Most Silver Spring, MD area vehicle owners carry an auto insurance policy. However, there are many myths out there about auto insurance that lead to drivers not being adequately covered. Renee Oliver Insurance Agency Inc experts have compiled the top myths about auto insurance. 

Auto Insurance Myths

1) I have insurance coverage for all vehicle uses under my auto policy. 

Being insured for all uses of your vehicle is a common myth about auto insurance. Policies may exclude specific uses, such as for business purposes. If you use your car for your business or work, check with your insurance agent to ensure you are adequately insured. 

2) Personal items in my car are covered under my auto policy. 

Most insurance policies do not automatically cover personal items you leave in your vehicle. For example, while a policy may cover the stereo equipment installed, if you leave your laptop or cell phone in your car and they are stolen, you will not be able to claim under your policy. 

3) I only need to carry the minimum insurance required. 

While the state does require drivers to carry a minimum amount of insurance; it is not wise to have only those limits. The minimum levels of insurance are relatively low and most likely would not provide adequate coverage in the event of a severe accident. 

4) I have rental car coverage under my insurance policy. 

Believing that rental car coverage is automatically covered under your policy can be a costly mistake. First, you must ask your insurance agent if you have coverage before renting a car. If you do not have the coverage, it can most likely be added to your policy. 

Reach Out To Us

If you want to learn more about auto insurance, contact a trusted advisor at Renee Oliver Insurance Agency Inc. today. We proudly serve the greater Silver Spring, MD area.