10 Insurance Myths (Men Are More Likely Than Women to Believe 8 of Them)

October 21, 2014

  • October 21, 2014 at 10:15 am
    Libby says:
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    That’s hilarious. No wonder most Republicans are men. They’ll believe anything.

    • October 22, 2014 at 1:42 pm
      dot hemath says:
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      Libby, that’s just dumb. So men who are Democrats also believe anything?

      • October 22, 2014 at 1:49 pm
        Libby says:
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        It was meant tongue-in-cheek. Righties just have NO sense of humor.

        • October 24, 2014 at 4:02 am
          GoldC says:
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          Not tongue-in-cheek; uneducated and Lib-ish.

        • October 26, 2014 at 6:53 pm
          InsuranceGeek says:
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          Labeling people should be left to the experts like the KKK. Few people are conservative in all things to the point of being subjected to the term “rightie.” I’m socially liberal but fiscally conservative. Trying to classify people is why Congress and much of Anerica is so screwed up.

        • October 27, 2014 at 7:01 pm
          Destro says:
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          That or you just have a really shitty one.

  • October 21, 2014 at 1:31 pm
    Mr. Obvious says:
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    Better title: “Why We Still Need Insurance Agents”

  • October 21, 2014 at 1:32 pm
    FFA says:
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    Now Now Libby, Not everything is about Politics. All this proves is that people need an agent to pass on the wealth of knowledge kicking around our heads.

    • October 21, 2014 at 3:52 pm
      Sargeant Major says:
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      Agent- Ha, and I am sure it is all Bush’s fault as well.

    • October 21, 2014 at 3:58 pm
      Libby says:
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      I thought it was to show how silly men are. My bad.

  • October 21, 2014 at 2:27 pm
    DarNovak says:
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    Myth #8 is a bad example. If my friend’s car is in the shop and he/she borrows my vehicle, my vehicle may be considered a ‘temporary substitute auto'(TSA) by his/her auto insurance carrier. This would make my vehicle eligible for collision coverage under my friend’s auto policy if he/she carries collision on their vehicle which is in the shop. This should have been provided in the explanation. The definition of TSA has been part of the PAP in NY for decades.

    • October 21, 2014 at 4:00 pm
      Libby says:
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      Temporary substitute only provides coverage for liability. In order to extend to physical damage, the car in question has to be a rental. I run into this alot because I insured several large car dealerships and their loaners are not covered under the customer’s policy except for liability.

      • October 26, 2014 at 7:02 pm
        InsuranceGeek says:
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        Insurance on the car is usually primary but 22-23 states have laws that change this depending on whether its liability coverage or physical damage and whether it’s a rental car, dealer loaner, etc. so it’s hard to generalize.

        • October 27, 2014 at 8:49 am
          Libby says:
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          No it’s not. The unendorsed PAP is the contract. I know of no state law that changes how the contract is applied. If you have a source you can provide to back up your statement, I’m all ears.

    • October 22, 2014 at 1:20 pm
      KY jw says:
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      I would think state law makes a difference. I know there’s a statute in KY that mandates the coverage transfer if the TSA is borrowed from the place doing the repair work.

      I think the only policy language for borrowed vehicles is liability, just as Libby said.

      • October 22, 2014 at 1:51 pm
        Libby says:
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        There could be state endorsements, for sure. I was strictly quoting the unendorsed ISO Personal Auto Policy form. TSA automatically has liability coverage, but physical damage only if it’s a rental.

        • October 26, 2014 at 7:06 pm
          InsuranceGeek says:
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          That’s not what the ISO policy says. Under physical damage, ANY nonowned auto you drive is covered on an excess basis, whether it’s a rental car, dealer test drive/loaner, or a neighbor’s car you borrowed. It does not distinguish rentals from other nonowned autos. But ISO has 22-23 state specific endorsements that change this in different ways.

          • October 27, 2014 at 8:54 am
            Libby says:
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            Coverage for a non-owned auto differs from coverage for a “Hired” auto, so yes there is a distinction.

            This is the language:

            “However, any insurance we provide with respect to a “non-owned auto” shall be excess over any other collectible source of recovery including, but not limited to:
            1. Any coverage provided by the owner of the “non-owned auto”
            2. Any other applicable physical damage insurance
            3. Any other source of recovery applicable to the loss”

            Owners coverage is primary. Not so for a hired auto.

          • October 27, 2014 at 1:09 pm
            Libby says:
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            I stand corrected. I was referring to the Commercial Auto policy when I mentioned a “hired” vehicle.

    • October 26, 2014 at 7:00 pm
      InsuranceGeek says:
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      The insure.com people know very little about insurance coverage. Despite what the article said, in most states comprehensive coverage is anything that’s not collision and not otherwise excluded.

      If you want a real myth try the one that says, if you have collision but not comprehensive coverage, you have no coverage if you hut a deer. That’s not true under the ISO standard and most other policies, though I’ve seen that from several sources including USA Today quoting an insurance commissioner. Insurance commissioners know less about policy coverages than the media.

      • October 27, 2014 at 3:22 pm
        Brian Kuehn says:
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        I was under the impression that contact with a bird or animal was by policy definition not a collision. Learn something new every day.

  • October 21, 2014 at 4:08 pm
    FFA says:
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    Policy on car is always primary.

    • October 21, 2014 at 4:24 pm
      Libby says:
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      Yes, but that carrier can subrogate. No collision coverage for a temporary substitute under the PAP, but there is collision coverage for a rental.

      For liability, car’s insurance is primary – driver’s PAP is excess.

      • October 26, 2014 at 7:09 pm
        InsuranceGeek says:
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        There is collision coverage for temporary substitutes on the ISO policy just like any other nonowned auto as long as your policy includes collision coverage on a declared auto. It’s excess over any other source of recovery on the nonowned auto.

  • October 21, 2014 at 4:10 pm
    FFA says:
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    In IL anyways…

  • October 22, 2014 at 9:01 am
    youngin' says:
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    “Comprehensive auto insurance covers everything and anything.”

    You would have to be completely stupid to ever answer a question worded this way with a “yes”.

  • October 22, 2014 at 11:23 am
    Milner says:
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    “Myth 2: Red cars cost more to insure because they get pulled over for speeding more.” Who wrote this question? It’s designed to mislead. Are they telling or asking if red cars get pulled over for speeding? If they do get pulled over for speeding more, they will often pay more.

    • October 22, 2014 at 11:39 am
      Libby says:
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      The survey was designed to make a statement and the responder is to say whether it’s true or false. So the statement is “Red cars cost more to insure because they get pulled over for speeding more.” Is that true or false? Of course it’s false.

      • October 22, 2014 at 12:58 pm
        youngin' says:
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        If red cars get pulled over for speeding more, and most insurers incorporate moving violations into their rating/tiering plans, then yes, they cost more to insure.

      • October 22, 2014 at 1:04 pm
        CL PM says:
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        I think the statement is probably true, but for other reasons. Red cars tend to be sporty or sports cars and those cars tend to be driven more aggressively. So, sporty cars that are driven fast where red is a very popular color, will cost more to insure. The color of the car is only coincidental to the other facts that drive the insurance cost.

        • October 22, 2014 at 3:15 pm
          InsGuy says:
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          CL you make alot of assumptions in your comment, kinda like the guys they polled with their questions.

          I have a red F-150 quad cab, so if I’m not an agressive driver – 2 of your assumptions are out the window from the get go.

          I also see in my commute, manay, many sporty cars driven by ppl 50+ @ 5 miles under the speed limit. As many of us learned over the years, most middle aged folks can’t afford those kinds of cars until later in life.

          • October 22, 2014 at 3:16 pm
            InsGuy says:
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            sorry – meant most middle-class folks, not middle-aged.

    • October 24, 2014 at 4:07 am
      GoldC says:
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      That depends on the driver’s record, not the car itself. Heck, the VIN – in an auto insurance rating program – doesn’t give a color result.

  • October 22, 2014 at 1:57 pm
    Libby says:
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    “Contrary to popular belief, drivers in red cars don’t get ticketed more often than their less-flashy comrades. Middle-aged males with a thing for foreign brands, on the other hand, had better watch out.”

    http://www.forbes.com/2010/10/13/cars-that-get-ticketed-most-police-speeding-lifestyle-vehicles-violations.html

  • October 22, 2014 at 4:35 pm
    Otto says:
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    Dear Libby. I hate to point out your liberal hypocrisy but, if this article was about women, you would be angry. It just fits the narrative which is all people like you are concerned with. As an insurance agent of 18 years, PEOPLE believe these things, not just MEN. I believe the article is based on ignorance and points out something that is ridiculous, and sexist.

    • October 23, 2014 at 8:50 am
      Libby says:
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      Oh for Heavens Sake! Lighten up people. It was a JOKE for crying out loud.

      • October 23, 2014 at 11:16 am
        Nancy says:
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        Yes, it was just a joke but it exposed your bigoted views.

        • October 23, 2014 at 12:22 pm
          Libby says:
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          Bigoted? No. True. Yes.

      • October 26, 2014 at 7:11 pm
        InsuranceGeek says:
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        Jokes are usually funny.

  • October 23, 2014 at 2:08 pm
    FFA says:
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    Here we go again… Someone makes a wise crack and it spins into something other then a joke….

    • October 23, 2014 at 2:43 pm
      Libby says:
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      Yup. Especially since I said it.

      • October 24, 2014 at 1:48 pm
        FFA says:
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        Its not limited to you. It happens to everyone.

        • October 24, 2014 at 1:55 pm
          Libby says:
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          So I shouldn’t feel picked on on IJ?

          • October 24, 2014 at 4:21 pm
            FFA says:
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            Ive only been truly offended one time and I have had my share of rips on. I got ripped on because I crossed up what school my friends kid is attending after the Black Hawks drafted him. I assumed he was heading to Miami FLA and reality was Miami Ohio. I didn’d even know there was a Miami Ohio. whom ever did the ripping just came out and called me a liar. That offended me.

          • October 24, 2014 at 4:33 pm
            Libby says:
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            Yeah, well, you know what names people on here call me. I’m not offended, but they definitely single me out for hate mail. I’m usually civil until someone attacks me and then the gloves are off.

            Because Agent, Private Major, Dave, Destro, Empo, draetish, and recently Wayne Smith have been so openly hostile towards me on a regular basis I don’t even try to be cordial with them now. So I guess I’ll continue to get slammed. Oh, well. I’m a big girl.

          • October 24, 2014 at 4:33 pm
            Libby says:
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            Oh. And Agent and Private Major call me a liar on a regular basis. I will have to say I take offense to that.

          • October 24, 2014 at 5:05 pm
            FFA says:
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            Politics are always a hot button topic. Obama Care makes things worse.

            I get more offended by football things. Even though I know Cutler is not an Elite QB, it does piss me off with people ripping on him. We will never know how good or bad Cutler is until we can actually protect him.

            Manning on the other hand is just fun to watch. Was very happy with the game last night. Manning results drove Rivers to the passing game of which two TDs went to Gates whom I had on my fantasy field. Note to self, play all receivers that go against Manning. They are gonna get plenty of action trying to stay even with Denver.

          • October 27, 2014 at 8:57 am
            Libby says:
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            The only reason I don’t like Cutler is because he abandoned Denver. But since we got Manning, all is forgiven!

          • October 27, 2014 at 12:59 pm
            FFA says:
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            We in Chicago seem to not like him for different reasons. It was Jays fault (according to sports talk)that Brady went off on us yesterday.

  • October 26, 2014 at 7:42 pm
    InsuranceGeek says:
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    “I’m usually civil until someone attacks me and then the gloves are off.”

    Using inflammatory terms like “righties” doesn’t help things and had no relevance to the conversation about insurance myths.

    • October 27, 2014 at 8:57 am
      Libby says:
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      Spoken like a true rightie.

  • October 27, 2014 at 12:25 pm
    knowall says:
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    I got preg in the car through “no fault” of my own – that should be covered

    • October 27, 2014 at 12:58 pm
      FFA says:
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      Knowall, are you in a no fault state?

      • October 27, 2014 at 1:12 pm
        knowall says:
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        right; customer had a good point but had to explain not covered lol

  • November 11, 2014 at 2:51 pm
    Jimbbo says:
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    Looks like all the men in the survey watch Fox News, which spews misinformation.



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