Most motorists have a strong feeling about getting alternative auto insurance quotes one way or another. People who know they can save hundreds of dollars by shopping for the best deals cannot stop checking for better rates at each renewal and switch if they need. Once you know how easy it is and potential savings you cannot let a carrier charge you an arm and leg for something you can buy from any of the other hundred companies.
However, nearly 80% of policyholders don’t compare quotations and keep renewing with the same provider for years, having no idea how expensive premiums are. These people refrain from searching for affordable coverage for several different reasons. Many of them believe that it is a confusing process to go through all that data and companies. And others think that it is a futile endeavor because they believe they cannot find cheaper policies for whatever reason.
Is Getting Automobile Insurance Quotes Intrusive?
Privacy concerns may seem to be legitimate but they can actually be groundless as well. It may be daunting to provide sensitive personal information to many agents and carriers. This would potentially open up identity fraud issues since giving them social security number along with other details may allow them to steal identity. Also, too many credit checks may affect score.
Wouldn’t you be relieved if you could get quotes without giving personal details and no credit checks? Then, you should be pleased to hear that most auto insurers don’t ask sensitive information like driver license or social security number to give accurate enough premium estimates.
They don’t actually need to carry out full-blown checks on you just to give you a price. Carrying out those checks cost them money and it is pointless if you give out thousands of quotes with marginal take up. They can and they would carry out all those checks (including credit check) once someone actually buys it. This is the accepted view by most.
You really don’t need to prepare much documentation or gather a lot of information just to check rates. You may want to take out the old schedule as a reference point. But you don’t need driver license or social security number with most providers. You may want to find a good comparison website and we hope you choose this one.
What Information Is Needed to Get Quotes for Vehicle Insurance
Most of them require a few personal details, experience, claims, tickets, the way the vehicle is used, credit score, location, other listed drivers and the vehicle so that premium estimates are accurate. It may seem like an exhaustive list but it doesn’t take long to complete a proposal form or purchase a policy. Let’s break them down below.
Your Contact Details: Usually most introductions start with name and perhaps giving contact details. It is the same here. They need the address to determine where the car is kept at night. They already know how risky every zip code is and how much to charge if you live in a high crime neighborhood.
Your Driving History: You need to answer how long have you had the license, have you had any accidents in the last three years and is there any traffic violation tickets on record. These don’t need much explanation as underwriters always consider how risky you are and adjust the premium accordingly.
Other Listed Drivers: You need to answer the same questions for every other driver in the household and you want to include on the policy. Usually, every licensed person in at the address must be included and you can include other drivers who don’t live with you.
Your Current Status: You may not think much of it but insurers care if you own home, married and have any medical condition. These things do affect rates along with age and gender. Job title is probably required too to check if you qualify for any special job related discounts.
Details of Your Vehicle: Usual questions are make, model, age, value, where it is parked at night, does it have salvaged title or has it ever been modified. You will also need to provide yearly mileage and how you use it. Is it only for social use or do you commute with it. They may ask the commute distance too.
Type of Coverage Required: You need to decide how much coverage you want because you need to tell if you are looking for a basic liability or full coverage and what extras you want included. You may want to check current schedule and make adjustments as you see fit.
Other Questions: They will probably want to know about the current company and renewal date. They like to know the competition and when they can have a shot at it.
Every little detail is important and can help you get cheaper car insurance rates. They may also increase prices but you need to provide accurate information to the best of your knowledge. Essentially the declarations become part of the policy contract. For even more exhaustive list of details required, please check our homepage. You can also check prices with carriers on our panel here.