Top 10 Insurance Myths Explored

Insurance is more expensive for city dwellers than suburban drivers:

This one might be hard to believe considering city drivers usually don’t have to commute as much, or as far. Sadly, it’s true.

“With the exact same profile, a driver in an urban area will usually pay more for insurance than a driver in a suburban area,” said Thomas.

Due to the higher volume of vehicles sharing the road (bikes, buses, scooters), statistics show that city drivers are more likely to be involved in accidents. Additionally, some bigger cities are notorious for having high theft rates, another point of data which increases your insurance premiums.