Sometimes the biggest surprises in life are not found on the road; they are in the fine print of a car insurance policy. For drivers in Ohio, the real shock often comes when they realize how much they do not know about car insurance.
Whether someone has been driving for five years or fifty, the truth behind how car insurance actually works can leave even seasoned drivers wide-eyed.
Here are some shocking facts about car insurance that will make you say “wow”!
Fact: Credit Score Can Impact Rates
It might sound surprising, but your credit score can play a bigger role in your car insurance rate than you would expect. Even if you have never had an accident and drive safely every day, your credit history could still push your premiums higher.
Fact: Your Zip Code Drives Your Premium
Where you live is not just part of your address–it helps shape your car insurance rate! Whether you are in Hamler, Bryan, OH, Defiance, OH, Napoleon, OH, Toledo, Perrysburg, or beyond, your ZIP code could bump your rate up or down. Why? Insurers look at local data like accident frequency, theft reports, and even how crowded the roads are.
Fact: Comprehensive Does Not Mean Everything
It is easy to think that comprehensive insurance has you totally covered, but the truth is that comprehensive coverage does not mean all-inclusive. It generally covers things like theft, vandalism, and certain natural disasters, but it will not pay for blown transmissions, regular wear-and-tear, etc.
Fact: Gaps Happen Often
If your car is totaled early on, your insurance payout might fall short of what you still owe–and without gap insurance, that leftover bill is coming out of your pocket. It is not something anyone wants to deal with, but it is more common than you might think. That is why knowing how gap coverage works is a must!
At Frost Insurance we have decades of experience serving car insurance to Hamler, Bryan, OH, Defiance, OH, Napoleon, OH, Toledo, Perrysburg, and the surrounding areas. By keeping you informed, you can save money, protect investments, and avoid jaw-dropping moments down the road. Contact us today to learn more about car insurance and get a quote!
