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Classified in: Transportation, Business
Subject: SVY

The Average American Failed an Auto Insurance Literacy Quiz According to a ValuePenguin Survey


NEW YORK, Oct. 20, 2020 /PRNewswire/ -- Since all drivers have to have auto insurance, dealing with it becomes a mandatory part of one's life. While most people believe that they do understand how their coverage works, few actually know the specifics of what their auto insurance covers. 

ValuePenguin quizzed more than 1,000 respondents on the specifics of liability and comprehensive coverage, finding that ? in most cases ? the general population is misinformed about auto insurance.

Key findings:

View full report: Auto Insurance Literacy Report 

About ValuePenguin.com: ValuePenguin.com, part of LendingTree (NASDAQ: TREE), is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page, or follow us on Twitter @ValuePenguin.

Media Contact:
Nadia Gonzalez (Mrs.)
[email protected]

SOURCE ValuePenguin.com


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