The recent article ‘Myth-busting Bid to Boost Electric Car Switch’ from Insurance News - insuranceNEWS.com.au, highlights key barriers to #ElectricVehicle adoption—cost concerns, range anxiety, and safety myths. Are EVs more affordable to run and just as safe as traditional cars? Yes, but addressing these challenges will require industry collaboration, consumer education, and more affordable models. With rising demand, services like Electric Vehicle Mechanical & Body Repair (#94190320) will be crucial in ensuring repair chains and mechanics are ready for the EV future. https://lnkd.in/gcVTmWew #LMI #RiskCoach #insurancenews #EVRevolution #SafetyFirst #RiskManagement
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More standard market insurance companies are offering this type of policy. There are differences in terms and services that are important to consider beyond price. Know what to ask about before you choose.
Classic Car Coverage. What makes yours a Classic?
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💡 Insurance Myth Buster 💡 🚫 Myth: "Red cars cost more to insure." ✅ Fact: The color of your car has no impact on your insurance rates. Insurers consider factors like the make, model, age of the car, driving record, and location when determining your premium. So, feel free to choose your favorite color without worrying about higher costs! Stay informed and make the best decisions for your coverage. #InsuranceMyths #MythBusted #PatrioticInsuranceGroup 🚗
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As the market shifts towards electric vehicles, it's crucial to understand how this affects insurance needs. From battery coverage to repair costs, let us help you navigate the ins and outs of EV insurance. Are you thinking about going electric? Let's ensure your coverage is as forward-thinking as your car! ⚡🚘 📍421 E Catawba St Belmont, NC 28012 ☎️ (704) 461-8944 #autoinsurance #goodneighbor #statefarm #belmont #belmontinsurance #northcarolina #northcarolinainsurance #youragentphilchampion #philchampioninsurance
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Looking to buy an electric vehicle (EV)? You'll be happy to know that many insurance carriers we work with offer credits on hybrid and electric vehicles. So, not only will you be doing your bit for the environment, but you can also save on insurance costs. Wondering if your auto insurance carrier offers this credit? Give Fred C. Church a call at 800-225-1865. We can look into this discount and many others that could put more green in your wallet. #electricvehicle #hybridvehicle #insurancecredits #carinsurance #insurancebroker #fredcchurchinsurance
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They charge your car insurance on the value you pay for it brand new. Put in a claim, and it is suddenly depreciated, yet they continue to charge you on the original price. They NEVER reduce your car insurance in proportion to the depreciation. #carinsurance #insurancepremium #automotive
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🚗💡 Not all facts about car insurance are, well, factual. Here are three myths you’ve probably heard—and believed: 1. Red cars cost more to insure 🚫 False! Insurance rates depend on your driving history, not color. 2. Older drivers always get lower premiums ⚠️ Not exactly—age can be a factor, but so is driving record and claims history. 3. Your credit score doesn’t affect your insurance 💳 It does! In many states, insurers use credit-based scores to assess risk. Don’t let these myths steer you off course! Know the truth and drive smart. Get in touch today https://lnkd.in/g2AVr56 #CarInsuranceFacts #MythBusted #InsuranceTips #DriveSmart #FinancialWellness
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Drive your business with the right insurance coverage. #CommercialAutoInsurance provides your business vehicles with customized coverage to protect you and all types of cars, trucks, sprinters, and business vehicles. Your vehicles drive your business. Get the right Commercial Auto protection today! #Commercial #Auto #DrivingAwareness #Protection #Navacord
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A common misconception about purchasing insurance for used cars is that it is always cheaper to insure. The truth is that there are many factors that impact your rates such as its safety features, the car make and model, your postal code, your driving history, the type of coverage you want, and more. Your car’s age accounts for a small portion of your insurance premium. Depending on your car’s age and value, you may be able to save on your premium by foregoing comprehensive and collision coverages–that is if you can afford to pay for repairs upfront. Your PrimeService broker can let you know the coverage options available for your specific situation and compare prices. #PrimeServiceFacts #CarInsurance #AutoInsurance #InsuranceBroker
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Red cars are often thought to have higher insurance rates, but color doesn’t affect your premium! Factors like your driving record, age and vehicle model are what really matter. Contact us at (251) 344-0427 to get a quote today. #AutoInsurance #InsuranceMyths #MillsapsInsurance
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