Auto Insurance- Critical Information Insurance Companies Need
2009-11-02
There is a lot that goes into getting a new auto insurance policy. However, if you are just getting started you might not be sure of what to do or where to turn. By being informed and prepared you can make your process a little smoother than you might have expected. Here are five essential elements that insurance companies will need when giving you car insurance quotes:
Prior Insurance
Your previous insurance, unless you’ve become a new driver recently, will matter. Most companies will want 3-5 years of history of your auto insurance in order to start your new policy. The name of your insurance company, your agent, your policy number, and your renewal date is all critical information.
Drivers
How many people are being insured? How old are they? You will need driver’s license numbers, dates of accidents or violations (if any), and the social security number of every single driver that is being listed on the policy. Insurance companies will run an MVR (Motor Vehicle Report) before they insure you, so if you forget something they will find it.
Cars
How many cars are you insuring? The year, make and model of each car will be needed. Of course, if you are able to offer the VIN instead, you can get a much more accurate quote. You should include aftermarket accessories, additions to the car, or anything that might make it different than the way that it was manufactured.
Special Circumstances
Some insurance companies offer discounts for drivers who meet certain criteria. You need to make sure that you take the time to check out all of the discounts that are available and produce the necessary paperwork to qualify.
Other Insurance
If you have home or renter’s insurance somewhere else, you might want to check with that company, or ask the new company to quote both. In many cases, you can get a multi-policy discount by giving your business to one company for all of your insurance needs. Make sure that you inform them of your other insurance so that it can be used to save you money if at all possible.
These are important things that you will need to have on hand when getting auto insurance quotes from any company. By taking the time to prepare yourself, changing insurance companies or getting new insurance can be a much simpler task. InsuranceQuote.com is here to help you get the insurance that you need with less hassle.