Britons warned of car insurance myths

Wed, 15 Sep 2010

Car insurance customers have been urged not to let myths surrounding insurance policies drive them off the road.

Writing for the Independent, Simon Read observed that many Britons falsely believe that insurers automatically associate red vehicles with young and aggressive drivers.

There is, however, no real evidence to support that assertion, Mr Read noted.

"In fact, the AA says that there is no statistical evidence at all that a red car will increase your insurance premium," he explained.

"Insurers use a variety of factors to calculate the cost of cover," Mr Read added, "such as the make and model of the car and its age and engine size, as well as taking into account your driving record and location."

However, he insisted car insurance firms do not take into account the colour of the car.

Earlier this week, meanwhile, research conducted by confused.com revealed that self-anointed female-friendly firms can charge hundreds of pounds more than mainstream insurers.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page




Simplyhealth Dental Plan

Affordable cover from only £7.50 per month. Join now and get first month FREE

Health cover, life insurance and PMIProtect Your Health

Find Critical illness, Life and Private Medical Insurance PMI policies.

Save money on your mortgageSave on Your Mortgage

Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.