will also cover you if a tree falls on your car, if it is stolen, vandalized, in a flood, and more.

I Am Covered for the Business Use of My Car

This may entirely depend on the circumstances. Do not assume that you are, however. Instead, check with your car insurance agent to see if it changes your status and if you need to increase your coverage to cover while you are using your car for business. It is far better to be safe financially, than to assume and find out that you are not covered.