You probably rarely ever think of auto insurance. Of course, that is until you see those flashing red and blue lights in your rearview mirror. Or some idiot sideswipes you on the interstate.

Suddenly, your car insurance dominates your mind. That’s when the questions start circling.

Fact is, most people don’t have a clear picture when it comes to their auto insurance. They are fuzzy about what their insurance covers. They don’t know their deductible. And they certainly have little knowledge about how they can save on their auto insurance.

That’s why we’re happy to present this blog post. In it, we will separate FACT from FICTION when it comes to your car insurance questions. Plus, you may even discover a few ways you can save when it comes to your automobile insurance premiums.

Let’s start here:

 

MYTH # 1: Men and Women Have the Same Auto Insurance Rates

In an age where men and women are considered equal, you would think our premiums should be equal as well. Well, that’s often not the case.

Now, the age old debate of “Which sex is the better driver?” has been answered by the insurance industry. And the winner is…

The Ladies!

 

 

Here’s a little behind-the-scenes glance at how insurance companies operate. They have a bunch of PhD’s that examine every possible factor that might result in paying out a claim.

One major factor is gender, especially when you’re a young driver. They examine everything top to bottom, including:

· Types of cars driven by men and women — Men tend to drive sportier and faster cars while women often drive safer vehicles.
· Statistics about risky driving behavior — That’s another ding for you men. More women drive more conservatively than men. Men are 3x more likely to get ticketed for reckless driving compared to women!
· Frequency of accidents — Men, guess what… yes, you’re simply losing this battle. When comparing the accidents the ratio is 12 to 5 in favor of the fairer sex.
· Average number of miles driven per year — Yes, men simply drive more often and more miles. Although the number of drivers is about equal (up from 40% females), men still account for 59% of miles driven on the road.

Let’s dig even deeper at the men drivers vs. women drivers debate and look at some statistics.

Let’s dig even deeper at the men drivers vs. women drivers debate and look at some statistics.

· In 2012, 71% of all car accident-related deaths were men according to Insurance Institute for Highway Safety.
· In 2008, the number of drivers who died in a fatal car crash was 50% higher for men than women.
· Men are more likely to be under the influence of alcohol than women — 38% for males compared to just 20% for females.

Theories and stereotypes can’t compare to hard cold facts. And the facts all point to the fact that men are a greater risk behind the wheel then women.

As a result, it stands to reason that under many auto insurance policies, women get more of a break than men. Find out for yourself. Get a quick auto insurance quote today, and see how much you can save.

 

MYTH # 2: What You Do for a Living Has Nothing to Do With How Much You Pay for Car Insurance.

While it may seem like “big brother” is watching over you, the auto insurance industry makes an effort to know its client base so it can better assess its risks.

Therefore, they want to know quite a bit about you, including:
· Your driving history
· Your age
· Your gender
· Your driving habits

Plus, many car insurance providers are even taking a close look at your occupation and education. Yes, your education level as well as what you do for a living are factors that could determine just how much you pay for car insurance.

There are certain occupations that put you at a greater risk to drive a car, truck or SUV. As a result, you may be more likely to get into an accident and file a claim.

There are certain occupations that put you at a greater risk to drive a car, truck or SUV. As a result, you may be more likely to get into an accident and file a claim.

Some of those risks include:
· Greater stress levels
· Likelihood of overtime
· Lack of sleep
· Amount of time behind the wheel

So, what are these high-risk occupations? Well, the list varies from one insurance provider to another, but here are among the most common:
· Doctors
· Salespeople
· Lawyers
· Real estate agents
· Business owners and executives
· Architects

I bet you’re wanting to know the other side of the coin: The safest occupations. Jobs that tend to show statistically low risk of accidents among drivers in those professions are the following:
· Scientists
· Nurses and first responders
· Pilots
· Teachers
· Accountants
· Artists

You might be wondering WHY?

Well, these professions typically require someone who is detail-oriented and very stable. Therefore, they’re less likely to be involved in an accident.

If you’re not on the high-risk list, rest assured that your occupation should have little to no effect on your insurance risks and auto insurance premiums.

If so, feel free to check with us today to see if you are subject to a slightly lower premium based on your job field.

 

MYTH # 3: It Makes No Difference Where I Live. It’s All About How I Drive.

 

 

When we think of auto insurance, we typically ONLY think of accidents, tickets and our driving history. After all, if you’ve never been in an accident, had only had a couple of minor traffic citations and have a spotless driving history, you should be good… RIGHT?

If that describes you, then yes, your auto insurance premium should be among the lowest in an average field.

However, you can’t simply ignore the possibility of car theft. Yes, in the insurance world, car theft is even worse than an accident because the insurance company is on the hook for the ENTIRE vehicle replacement.

So, let’s take a closer look at some of today’s sobering car theft statistics.

First, where you live DOES matter. There are many cities where car theft is on the rise. Here are the top 10 cities for vehicle theft:
· #10 – Seattle, Washington
· #9 – San Jose, CA
· #8 – Spokane, Washington
· #7 – Fresno, CA
· #6 – Milwaukee, Wisconsin – This is the only metro area that’s NOT in the western half of the US
· #5 – Stockton, CA – Are you sensing a trend? Don’t move to California.
· #4 – Bakersfield, CA
· #3 – San Francisco, CA
· #2 – Modesto, California – Yes, this list features a bunch of cities from Cali.
· #1 – Albuquerque, New Mexico – Car thieves tend to take the stolen vehicles across the border to sell them

Of course, if you think you’re in the clear by living in Michigan, think again. Car theft has always been a problem throughout Michigan, especially in metro areas. In Detroit reported 8,500 auto thefts, which is 23 cars day.

Not only does it matter where you live… where you park is also a big concern. Think about it. Many vehicle thefts don’t occur in your driveway. They occur in parking lots, in parking garages and at your workplace.

If you tend to park your car in a zip code that’s known for auto theft, you might just find that your auto insurance quote goes up a bit.

But if you live in a suburban area with few car thefts… if you work in an office park with lots of security cameras and few (if any) vehicle break-ins… if you are always cautious of where you park your car, you may just enjoy a little break on your auto insurance.

Plus, if you have a car alarm, let your insurance provider know. Some providers offer a discount simply for deterring theft.

Most people think that only a few factors matter with their auto insurance policy. Their accident history, their vehicle, the number of citations they’ve accumulated and how well they tend to drive.

Conclusion
Now you know the FACTS. You know there are a few factors outside of your control:

– Your sex
– What you do for a living
– Where you live

These factors can either help or hurt you when getting a price quote for your car insurance.

Regardless of all the factors that go into car insurance quotes, we always strive to present the greatest possible coverage at the least possible price.

Find out for yourself: Get a free, no-obligation quote in just minutes — Yes, right now!  You’ll be surprised just how fast we respond.