Navigating the world of motor insurance can often be clouded by widespread myths and misconceptions. These misunderstandings may lead to poor decision-making, leaving vehicle owners exposed to unnecessary risk. As a trusted insurer, we believe in empowering our customers with accurate information. Below, we clarify some of the most common myths associated with car insurance.
Myth 1: Comprehensive Cover Protects Everything
While a comprehensive policy provides broad protection including theft, accident damage and third-party liability, it does not mean “all-inclusive.” Certain events such as wear and tear or damage due to negligence may be excluded. We encourage clients to carefully review their policy documents and consult with our advisors for clarity on inclusions and exclusions.
Myth 2: Insurance Only Matters After an Accident
Many assume insurance is only relevant post-accident. In reality, having active cover ensures that you receive immediate support, including emergency towing, emergency medical for accident related injuries and repair costs. Insurance is not just about compensation, it is about preparedness.
Myth 3: It Is Cheaper to Insure Older Cars
Many believe that older vehicles are always cheaper to insure, but this is not necessarily true. While the market value of an older car may be lower, other factors such as difficulty sourcing spare parts can increase the risk profile. Insurers consider such risks, which may affect premiums.
Myth 4: Making a Claim Automatically Increases Premiums
Each claim is evaluated individually. Not all claims automatically lead to higher premiums. Insurers often assess the nature of claims before making adjustments. Discuss your claim history with your insurer to understand its impact. We maintain a fair and transparent claims process, ensuring our clients are treated equitably.
Myth 5: The Color or Model of Your Car Affects Your Premium
It is a common misconception that the color or model of a vehicle directly impacts the cost of insurance. In reality, insurers base premium calculations on objective risk indicators such as the vehicle’s age, purpose of use (private or commercial) and value of the vehicle. Aesthetic choices such as color do not influence your premium or the level of cover provided.
In conclusion, understanding the facts about motor insurance is essential for making informed decisions that protect both you and your vehicle. Dispelling common myths helps ensure that you are adequately covered, fully aware of your policy benefits and confident in the support your insurer provides. At CIC Group, we are committed to transparency, customer education and delivering insurance solutions that meet your unique needs. For inquiries about motor insurance, reach out to us today through any of the following channels: email callc@Cic.co.ke , call 0703099120, Whatsapp 0703099000, visit any of our branches talk to our licensed agents countrywide.
