Some people say this, the others say that. "Don't do that!" but the someone else says that's fine. It's kind of frustrating to understanding all the rule in car insurance, in addition there are tons buzz about car insurers. Make sure you read this.

My car's color affect my premium

The fact is insurance company do care about your car model and type, year, body, engine and how you take care your car. Well, they care about your driving behavior the most. It doesn't matter what color your car is, but if you are speeding and driving recklessly, the insurance company will likely give high premiums to you.

Car insurance will cover personal belonging in my car

Nope, car insurance will not cover your personal belonging in your car even though it's expensive. If you have laptop, phone or designer bag in your and being stolen, you need to file a claim to your homeowner's coverage not car insurance. Also, if you put your golf clubs in the trunk and the car's rear got hit, the car insurance will not pay the golf club damage.

Someone else borrow and drive my car, if there's accident it's not my fault

Well it's true, it's not your fault but car insurance company register your car. You, as the car owner, are responsible for the damages with or without involving third party. 

I have no-fault insurance, so it's not my fault

Although you have no-fault insurance, if the insurance company determine that you are the one who caused the accident, you still have to repair and pay other damage. However, no-fault insurance varies on each states.

Insurance company can terminate my policy any time

Not really unless you did something like fraud or did not do the payment for several months. Insurance company can not cancel a policy in the middle of a term.

My credit scores has nothing to do with insurance rates

Credit score is one of their consideration when they determine client's premiums. Credit score is an overall view how you manage your financial state. 

My car insurance including comprehensive and collision coverage automatically

It's not true. If you are leasing or financing your car, then you are required to purchase both or just one. If you think your car is covered when stolen, vandalized or damage from natural disaster while you only have basic car insurance, you are wrong. You need to purchase additional coverage such as comprehensive and collision coverage.