10 Interesting Facts About Car Insurance

You’d think something like car insurance couldn’t be “interesting”, but today we’d like to hopefully blow your mind, or at least keep you intrigued with some of these interesting and fun car insurance facts! Here are 10 facts to get you started, and hopefully broaden your overall knowledge on car insurance as well.

1. Did you know that the Toyota Sienna Minivan actually has one of the all-time lowest yearly premiums compared to all other cars?
2. How awesome is it that the Honda Fit EV will actually add FREE collision insurance to your entire lease period.
3. Did you know that the type of car you drive actually affects your premiums? If you didn’t already know, well now you do.
4. Also, getting a new car will increase those insurance premiums as well.
5. Fun Fact: Travelers Insurance actually wrote out the very first car insurance liability policy in 1897! Over 100 years of automobile insurance in the making.
6. The internet was an amazing turning point, but not only for the obvious, but also because it allowed premiums to go down dramatically due to the fact that people could compare quotes so easily.
7. Studies have shown that married drivers have much less accidents; hence why they get a special discount!
8. Imagine if we all had to pay the same flat fee for car insurance? Well, they used to!
9. Automobile insurance, as you may or may not know, is extremely customizable – especially for females! How great is that? It includes, but is not limited to the following: roadside assistance, stolen purse coverage, etc.
10. If you have good credit, then you’re in luck! Credit ratings can actually affect your premiums just as much as an accident would.