New Car Owners Lack Insurance Knowledge
NU Online News Service, Jan. 14, 8:50 a.m. EST?A survey has found that although new car owners are very well-informed about various features of their vehicles, they are much less knowledgeable about one critical aspect of maintaining automobiles: insurance coverage.[@@]
The survey, by the Progressive group of insurance companies, found that nearly all drivers who recently bought new cars were familiar with many details of the vehicle. For example, 98 percent of those surveyed said they know their new car's transmission type, and 91 percent knew how many cylinders their car had. And at 99 percent, nearly all of the respondents surveyed said they knew how many airbags their new car had and where they were located.
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