Auto insurance is one of those things that people think they know all about. Many of the things that people think are true about auto insurance, however, are myths in disguise. To help you better understand what is true and what is false, JC Demo Insurance Group, serving Matthews, NC, has developed a list of misconceptions you need to know the truth behind. 

• Older drivers pay more in insurance. You may think that declining sight and poorer reaction times would result in higher insurance rated but the opposite is true. Older drivers are seen as more mature drivers to insurance companies so they end up paying less for their premiums. Younger drivers actually end up paying more. In fact, there are even some additional discounts for drivers over the age of 55.
• Red cars cost more to insure. While this is a common myth, it could not be further from the truth. The color of the car is never even taken into consideration. Instead, companies look at the age of the vehicle, the make, the model, and the body style. They also look at the driving history, age, and credit score of the driver. Since the color of the vehicle is not even taken into consideration, you should never limit yourself or stop yourself from purchasing a vehicle in the color that you want. 

Whether or not you already have an auto insurance policy, it is worth it to reach out to JC Demo Insurance Group, serving Matthews, NC. They can run you a quote for auto insurance that will meet your budget needs as well as the minimum required in the state. If you do have a policy, they can take a look at your current one to ensure there are no gaps in coverage.