If motorists are thinking of buying a new or used car, it is a very prudent thing to get a few auto insurance quotes to get a close enough idea as to how much premium they are likely to pay should they complete the purchase. Most companies will offer fairly reliable estimates even with the basic information like, make, model, engine size and plate number and if you have the Vehicle Identification Number you can even get a firm quote.
Motorists don’t have to own an automobile to get an insurance quote for it. It is probably a good idea to use a comparison website or go directly to providers to check likely premium costs, rather than contacting agents, who would be excited to complete a sale and maybe disappointed if they give you many quotes for several vehicles and you end up not buying any insurance policy or not using them at the end.
If people are considering buying one of the two or three different makers or models, knowing how much car insurance they need to pay for each choice will help in the decision making process. At least it will make sure they don’t end up with a too expensive to insure automobile. Furthermore, having the quotes already will make it easier to just go ahead and buy insurance for your new ride once you decide as most quotes are valid for around 30 days.
For comparison purposes, they should first decide about the level of insurance coverage they want and get at least 3 quotes for each alternative auto choice for the same coverage. Then, they can take the average, which makes it easier to compare premium costs.
This is extra important for new and young drivers. They are already considered high-risk and likely to pay nearly twice more for auto insurance in comparison to an experienced driver. So, it is extra important to choose a sensible automobile so that the risks aren’t increased further. Actually, they are usually advised to find a cheap to insure vehicle at least for the first couple of years. That is why they shouldn’t buy any vehicle before finding out how much insurance they need to pay.
Motorists can get auto insurance quotes without the Vehicle Identification Number (VIN). But the final price can change once they enter it and they will usually need to provide the VIN when they want to start a policy. Usually, most websites selling cars provide enough information to get a quote for vehicles people are considering buying.
Quotes without VIN would still be reliable when you are buying a new or nearly new used car from a reputable dealer. But motorists are advised not to heavily rely on those estimates when they are buying a used car from a private seller, especially if they cannot verify the history of the auto in question. Using the VIN, insurers can check if the automobile has ever been in a serious accident or had damages due to other perils like flood.
The solution is to get a firm insurance quote with the Vehicle Identification Number once you agree on buying an automobile but before paying for it or signing the purchase contract or any loan agreement. If the revised quote comes too high, you probably need to look into why it is. This way, you can confirm the rough estimate you got earlier and know the exact premium amount, leaving no room for a surprise.
If you have coverage already you can first talk to your current provider to add a new car onto existing insurance policy. Most standard policies provide insurance for a recently purchased automobile from several days up to a month depending on the company. So, if you are in the market for a new car, it makes sense to talk to the current insurer and find out if you would have automatic coverage for a short time. It is still best to know the likely premium costs before making the auto purchase, as discussed above.
In conclusion, looking around is fine but you want to know the insurance cost should you like an automobile enough to buy. The aim is to avoid making a mistake in this important stage, especially if you are new to this. One of the things that can get cheap rates for new drivers is to get a sensible automobile.
Otherwise things can get pretty difficult. Many people don’t realize some cars can cost a lot more to insure compared to others, even if they appear to be fairly similar. You can see the costs and stir away from expensive ones. It would be a shame to bring it home and realize that the premium costs a fortune.