• Link to Facebook
  • Link to X
  • Link to Instagram
  • Link to LinkedIn
800 222 8711| Contact Us| Submit a Claim| Pay My Bill| Client Portal
Murphy Insurance
  • Get A Quote
    • Auto Insurance Quote
    • Homeowners Quote
    • Condominium Quote
    • Renters Insurance Quote
    • Umbrella Liability Quote
    • Boat Insurance Quote
    • Valuables Coverage Quote
    • Life Insurance Quote
    • Term Life Insurance Quote – Instant
    • Disability Insurance Quote
    • Long-Term Care Quote
    • Business Insurance Quote
    • Employee Benefits Quote
    • Other Insurance Quote
  • Personal
    • Overview
    • Auto Insurance
      • Overview
      • Auto Insurance Discounts
      • Auto Insurance Coverage Options
      • Auto Insurance Rating Factors
      • Change of Garaging
      • Registry Service
    • Motorcycle Insurance
    • Recreational Vehicle Insurance
    • Homeowners Insurance
      • Overview
      • Earthquake Insurance
      • Mobile Home Insurance
      • Homeowner’s Manual
    • Condominium Insurance
      • Condo Owner’s Manual
    • Renters Insurance
    • Personal Umbrella Insurance
    • Flood Insurance
    • Boat Insurance
    • Financial Insurance
    • Life Insurance
    • Term Life Insurance
    • Disability Insurance
    • Long-Term Care Insurance
    • Event & Specialized Insurance
      • Event Insurance
      • Wedding Insurance
  • Business
    • Overview
    • Commercial Property Insurance
      • Commercial Package Policy
      • Business Owner Policy
      • Business Interruption Insurance 
      • Ordinance or Law
    • Business Liability Insurance
    • Commercial Auto Insurance
    • Workers’ Compensation Insurance
    • Business Insurance Bonds
    • Employee Benefits
      • Group Health Insurance
      • Group Dental Insurance
      • Group Life, Disability & Long-Term Care Insurance
      • Voluntary Employee Benefits
    • Business Continuation Planning
    • Industry Specialties
      • Antique Dealer Insurance
      • Banking & Financial Institution Insurance
      • Contractor Insurance
      • Construction Insurance
      • Farm & Agriculture Insurance
      • Manufacturing Insurance
      • Restaurant Insurance
      • Religious Institution Insurance
      • Solar Contractor Insurance
      • Technology Business Insurance
    • Business Spotlight Series
  • Resources
    • Overview
    • Business Spotlight Series
    • Claims Center
    • Certificate of Insurance Request
    • Condominium Owner’s Manual
    • FAQs (Frequently Asked Questions)
    • Forms Center
    • Insurance Tips
    • Helpful Links
    • Homeowner’s Manual
    • Insurance Companies
    • Insurance Myths
    • Murphy Insurance 24 | Client Portal
    • Pay My Bill
  • Blog
  • About
    • Why Choose Us?
    • Locations
      • Bolton, MA Office
      • Groton, MA Office
      • Harvard, MA Office
      • Hudson, MA Office
      • Marlborough, MA Office
      • Medway, MA Office
    • Careers
      • Business Sales Executive
      • Business Acct Mgr (Harvard)
      • Business Acct Mgr (Hudson)
      • Financial Insurance Manager
    • Communities Served
    • Meet the Team
    • Our Values
    • We’re A Five Star Agency
    • Trusted Choice Agency
    • Donation and Sponsorship Requests
    • Customer Reviews
    • Share A Review Of Us
  • Contact
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu
  • Home Page
  • Contact Us
  • Locations
  • Get A Quote
  • Claims Center
  • Personal Insurance
  • Business Insurance
  • Certificate of Insurance Request
  • About Us
  • Careers
  • Blog
  • Resources
  • Pay My Bill
  • Forms Center
  • Murphy Insurance 24 | Client Portal
  • Auto Insurance
  • Homeowners Insurance
  • Renters Insurance
  • Share a Review

Insurance Myths

There are a variety of myths and misinterpretations about insurance. To help you separate fact from fiction, we compiled a list of insurance myths that we’ve heard frequently and provided brief explanations to help set the record straight.  Contact Us if you have any concerns about these myths. Also, if you’ve heard of any other potential ones, please let us know so we can share them here!

  • Auto Insurance Myths
  • Business Insurance Myths
  • General Insurance Myths
Insurance Myths
Click here to submit an inquiry to Murphy Insurance or call us at 800 222 8711

General Insurance Myths

All 32 /Insurance Myths 32
Flood

Flood Insurance is only essential if you live in a high-risk area | Insurance Myths

Car front

I have Health Insurance, so I don’t need medical coverage for my Car Insurance | Insurance Myths

Person driving

I only drive my car occasionally, so I don’t need higher limits | Insurance Myths

Person in wheel chair

If another driver causes an accident and I’m hurt, their Auto Insurance pays for my injuries | Insurance Myths

Car on road

Insurance is required to drive a car, so if someone hits me, there is coverage | Insurance Myths

Couch

Renters Insurance isn’t necessary if your stuff isn’t worth much | Insurance Myths

Foot cast

If I become disabled, Social Security will take care of me | Insurance Myths

Person using a walking stick

My employer provides me with Disability Insurance—I don’t need my own | Insurance Myths

Person pushing wheel chair

My Health Insurance will cover my long-term care needs | Insurance Myths

Family

Only the “Breadwinner” in the home needs Life Insurance | Insurance Myths

Family

My employer provides life insurance, so I don’t need my own policy to protect my family | Insurance Myths

Umbrella

Umbrella Insurance isn’t important for everyone | Insurance Myths

Papers

All insurance providers are the same—it doesn’t matter who you buy your insurance from | Insurance Myths

Money

Insurance should be bought and used for every accident or disaster | Insurance Myths

I’ve never had a car accident, so I don’t need automobile insurance | Insurance Myths

Flooded home

Home insurance covers all types of damage | Insurance Myths

Elderly couple

I only need life insurance if I have dependents | Insurance Myths

Aoartment

I don’t need renter’s insurance because my landlord’s policy covers my stuff | Insurance Myths

Smiling woman

You only need life insurance if you’re older | Insurance Myths

Checklist

You only need to update your insurance if you make a major life change | Insurance Myths

House with keys

Home insurance will cover every type of personal liability | Insurance Myths

Globe

Insurance coverage is the same no matter where you live | Insurance Myths

Car crash

If I’m not at fault in an accident, my insurance won’t be affected | Insurance Myths

Money

Insurance is too expensive for me | Insurance Myths

Signing papers

Once I have insurance, I don’t need to review it | Insurance Myths

Writing on paper

Insurance policies are always complicated and hard to understand | Insurance Myths

Check marks

Insurance companies are quick to deny claims | Insurance Myths

Arrows

A higher deductible will always lower my costs | Insurance Myths

Whiteboard

Insurance premiums are set in stone and can’t be changed | Insurance Myths

Handshake

Insurance policies are just a way for companies to make money | Insurance Myths

Insurance papers

I don’t need insurance if I don’t own a home or car | Insurance Myths

Employee Lawsuits and EPLI Protection

Umbrella Insurance isn’t important for small businesses | Insurance Myths

Auto Insurance Myths

All 9 /Auto Insurance Myths 9
Car rear

My car is old, so I don’t need to have higher insurance limits | Auto Insurance Myths

Person driving

If someone driving my car causes an accident, I won’t be held responsible | Auto Insurance Myths

Company Car

I drive a company car, so I don’t need my own Auto Insurance | Auto Insurance Myths

Cars

All car insurance is the same | Auto Insurance Myths

Driver

I use my car for on-the-job duties—because I’m not self-employed, my Auto Insurance policy covers me | Auto Insurance Myths

Flat tire

My auto insurance covers all types of damage | Auto Insurance Myths

Unlocking a car

My auto insurance policy covers all types of rental cars | Auto Insurance Myths

Driver

My personal auto insurance covers both my personal and business use of my car | Auto Insurance Myths

Receipt

My insurance will cover all costs after an accident | Auto Insurance Myths

Business Insurance Myths

All 8 /Business Insurance Myths 8
Company Car

I drive a company car, so I don’t need my own Auto Insurance | Auto Insurance Myths

Person using a wheel chair

My business partners and family can work things out if I become disabled | Insurance Myths

Tools

Commercial Auto policies cover equipment and tools left in a vehicle | Insurance Myths

Person working

I’m self-employed and don’t have employees—Workers’ Comp Coverage isn’t available | Insurance Myths

Person working

I’m self-employed and don’t have employees—I don’t need Workers’ Comp Coverage | Insurance Myths

Gavel

My business doesn’t make much money or have many assets—I won’t be sued | Insurance Myths

Driver

My personal auto insurance covers both my personal and business use of my car | Auto Insurance Myths

Employee Lawsuits and EPLI Protection

Umbrella Insurance isn’t important for small businesses | Insurance Myths

Click here to submit an inquiry to Murphy Insurance or call us at 800 222 8711

Other Resources

Resources

FAQs

FAQ Frequently Asked Questions

Helpful Links

Helpful Links

Resources

  • Overview
  • Business Spotlight Series
  • Certificate of Insurance Request
  • Claims Center
  • Client Portal
  • Condominium Owner’s Manual
  • FAQs (Frequently Asked Questions)
  • Forms Center
  • Helpful Links
  • Homeowner’s Manual
  • Insurance Companies
  • Insurance Myths
  • Insurance Tips
  • Pay My Bill

Search Our Site

Search Search

Contact Us

  • Contact Us
  • toll-free: 800 222 8711
  • Bolton, MA: 978 779 5566
  • Groton, MA: 978 448 3900
  • Harvard, MA: 978 772 0070
  • Hudson, MA: 978 568 8711
  • Marlborough, MA: 508 485 8211
  • Medway, MA: 508 422 9277
  • Opt-out preferences
  • Disclaimer

Communities

Murphy Insurance Agency provides insurance solutions across Massachusetts and New England. Where you live is not a barrier to our assisting you. We are proud to serve the communities where our customers live and work, including Acton, Ashland, Ayer, Bellingham, Berlin, Blackstone, Bolton, Boston, Boxborough, Boylston, Chelmsford, Clinton, Concord, Devens, Dunstable, Fitchburg, Foxborough, Framingham, Franklin, Groton, Harvard, Holliston, Hopedale, Hopkinton, Hudson, Lancaster, Leominster, Littleton, Lunenburg, Marlborough, Maynard, Medfield, Medway, Mendon, Milford, Millis, Millville, Natick, Norfolk, Northborough, Northbridge, Pepperell, Sherborn, Shirley, Shrewsbury, Southborough, Sterling, Stow, Sudbury, Townsend, Upton, Uxbridge, Wayland, Westborough, Westford, Weston, Whitinsville, Worcester, and last but not least, Wrentham.

About Us

  • Overview
  • Why Choose Us?
  • Locations
  • Careers
  • Communities Served
  • Meet Our Team
  • Our Values
  • Trusted Choice Agency
  • We’re A Five Star Agency
  • Customer Reviews
  • Share a Review of Us
  • Your Opinion Matters

Get A Quote

  • Quote Overview
  • Auto Insurance Quote
  • Homeowners Insurance Quote
  • Condominium Insurance Quote
  • Renters Insurance Quote
  • Umbrella Liability Quote
  • Valuables Coverage Quote
  • Boat Insurance Quote
  • Business Insurance Quote
  • Employee Benefits Quote
  • Life Insurance Quote
  • Term Life Insurance Quote – Instant
  • Disability Insurance Quote
  • Long-Term Care Insurance Quote
  • Other Insurance Quote

Resources

  • Overview
  • Business Spotlight Series
  • Certificate of Insurance Request
  • Claims Center
  • Client Portal
  • Condominium Owner’s Manual
  • FAQs (Frequently Asked Questions)
  • Forms Center
  • Helpful Links
  • Homeowner’s Manual
  • Insurance Companies
  • Insurance Myths
  • Insurance Tips
  • Pay My Bill

Personal Insurance

  • Overview
  • Auto Insurance
  • Motorcycle Insurance
  • Homeowners Insurance
  • Condominium Insurance
  • Renters Insurance
  • Flood Insurance
  • Personal Umbrella Insurance
  • Boat Insurance
  • Recreational Vehicle Insurance
  • Financial Insurance
  • Life Insurance
  • Term Life Insurance
  • Disability Insurance
  • Long-Term Care Insurance

Business Insurance

  • Overview
  • Business Continuation Planning
  • Business Insurance Bonds
  • Business Liability Insurance
  • Business Owner Policy
  • Business Spotlight Series
  • Commercial Auto Insurance
  • Commercial Package Policy
  • Commercial Property Insurance
  • Employee Benefits
  • Industry Specialties
  • Workers’ Compensation Insurance

Legal

  • Accessibility Statement
  • Privacy Policy
  • Terms and Conditions of Use
  • Site Map

Read Our Blog

See all our posts

Recent Posts

  • Should You Put Your Teen on Your Car Policy or Get Them Their Own? August 25, 2026
  • Cybersecurity Essentials | Password Management Best Practices August 20, 2026
  • Electrical Safety | Homeowner’s Manual Blog Series August 17, 2026
  • Your Guide to Fall Festivals in MetroWest Massachusetts and Beyond (2026) August 14, 2026
  • Home Inventory Made Simple | The 30-Minute Method That Helps Claims Go Faster August 13, 2026
  • The Time Is Now to Kick-start Open Enrollment Efforts August 10, 2026
  • Gaining Real-World Business Experience Through Assabet Valley’s Co-op Program August 6, 2026
  • Do College Students Need Renters Insurance? August 3, 2026
  • Certificates of Insurance: The Costly Mistakes Many Businesses Don’t Catch July 30, 2026
  • 5 Ways to Stay Cool Under Summer Pressure July 24, 2026
  • Safe Internet Browsing Practices July 21, 2026
  • Massachusetts Launches 2026 Low-Number License Plate Lottery With 237 Plates Up for Grabs July 15, 2026
  • Business Interruption Insurance: The Coverage That Keeps Your Business Alive When You Can’t Open Your Doors July 14, 2026
  • Outdoor Maintenance | Homeowner’s Manual Blog Series July 9, 2026
  • A Safer Start to Summer: Simple Habits for a Fun and Worry-Free Fourth of July July 1, 2026
© Copyright 2026 D. F. Murphy Insurance 50 Main Street Hudson, MA 01749 (800) 222-8711 | Website Designed by Elbow Grease Marketing
  • Link to Facebook
  • Link to X
  • Link to Instagram
  • Link to LinkedIn
Scroll to top Scroll to top Scroll to top
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}