Auto Insurance Myths Persist

A study by found that drivers have startling misconceptions about auto insurance. Forty-four percent of those surveyed believed that drivers with red cars pay more in auto insurance. More than one third (34%) of participants held the mistaken belief that personal items taken during burglaries of their cars are covered by auto insurance. Additionally, 17% of those surveyed did not know that their residence plays a major factor in their premiums.

To view the full article, visit CNBC.

Back to top