Car Wreck Insurance Myths to Beware Of

Now that winter is approaching, and snow is just around the corner, safe driving cannot be talked about and understood enough. But in addition to safe driving is the importance of accurate insurance awareness. Knowing what to expect from your car insurance policy is crucial, which is why it is strongly suggested to review your benefits before the start of each winter season. More importantly than knowing your automotive insurance benefits, is understanding them so to not fall victim to the common insurance myths out there.

Continue reading to learn about the most common motor vehicle insurance myths, and the truths behind them.

Louisville Junk Car Buyers
Louisville Junk Car Buyers 502-804-5605

Car Insurance Basics to Understand

Motor vehicle accidents are among the most common causes of death in this country. Practicing safe driving techniques is critical, but understanding your insurance policy can protect you and your family on the road as well.  More than accidents, drivers fall victim to false insurance myths, rumor mills, and word-of-mouth.

Most Common and Untrue Car Insurance Myths:

Credit Score Has Nothing to Do With Insurance Rates. Credit scores plays a major role in the amount of the total cost of your premium. That is because most car insurance companies use credit-based insurance scores to help determine risk. Not only does credit score influence insurance rates, it also can affect loan eligibility.

Red Cars Cost More to Insure. The color of your car has nothing to do with the cost of your insurance premium. The primary factors that insurance carriers tend to base rates on include the make and model of the vehicle, the vehicle’s age, the vehicle’s body type, the vehicle’s engine size, the driver’s driving record, the driver’s credit history, and the driver’s age. So go ahead and get that candy apple red two door you’ve been eyeing; it will not affect your total insurance payment.

New Cars Cost More to Insure. It is understandable that this myth has fooled consumers, since sometimes it is true; especially if your down payment is small. A new or expensive car may require more coverage, but the rates do not always increase simply because it is a new vehicle.

Rates Automatically Increase After a Filed Claim. Again, this myth is understandably confusing. Although sometimes car insurance rates will increase after a claim, it is not always the case. The primary factors looked at include the severity of the accident, the driver’s claim history, and the total cost of the claim.

Lapses in Coverage Do Not Affect Rates. Even if you are not driving, a lapse in insurance coverage will affect your car insurance rates when it comes time to start driving again. In fact, it can have a large financial impact on your total car insurance premium. So do not fall victim to this myth!

You Can Keep a Totaled Car and Claim Insurance Too. Car insurance companies do not allow claimants to keep their totaled car if they also accept the insurance payout. They must choose one or the other. In some cases, claimants are not allowed to keep their car at all, even if they forgo a payout.

How to Get Cash for Your Wrecked Car in Kentucky

Call GC’s Junk Cars at 502-804-5605 to sell a junk car in Louisville and its surrounding counties, today! We accept all make and model vehicles, regardless of age or condition! There is never a middleman, which means you walk away with more cash in your pocket. Furthermore, our Louisville junk car buyers offer free towing haul away! Request a free estimate for your junk car, today.

Louisville Junk Car Buyers 502-804-5605
Louisville Junk Car Buyers 502-804-5605

Signs That Suggest You Need to Replace Your Catalytic Converter

Your vehicle is an important asset. After all, if it weren’t, you probably wouldn’t have one. For this reason, it is important to keep your eyes peeled for any signs that suggest it needs some mechanical attention. Most parts and systems can be easily protected and replaced with little cost. But when it comes to the more complex and important systems in your vehicle, like the catalytic converter and engine, it is better to catch their needs early on, before the cost to repair them gets out of control.

Engines will show obvious signs, including indicator lamp warnings on the dashboard. But when it comes to catalytic converters, the signs are more subtle. Fortunately, with a little knowledge, you will know exactly what to look out for, and what to do when it happens.

Continue reading to learn the top signs that you need to replace your catalytic converter, and how to sell your old one for cash on the spot.

Louisville Junk Car Buyers
Sell Us Your Old Car Parts! 502-804-5605

What Does a Catalytic Converter Do?

Before you can learn to spot the signs of catalytic converter mechanical failure, it helps to learn how this vital auto part works in the first place. By understanding the basic operation of a catalytic converter, you will be naturally more in tune with any signs that might pop up.

A catalytic converter is an advanced exhaust emission control device used to reduce carbon monoxide (CO), volatile organic compounds (VOC’s), nitrogen oxides, and similar pollutants produced by automotive engines and fuel. Simply put, they are the automotive component responsible for transforming the harmful emissions into less harmful ones, before exiting the vehicle’s exhaust system.

Fun fact: Catalytic converters operate by using metal catalysts, generally consisting of one or more valuable metals, like platinum, rhodium, palladium, and even gold. This precious metal content is what makes catalytic converters so expensive, and so valuable.

Signs of a Failing Catalytic Converter:

Your Engine is Sluggish or Problematic – If your engine seems like it is not working like it used to, it could be due to a mechanical failure within the catalytic converter. In fact, decreased engine performance is often the very first sign to show up when a catalytic converter is having problems. Usually, the Check Engine Light illuminates on the dash. A blockage or crack within the exhaust system can cause the engine to have poor fuel efficiency, slow acceleration, or power issues.

Your Check Engine Light is On. As mentioned, one of the very first signs you will likely notice when your catalytic converter is malfunctioning is seeing the Check Engine Light, also known as a Malfunctioning Indicator Lamp (MIL). This light is programmed to come on when anything within your vehicle’s systems is affecting the engine’s performance. A common catalytic converter malfunction that causes the Check Engine Light to come on is when it is not catalyzing the exhaust gases correctly.

Your Car is Rattling When it Runs. Hearing rattling noises while the engine is running, whether moving or at an idle, is a common indication that something is going wrong with the exhaust system. More times than not, it is due to the catalytic converter corroding or coming apart.

What to Do With an Old Catalytic Converter in Louisville, Kentucky

Call GC’s Junk Cars at 502-804-5605 if you have a junk car or broken catalytic converter to sell in Louisville and its surrounding areas. Not only do we accept all vehicles, regardless of age, make, model, and condition, our Louisville Kentucky cash for cars company also payout the highest returns for junk vehicles in Kentucky. Just accept our offer and we will come pick up your junk car! Contact us today to request a free estimate!

Louisville Junk Car Buyers 502-804-5605
Louisville Junk Car Buyers 502-804-5605