Back to Articles

8 Auto Insurance Myths

Confused about auto insurance? You're not alone. Many myths and misconceptions swirl around this essential protection, leading to costly coverage gaps or overspending. At UHCU Insurance Services, we're committed to helping you make informed decisions about your car insurance. So, let's debunk some common myths and ensure you're getting the right coverage at the right price:

Myth 1: The color of your car affects your premium.
Nope! Your car's color doesn't affect your premium. Insurers care more about your driving record, car type, and safety features than the shade it comes in.

Myth 2: Older drivers pay more for insurance.
Actually, the opposite can be true! Many insurers offer discounts for experienced drivers, especially those who complete defensive driving courses. Retirees and those driving less may also qualify for lower rates.

Myth 3: Your credit score doesn't matter for insurance.
Think again! A good credit score can translate to lower insurance rates, as it indicates responsible financial management.

Myth 4: Basic insurance covers everything.
Not quite. Comprehensive and collision coverage are crucial for protecting your car from theft, vandalism, and other perils beyond accidents.

Myth 5: Minimum coverage is enough.
While it's legal, the minimum often isn't enough to cover significant accident costs. Consider higher liability limits to protect your assets.

Myth 6: Another driver's insurance covers them in your car.
Usually, the car owner's insurance is primary. Make sure you understand your policy and inform your insurer if others will drive your car regularly.

Myth 7: Soldiers pay more for insurance.
On the contrary, active military members and veterans often qualify for auto insurance discounts. Be sure to inquire and shop around for the best deals.

Myth 8: Personal insurance covers business use.
If you use your car for work, you need business insurance. Personal coverage won't protect you in these situations.

Remember, having the right auto insurance is crucial for financial protection and peace of mind. At UHCU Insurance Services, we offer competitive auto insurance rates and personalized guidance to help you choose the coverage that fits your needs and budget. Contact us today to learn more and get a quote!

Don't let auto insurance myths hold you back. Choose UHCU Insurance Services for the coverage you deserve.


UHCU Insurance Services, LLC is a Credit Union Service Organization. Business conducted with UHCU Insurance Services, LLC is separate and distinct from any business conducted with United Heritage Credit Union, its parent Credit Union. Insurance products offered by UHCU Insurance Services, LLC are not (i) deposits of United Heritage Credit Union, its parent Credit Union or its partner Alloy Insurance Partners, therefore are not protected by the NCUA and are not exclusive to Credit Union members and (ii) an obligation of or guaranteed by UHCU Insurance Services, LLC, its parent Credit Union or its partner and may be subject to risk. UHCU Insurance Services offers coverage for Texas residents only. Any insurance required as a condition of an extension of credit by United Heritage Credit Union need not be purchased from UHCU Insurance Services, LLC and may be purchased from an agent or insurance company of the member’s choice.

8 Auto Insurance Myths