When it comes to purchasing auto insurance in Little Rock, many myths persist. Let’s take a closer look at some of the most common misconceptions—and why they’re not true.
Myth 1: Auto Insurance Is Always More Expensive for Men
Not necessarily. If two people of the same age live in the same area—one male, one female—their gender alone doesn’t determine who pays more. Insurance premiums are based on many factors, including:
- Garaging zip code
- Driving history
- Credit score
- Loss history
- Education level
- Type of vehicle
- And more
The best way to find out your premium? Get a quote. Talk to an independent agent who can compare multiple companies and coverage options side by side.
Myth 2: Older Cars Are Always Cheaper to Insure
Not true. While collision and comprehensive coverage costs generally decrease as a car’s value drops, older cars may cost more in other areas. For example, newer vehicles often have better safety features, which can lower personal injury protection (PIP) premiums. An old car without airbags may actually cost more to insure for certain coverages.
Myth 3: If Someone Borrows My Car, They Use Their Insurance
In most states, insurance follows the car, not the driver. This is called permissive use. If you let someone borrow your car, you’re also letting them use your insurance.
Important: If a household member regularly drives your car but isn’t listed on your policy, you could run into trouble during a claim. Be sure all frequent drivers are disclosed.
Myth 4: My Auto Policy Covers Me When Delivering Food or Rideshare Driving
Not automatically. If you deliver food or drive for companies like Uber or Lyft, you’ll likely need a rideshare endorsement or a separate commercial policy. Without the right coverage, you may not be protected during work-related driving.
Myth 5: My Friend Pays Less for Insurance—So I Must Be Overpaying
Every policy is unique. Insurance premiums depend on:
- Driving history
- Type of vehicle
- Zip code
- Usage
- Age
- Credit and claims history
Your friend might have a different risk profile or discounts that you don’t qualify for. The only way to know if you’re getting the best deal is to shop around.
Ready to Separate Fact from Fiction?
If you’re in Little Rock, AR, and want to know if you’re overpaying or missing out on better auto insurance options, we can help.
As an independent agency, G&G Independent Insurance compares quotes from 10+ companies in the time it takes to get one. Whether you’re new to auto insurance or want to revisit your current policy, we’ll guide you every step of the way.
Call us or get a free quote today—protect your car and your wallet with the right coverage.
