(adsbygoogle = window.adsbygoogle || []).push({});

We all like to think we?re pretty knowledgeable when it comes to our insurance policies. We know our deductible and we know if we have collision or comprehensive coverage.
We even know that certain, cartoon-come-to-life mascots represent our vehicular interests.
However, there is more to car insurance than the catch phrases and humorous commercials.
Here are five things you might not know about car insurance. Knowing them can save you a lot of money. Not knowing them can prove to be extremely costly.

1.       It?s the car that?s insured, not necessarily the person.
You?re a nice person. You also happen to own a pickup truck, let?s say a shiny new Ford F-150. Your best friend knows about your genial and generous nature. They also happen to be moving. Of course, your best friend asks to borrow your F-150 since their king-size water bed won?t fit in the comically small trunk of their FIAT 500. Being the nice person you are, you hand over the keys, show them where you keep the registration, and silently hope all goes well because you really, really like your truck.
The thing about people who drive FIAT 500s is they aren?t used to driving 244-inch long cars. So, your (formerly) best friend scrapes your truck along a brick wall, completely tearing up the entire passenger side. Initially, you?re happy that your friend has a really low deductible, collision, and comprehensive coverage on their car insurance.
But, that j...