Motorists are generally responsible to have insurance on their
car, but the true cost of car insurance is far higher than what you will
find from an instant auto insurance quote. Obtaining an insurance quote
can be as easy as a phone call to various companies, an Internet
inquiry, or talking directly with your current insurance agent.
Personal Information Needed
Getting
your instant auto insurance quote requires answering questions
regarding your driving history. The agent will need to know the coverage
you want. He or she will also need some personal information for any
drivers who live in your household.
- All driver's names, driver's license number, birth date, sex, and marital status
- Driving history, for each person, including moving violations and accidents with date's
- Mileage each person drives
- Year of vehicle
- Cost of vehicle
- Vehicle identification number
- Special safety features
There are several
important decisions you need to make regarding auto insurance before
obtaining a quote. This includes the types of coverage you want, the
amount of coverage you need, and researching the requirements in your
state. The following gives you some basic information about obtaining an
instant auto insurance quote from any company.
- Liability
- Collision
- GAP
- Comprehensive
- Uninsured and Underinsured Motorist
Liability Auto Insurance Coverage
Each
state has their own laws and regulations as to the types and amounts of
coverage, which they require drivers to obtain. For most states, the
minimum coverage is liability. Liability only covers property damages or
personal injuries that are the drivers fault. Liability insurance does
not cover damages to your own vehicle if you are at fault and in most
cases to passengers in your auto.
Before you drive your auto off
the lot, it is important and usually mandatory, to have acceptable
liability insurance. In some states, it is illegal for anyone to drive
an auto without coverage, even if they have coverage on their own
vehicle. You can receive an instant auto insurance quote, pay the first
premium, and drive only from the time the liability coverage begins.
Collision Auto Insurance Coverage
Collision
is generally a requirement of your lender when you purchase auto
insurance, and this coverage names them as a lienholder. This means if
you have an accident that totals your vehicle, then they receive payment
first. This does not always cover the full price of your auto, even if
you just drove it off the lot. It is necessary for you to pay your
deductible before the insurance company releases their portion.
GAP Coverage
The
GAP coverage protects you from the difference between what you owe on
your vehicle and what the collision coverage will pay. This is
significant to stress when you obtain your auto insurance quote. GAP
coverage is definitely consequential when you purchase a new vehicle.
Otherwise, you can be responsible for thousands of dollars and have no
vehicle.
Comprehensive Auto Insurance Coverage
Many
lenders require you have comprehensive insurance. Comprehensive will
pay for theft or damage to your car from vandalism, flooding, fires, and
even striking a deer. For most people, this is a standard part of their
insurance coverage.
Auto Insurance Coverage for Uninsured and Underinsured Motorist
Unfortunately,
it is all too often that a driver does not have enough damage to cover
you, your family, or your passengers. In order to be fully covered it is
safest to obtain both types of insurance coverage. Sometimes the cost
of a lengthy hospital stay can easily extend beyond the coverage the
other person's insurance will pay.
There are many other options
for insurance coverage. Your agent can give their recommendations for
what coverage is optimal for you. An agent will need to ask questions to
help determine what company can give you the foremost coverage for the
least money. As you are discussing coverage, they will not discriminate
in on things like race, religion, occupation, or place of residence.
Thingsto Know about Auto Insurance
As
you can see auto insurance coverage is very intricate, so you obtain
what you need, while staying within your budget. Being a safe driver
does help reduce the cost of your insurance. It can take many years of
receiving a ticket or being in an accident before your costs begin
reducing. Safe drivers who have no tickets have the ability to obtain
the most coverage for the least amount of money.
If you have never
had insurance before or have been on someone else's insurance as long
as you have no tickets, accidents, or outstanding insurance claims
getting an instant auto insurance quote can be quite simple. However,
for those who fall into a higher risk, your insurance agent will be able
to recommend ways for you to save costs while having the best coverage.
If
you have left out a speeding ticket, your quote can be lower initially,
than if you remember to tell them that you received a ticket. The
problem can be that if you pay a lesser amount, you will be responsible
to pay the difference, but they can cancel the coverage.
Additionally,
the insurance company can cancel your insurance if they normally do not
insure other drivers who had the same problem. Furthermore, the
cancellation will make it difficult to get insurance from another
insurance company. The information you give does determine your premium,
and if the company will consider underwriting the coverage. Some
discounts can apply depending on where you park the vehicle, average
miles you drive, and any safety features.
Soliciting competitive
quotes is essential to receiving the best price possible. Each insurance
company has their own underwriting rules and rates. Spending time doing
the necessary research can save you hundreds of dollars. However, some
websites are set up to distribute your information to various insurance
companies so you might not receive the instant auto insurance quote you
are looking for at the time.
Read over some review of various
companies, especially those who give you very low quotes. Some seem like
a good choice initially, but have drastic increases when it comes time
for renewal. Some companies sell insurance directly to consumers, and
others sell through local agents. The more you know the better your
decision can be when you receive an instant auto insurance quote if you
have any questions, a qualified agent can help you right away.
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