The color of your car, including red, does not impact your insurance rate. Rates are based on the car's make, model, age, and safety features
Car insurance actually follows the car, not the driver. If you lend your car to someone and they have an accident, your policy covers the damages
Thieves often target older, popular models like Honda Accord or Toyota Camry for their parts, making comprehensive insurance important regardless of car age
Insurance costs are more influenced by a vehicle’s loss history and repair costs than its sales price. Some mid-priced cars can cost more to insure than luxury cars
Not all traffic tickets result in higher insurance rates. The impact depends on the severity of the violation and your driving history
Insurers can't cancel your policy mid-term without valid reasons like non-payment or fraud. They can choose not to renew at the end of a policy term for various reasons
Third party insurance isn’t always cheaper than comprehensive; the latter might even be less expensive due to more competition and coverage benefits
Premiums don’t always decrease with no claims. Factors like age, policy adjustments, and external economic factors can affect premiums
Personal items like laptops aren’t covered under auto insurance policies. These are typically covered by home or renters insurance
Personal auto insurance doesn’t cover business use of your car. Using your car for business without proper coverage can lead to claim denial