By P. Andersen, 10/28/14
Do you know your insurance facts? Can you pick out the insurance myths that seem to crop up time and time again? Here is a quiz that insure.com gave to 2000 respondents, and the results may surprise you. I put the 10 questions below for you to answer, and you can click the link at the bottom to see how you did. If that isn’t good enough, there is a gender breakdown! That’s right, among the 2000 respondents, women did substantially better on this quiz than men! Leave your ego at the door guys, or prove you ACTUALLY know what you THINK you know…
But what is the point? The point is that we all make decisions based on perceived facts. We don’t ask questions because we mistakenly think we know the answers, and because of that, we miss out on some important things in life. This is not just about insurance, it is about a world that we think we know, but that really is full of mystery.
But today, let’s focus on the insurance side of things. Decide if these 10 statements are facts or myths, then click the link and see how you did. Ready?
1: I should buy insurance coverage for my house based on its real estate market value.
2: Red cars cost more to insure because they get pulled over for speeding more.
3: If I cause a crash with extensive damages to others, my auto insurance company can cancel me immediately.
4: Small cars are the cheapest to insure.
5: The Affordable Care Act (also called Obamacare) allows health insurance companies to base rates on medical conditions such as high blood pressure, heart disease and cancer.
6: Comprehensive auto insurance covers everything and anything.
7: Thieves prefer to steal new cars.
8: If my friend borrows my car and crashes it, their insurance will pay for damage.
9: The Affordable Care Act (also called Obamacare) requires me to take the health insurance plan offered by my employer.
10: Out-of-state speeding tickets can’t follow you home.