Myth 7: Thieves prefer to steal new cars
- 29 percent think it’s true (42 percent women, 58 percent men).
- Tip: Older cars are more valued among thieves because the market for their parts is bigger. If you want to cover car theft, buy comprehensive coverage.
Myth 8: If my friend borrows my car and crashes it, their insurance will pay for damage
- 25 percent think it’s true (48 percent women, 52 percent men).
- Tip: Handing your car keys to a friend or relative is like handing them your insurance future. If they cause damage, the claim goes on your auto insurance policy and can affect your rates for years to come. And they probably won’t offer to chip in.
Myth 9: The Affordable Care Act (also called Obamacare) requires me to take the health insurance plan offered by my employer
- 19 percent think it’s true (41percent women, 59 percent men).
- Tip: The Affordable Care Act requires almost all Americans to buy a health plan but doesn’t say where you must get it. If you don’t have access to health insurance through work or a spouse’s employer, the open enrollment period for 2015 individual health insurance started Nov. 15.
Myth 10: Out-of-state speeding tickets can’t follow you home
- 13 percent think it’s true (34 percent women, 66 percent men).
- Tip: Those tickets can follow you and can affect your car insurance rates. This myth had the biggest disparity between men and women among the survey questions, with far more men believing they could get away with speeding in another state.
|Insurance myths||Percent who think it’s true||Who believes it most?|
|All these are false.||Overall||Women||Men|
|I should buy insurance coverage for my house based on its real estate market value.||52%||45%||55%|
|Red cars cost more to insure because they get pulled over for speeding more.||46%||52%||48%|
|If I cause a crash with extensive damages to others, my auto insurance company can cancel me immediately.||44%||50%||50%|
|Small cars are the cheapest to insure.||40%||42%||58%|
|The Affordable Care Act (also called Obamacare) allows health insurance companies to base rates on medical conditions such as high blood pressure, heart disease and cancer.||36%||42%||58%|
|Comprehensive auto insurance covers everything and anything.||32%||41%||59%|
|Thieves prefer to steal new cars.||29%||42%||58%|
|If my friend borrows my car and crashes it, their insurance will pay for damage.||25%||48%||52%|
|The Affordable Care Act (also called Obamacare) requires me to take the health insurance plan offered by my employer.||19%||41%||59%|
|Out-of-state speeding tickets can’t follow you home.||13%||34%||66%|
|Source: Insure.com, from a survey of 2,000 adults in September 2014.|
Insure.com commissioned an online-panel survey of 2,000 licensed drivers, half women and half men, with respondents representing all regions of the country according to Census population data. The survey was fielded in September 2014.
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