🚗💡 Not all facts about car insurance are, well, factual. Here are three myths you’ve probably heard—and believed: 1. Red cars cost more to insure 🚫 False! Insurance rates depend on your driving history, not color. 2. Older drivers always get lower premiums ⚠️ Not exactly—age can be a factor, but so is driving record and claims history. 3. Your credit score doesn’t affect your insurance 💳 It does! In many states, insurers use credit-based scores to assess risk. Don’t let these myths steer you off course! Know the truth and drive smart. Get in touch today https://lnkd.in/g2AVr56 #CarInsuranceFacts #MythBusted #InsuranceTips #DriveSmart #FinancialWellness
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What affects your auto insurance rates? 🤔 Here's a quick breakdown! -Age: Young and older drivers may see higher premiums. -Driving History: Clean record = lower rates. Accidents and tickets? Not so much. -Vehicle Type: Luxury cars can cost more to insure, while safety features may help you save. -Location: Where you live matters. Urban areas often mean higher rates. -Credit Score: Yes, it plays a role! Better credit could mean better rates. -Mileage: The less you drive, the more you might save. -Coverage Choices: Higher coverage limits increase premiums, but are you willing to pay more out-of-pocket? Your auto insurance rate isn’t just a random number—it’s based on factors unique to you. Stay informed and make the best choices for your situation! #AutoInsurance #InsuranceTips #FairtrustInsurance
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Have you heard that owning a red car means higher insurance premiums? 🛑 Let's debunk this myth! The color of your car doesn't impact your insurance rates. Insurers consider factors like your driving history, vehicle make/model, and more: http://rb.gy/lfi946 #autoinsurance #carinsurance
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Have you heard that owning a red car means higher insurance premiums? 🛑 Let's debunk this myth! The color of your car doesn't impact your insurance rates. Insurers consider factors like your driving history, vehicle make/model, and more: http://rb.gy/lfi946 #autoinsurance #carinsurance
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Feeling the squeeze on your auto insurance premiums? Don't worry, we've got your back! Here are some ways to hit the brakes on those costs: ✅Be a squeaky-clean driver! A spotless record = major discounts! ✅Bundle up and save! Combining policies (like home and auto) often scores you $$ off. ✅Raise your deductible, and lower your premium! ⬆️ Just be sure you can cover the upfront cost if needed. ✅Unlock the discount vault! Safe driver, good student, low mileage... see what applies to you! ✅Safety first = savings too! ️ Cars with airbags, anti-theft systems, etc. can mean lower rates. Ready to save some serious cash? Get a free quote from Gray Rock Insurance and see how much better your rates could be! #toronto #torontobusiness #torontoontario #torontocity #etobicoke #etobicokeontario #etobicokelife #etobicokebusiness #lifeinsurance #insuranceagent #lifeinsurancematters #insuranceagents #commercialproperty #commercialinsurancebroker #commercialinsuranceagent #autoinsurance #autoinsuranceagent #autoinsurancepolicy #homeinsurancepolicy #homeinsurance #insurancequote #insuranceclaim #insuranceagency #ontarioinsurance #financialservices
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💡 Insurance Myth Buster 💡 🚫 Myth: "Red cars cost more to insure." ✅ Fact: The color of your car has no impact on your insurance rates. Insurers consider factors like the make, model, age of the car, driving record, and location when determining your premium. So, feel free to choose your favorite color without worrying about higher costs! Stay informed and make the best decisions for your coverage. #InsuranceMyths #MythBusted #PatrioticInsuranceGroup 🚗
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If you’re feeling the squeeze of rising car insurance costs, you're not alone. Recent data reveals a staggering 20% increase in premiums in 2023 alone, making it the largest surge since 1976. From higher-priced vehicles to escalating repair bills, learn more about why why your premiums are skyrocketing: https://bit.ly/3wYj8HI #CarInsurance
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A common misconception about purchasing insurance for used cars is that it is always cheaper to insure. The truth is that there are many factors that impact your rates such as its safety features, the car make and model, your postal code, your driving history, the type of coverage you want, and more. Your car’s age accounts for a small portion of your insurance premium. Depending on your car’s age and value, you may be able to save on your premium by foregoing comprehensive and collision coverages–that is if you can afford to pay for repairs upfront. Your PrimeService broker can let you know the coverage options available for your specific situation and compare prices. #PrimeServiceFacts #CarInsurance #AutoInsurance #InsuranceBroker
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Car insurance rates are determined by factors such as the make and model of the vehicle, its age, the driver's personal driving history, location, and other factors. So, whether your car is red, blue, or any other color, it won't affect your insurance rates! #autoinsurance
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In a market where costs are rising, it’s unsurprising to read reports that 49% of auto insurance customers are actively shopping for more affordable rates. Beyond getting basic cost relief, classic and collector car owners face the additional challenge of finding auto insurance protections that fit their unique needs and those of their rides. In recent months, however, many auto enthusiasts appear to be finding both significant savings and superior coverage by switching to classic and collector vehicle insurer OpenRoad. https://lnkd.in/gjUTmV5t
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Choosing the right car insurance can be tricky. Should you go for Comprehensive coverage or opt for Zero Depreciation? 🤔 With Comprehensive Insurance, you get protection from damages to your vehicle and third-party liabilities, but depreciation deductions can leave you with hefty repair bills. On the other hand, Zero Depreciation Insurance takes care of the full cost of repairs without factoring in wear and tear, meaning you save more when it comes to claims! 🚗💰 Why settle for less when you can get full value? DM us to know which plan suits your ride best! 🛠️🛡️ #CarInsurance #ZeroDepreciation #ComprehensiveCover #DriveSafe #InsuranceMatters #FullProtection #CarCare #AutoInsurance #NoHiddenCosts #InsuranceTips #ProtectYourRide #DMForDetails
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