Leave these 5 Auto Insurance Misconceptions behind in 2016!

Like it or not, there are a lot of myths, pitfalls and half-truths regarding auto insurance that can cost you a pretty penny.  At Copper Mountain Insurance Solutions we strive to educate our clients on the importance of having quality coverage at a great price.  Here are a few misconceptions that are out there....

• “I have auto insurance so I can drive other people’s cars.”
  

This sounds good but is not true. Although there are some fully comprehensive auto policies that provide you this coverage, there are usually conditions. You should review each section in your policy to see if you have this coverage.  You could be held liable for these damages.

• “There’s no need to declare my driving conviction”

On the contrary, you have to. Just because the number of driving convictions for speeding has gone up doesn’t mean you don’t need to share this information with your insurer. You may think that you’ll save a good amount of money by not declaring the conviction. While you might save that cash, the insurer can outright refuse your claim when its discovered you sat on this important piece of information. 

• “I can use my car for work without paying more”

This will require more investigation on your part. A standard policy usually covers usage that includes traveling to and from work. However, if you use your personal car for work in a way that’s considered additional to the standard use as described in your policy, you have to notify the insurer. This is because the additional risk needs to be taken into account and your adjusted accordingly.

• “I can say my car is in a garage while it's not”

Don’t tell your insurer that your car is parked safely in a garage every night when its not. You will face a lot of problems if someone breaks into your car while it was parked on a street, and not in the safety of a garage like you mentioned to the insurer. It may keep you from getting your claim. Remember, playing down the risk of your car in front of your insurer is not a good idea. It might save you a few bucks when getting the auto policy, but can very well fire back in a big way.
 
We hope this information helps.  If you have any questions regarding your policy feel free to call us anytime.