When it comes to car insurance, myths and misconceptions are as common as traffic jams during rush hour. It’s no surprise, really. Insurance is one of those things we all deal with but rarely get a behind-the-scenes look at. And that gap leaves plenty of room for stories, assumptions, and flat-out myths to take root.

But here’s the thing: some of those myths could cost you money or keep you from getting the coverage you need. Today, we’re clearing up some of the most persistent car insurance misconceptions so you can make smarter decisions and, honestly, stop stressing about things that don’t even matter (like the color of your car).

Myth 1: Red Cars Cost More to Insure

This one’s been around forever, and I get why it feels believable. Red cars look fast. They stand out, right? People assume insurance companies see a bright red car and immediately think, “This one’s going to be trouble.”

Here’s the truth, though: the color of your car has no impact on your insurance premiums. It’s simply not something insurers factor into their calculations. What they do care about are things like the make and model of your vehicle, the engine size, its safety features, and how likely it is to get stolen.

Picture this. Two people own the same car model, one in red and one in blue. Both cars will have the same insurance rate because the insurer doesn’t take the paint job into account. If your insurance is more expensive, it’s more likely because of your driving history, location, or the type of coverage you chose—not the flashy color you prefer.

Myth 2: Older Drivers Always Pay Less

This one has a kernel of truth, especially when compared to younger, less experienced drivers. Age and driving experience often correlate with lower premiums because insurers see older drivers as less risky. But this isn’t a hard-and-fast rule.

Once drivers hit a certain age, typically around 65 or 70, rates can start to creep back up. Sad, I know, but insurers consider older drivers to have slower reaction times or other age-related issues that could increase accident risk.

For example, if you’re 25, your rate is likely lower than when you were 18. But if you’re comparing a 35-year-old to someone who’s 75, the younger driver’s rate could be lower. If you’re worried about rising premiums as you age, check into discounts, like those for defensive driving courses tailored to senior drivers.

Myth 3: Comprehensive Insurance Covers Everything

With a name like “comprehensive,” it’s easy to think this coverage is an all-in-one option that protects against anything life throws at you. But don’t be fooled; comprehensive isn’t everything-proof.

Comprehensive car insurance typically covers damage from non-collision incidents. Things like natural disasters (hailstorms, for example), theft, vandalism, or a stray tree branch falling on your car? Comprehensive has your back. But it doesn’t cover injuries in an accident or damage caused by a collision—that’s where liability and collision coverage step in.

Think of it like this: comprehensive is your safety net for the unexpected—but only certain kinds of unexpected. Always read the fine print on your policy to see what’s included and what’s not. And if you aren’t sure, now’s a good time to ask your provider to walk you through it.

Myth 4: Full Coverage Means I Don’t Need to Worry About Anything

First, let’s clarify what most people mean by “full coverage.” Usually, this refers to a combination of liability, collision, and comprehensive insurance. While these offer broad protection, “full coverage” isn’t an official insurance term, and there’s no single policy that covers absolutely everything.

For instance, your full coverage policy may not include roadside assistance, rental car fees, or gap insurance (though you can usually add these as extras). It also likely won’t cover regular maintenance or tire replacements.

Here’s a tip I’ve learned from personal experience. If you hear the term “full coverage,” ask your provider exactly what’s included. Then compare that against your personal driving habits and budget. That way, you can avoid the shock of finding out your tire damage wasn’t covered after hitting a nasty pothole.

Myth 5: Your Car Insurance Follows You, Not the Vehicle

This is another one where the truth is a little more complicated than the myth. Generally, car insurance follows the vehicle, not the driver. That means if you lend your car to a friend and they get in an accident, your insurance would be the primary coverage, not theirs.

But it gets tricky when it comes to rental cars, personal policies, and exclusions. Rental car insurance, for example, might not extend the same protections as your regular policy. And some policies limit what’s covered if someone outside your household is driving.

The takeaway? Be careful about who you hand your keys to, and always double-check your policy before letting someone else get behind the wheel.

Myth 6: Cheaper Insurance Is Always the Best Option

I get it. When money’s tight, a lower premium looks like the obvious choice. But here’s the catch with bargain-basement insurance rates: you usually get what you pay for.

Cheaper policies might not offer sufficient coverage, leaving you with huge out-of-pocket expenses after an accident. For instance, if you opt for the state minimum requirements, you may not have enough liability coverage to pay for damages in a serious crash.

Instead of focusing solely on cost, think about the coverage you need to feel secure on the road. Sometimes paying a bit more upfront can save you thousands in the long run. And don’t forget to shop around! Comparing quotes can help you strike a balance between affordability and protection.

Myth 7: Insurance Rates Are Set in Stone

Here’s a frustrating myth that’s totally false. Your car insurance rates aren’t fixed forever. They can (and often do) change for a variety of reasons.

Maybe you’ve moved to an area with lower accident rates, added safety equipment to your car, or even improved your credit score (which some insurers use to set rates). All these factors could help lower your premium.

On the flip side, certain tickets or accidents can push your rates higher. This one hits a little close to home for me, as someone who once backed into a fence post and saw my premiums rise shortly afterward (lesson learned!).

The good news? You’re not stuck with your current rate. Regularly review your policy, ask about discounts, and don’t hesitate to switch insurers if you find a better deal.

Car insurance can be confusing, but it doesn’t have to be a guessing game. The next time someone tries to tell you their red car makes their premiums higher or that they’re completely covered no matter what, you’ll know the truth.