Myths and Truths About Insurance

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We hear a lot of funny things about the insurance industry when it comes to what is covered, how much things cost and who is covering what these days. It is hard to decipher what is fact and what is fiction unless you talk with someone who knows the business. Here are some of the more interesting things we have heard. Can you tell which things are true and which are myths?

  • Owning a red car will cause your auto insurance premium to be much higher than it would be if you owned a car of a different color.
  • During his Kiss days, Gene Simmons had his tongue insured for $1,000,000.
  • You can not buy life insurance once you reach a certain age.
  • I can’t get car insurance if I smoke.

The only true statement above is the one involving Gene Simmons and his extra long tongue which, yes, he did insure. However, the other statements are all false. Did you get the right answers?

Owning a red car will have no effect on your premium price whatsoever. Your carrier will need to know your car’s make, model, engine size, year, and body type but not the color. When it comes to life insurance, you can buy it at any age. If you would like to leave something behind for your loved ones, a life insurance policy can do that for you whether you are 30 or 80.

When it comes to smoking and your car insurance, no, your smoking habit will not affect your coverage. However, if you are also looking at a life insurance policy you may want to quit smoking if you want a much lower rate!

We know that insurance-speak can seem like a completely different language sometimes and that it might be hard to know what’s right or wrong when it comes to your policy. Just give us a call and we can help clarify any of those questionable things you might be unclear about.



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Personal Insurance

No matter where you are in life — just starting out or thinking about retirement — PTL Insurance Brokers can help you find the right insurance. From auto to motorcycle, home insurance to renters insurance, we’re here to help you protect yourself, your family, and your home from whatever happens next.

Business Insurance

Building a business takes time, patience, know-how, and the right tools. The right insurance coverage can mean the difference between coming back from disaster or not. At PTL Insurance Brokers, we’ll help you protect your California business, big or small. From general liability to workers compensation, we can help you cover your business from most risks.

Life & Health Insurance

Everyone needs life and health insurance, no matter how old or young you are. You might not want to think about the worst that can happen, and we understand the feeling but you need to protect yourself and your family. Work with PTL Insurance Brokers to purchase the right policies for where you’re at today. We’ll worry about the details, and you just worry about living a full and happy life in the California sun!