{"id":5689,"date":"2024-09-22T11:50:17","date_gmt":"2024-09-22T17:50:17","guid":{"rendered":"https:\/\/www.avalueinsurance.com\/blog\/?p=5689"},"modified":"2024-09-22T11:50:18","modified_gmt":"2024-09-22T17:50:18","slug":"clearing-up-some-common-insurance-myths","status":"publish","type":"post","link":"https:\/\/www.avalueinsurance.com\/blog\/clearing-up-some-common-insurance-myths\/","title":{"rendered":"Clearing Up Some Common Insurance Myths"},"content":{"rendered":"\n

Fact or Fiction?<\/strong><\/h2>\n\n\n\n

Let\u2019s face it. Insurance can be a little confusing sometimes. With so many different types of policies, coverage options, and terms floating around, it\u2019s easy to see why some common myths have cropped up over the years. But how much of what you hear is actually true? It\u2019s time to clear things up with a fun game of Fact or Fiction<\/em>!<\/p>\n\n\n\n

Ready to test your insurance knowledge?<\/p>\n\n\n\n

1). Red cars cost more to insure.<\/strong><\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n


This is one of the oldest myths out there. The color of your car has absolutely nothing to do with your insurance rate. Insurance companies look at factors like the make, model, age, and safety features of your car, not its color. So go ahead \u2014 buy that red car without fear of higher premiums!<\/p>\n\n\n\n

2). My home insurance covers flooding.<\/strong><\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n


Standard homeowners insurance doesn\u2019t typically cover flood damage. For that, you\u2019d need a separate flood insurance policy. If you live in an area prone to flooding, it\u2019s a good idea to consider adding this extra coverage for peace of mind.<\/p>\n\n\n\n

3). Life insurance is only for older people.<\/strong><\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n


Life insurance isn\u2019t just for retirees or older individuals. In fact, getting life insurance while you\u2019re young and healthy can save you money in the long run. Premiums are generally lower when you\u2019re younger, so it\u2019s a smart move to lock in a good rate early on.<\/p>\n\n\n\n

4). Your home insurance covers everything inside your home.<\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n

Many people think their home insurance policy covers every single item under their roof, but it\u2019s not quite that simple. Most standard policies have limits on valuable items like jewelry, art, and electronics. If you\u2019ve got high-ticket items, you might need to add extra coverage (often called a rider) to ensure those valuables are protected.<\/p>\n\n\n\n

 <\/h3>\n\n\n\n

5). The minimum state-required auto insurance is all you need.<\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n

Sure, carrying the state minimum insurance will keep you legal, but it might not be enough to protect you in an accident. If you\u2019re at fault in a serious collision, the minimum coverage might not cover all the damage, leaving you responsible for the rest. It\u2019s always a good idea to talk to your agent and find out if you should consider more comprehensive coverage.<\/p>\n\n\n\n

6). If someone borrows my car and gets in an accident, their insurance covers it.<\/strong><\/h2>\n\n\n\n

Fiction!<\/strong><\/h3>\n\n\n\n

In most cases, insurance follows the car, not the driver. If someone else is driving your car and gets into an accident, your insurance is usually the one that will handle the claim. So, be careful who you lend your car to!<\/p>\n\n\n\n

 <\/h3>\n\n\n\n

7). Your insurance covers a UFO crash.<\/h2>\n\n\n\n

Fact! (Kind of)<\/strong><\/h3>\n\n\n\n

Okay, we know this sounds out there, but technically, if an unidentified flying object (UFO) crashes into your home, your standard homeowners insurance could cover the damages. Most policies cover \u201cfalling objects,\u201d which can include anything from a satellite to, well, a UFO. So, if ET decides to land on your roof, you might actually be covered!<\/p>\n\n\n\n

Don\u2019t Let Myths Get in the Way of Your Coverage!<\/strong><\/h2>\n\n\n\n

Whether you need help understanding what your current policies cover or want to explore new options, Avalue Insurance<\/strong> is here to guide you through it all. Contact us today for all your insurance needs, and we\u2019ll make sure you\u2019re fully covered \u2014 no matter what life (or UFOs) throw your way!<\/p>\n\n\n\n

Give us a call today at 303-773-3332, or request a call-back right here online!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fact or Fiction? Let\u2019s face it. Insurance can be a little confusing sometimes. With so many different types of policies, coverage options, and terms floating around, it\u2019s easy to see why some common myths have cropped up over the years. But how much of what you hear is actually true? It\u2019s time to clear things […]<\/p>\n","protected":false},"author":2,"featured_media":5690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/5689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=5689"}],"version-history":[{"count":1,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/5689\/revisions"}],"predecessor-version":[{"id":5691,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/5689\/revisions\/5691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/media\/5690"}],"wp:attachment":[{"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=5689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=5689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.avalueinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=5689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}