Car Insurance Quotes

Car Insurance Quotes

Car insurance is an arrangement in which you pay money to a company, and they pay money to you if you have an accident in your car or if your car is stolen.

A car insurance quote is an estimate of how much your car insurance may cost from your self-reported information. It’s based on the coverage you select and the information you provide during the initial car insurance quote process. Quotes vary across insurance companies, which is why it’s important to shop around, gather quotes from multiple insurers and compare them.

When researching the quote, ensure you understand what the quote includes, such as:

· Coverage: The amount of liability and other coverage are you buying

· Deductibles: Your portion of the payment when your vehicle is damaged

· Discounts: Which discounts are available

· Payments: Payments can be made in one lump sum or in monthly or quarterly installments, although these smaller payments may be accompanied by fees or other costs

· Optional coverages: In some states, insurers must offer you particular coverages but allow you to reject the coverage. Make sure you understand what’s optional and what isn’t in your state

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Information Needed For A Car Insurance Quote

Information you may be asked to provide will likely include:

·     Vehicle year, make, model, and VIN, and whether you finance, lease, or own the vehicle

·     Any safety systems in your car, such as airbags or specially installed after-market equipment

·     Household drivers’ (and potentially non-drivers) details, including their name, date of birth, gender, marital status, phone number, license number, and driving history

·     How much and types of coverage desired

Best Way To Get Car Insurance Quotes:

If you’re in the market for an auto insurance policy, there are three main ways to get a quote.

·     Online — Many car insurance companies offer the ability to get a free car insurance quote online. And third-party websites can help you shop around quickly by allowing you to compare multiple quotes from different companies.

·     Captive agent — If you prefer to speak with someone about your insurance needs, an agent can help. Captive agents represent one insurance company and can provide you with a quote from that company.

·     Independent agent — An independent agent can make shopping around for car insurance coverage easier. Independent agents represent multiple companies and can give you quotes from different insurers to help you find the coverage that best meets your needs.

 Information You Need to Get a Car Insurance Quote

The quote process varies by insurer, but many companies require you to submit personal information, such as your:

l Name

l Address

l Contact information

l Date of birth

l Record of accidents and tickets

l Driver’s license number

l  Gender

l  Marital status

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 In addition to personal information, you’ll need to provide detailed information about the car you want to insure, including its:

l  Make and model

l  Manufacturing year

l  Body type

l Coverage history

l Finance or lease information

l Parking location (carport, secure garage, street, etc.)

l Purchase date

l Registered owner

l Weekly mileage

l Vehicle identification number (VIN)

Car Insurance Quotes Requirements

Each state has its own car insurance laws and its own minimum coverage requirements.

But there are six main types of insurance that may appear on your quote, depending on where you live.

Liability insurance; There are two types of liability coverage — bodily injury and property damage.

Bodily Injury Liability helps protect you if you cause an accident and someone sues you for damage.

Property Damage Liability helps pay for damage you cause to other people’s property while driving your car. It includes damage to vehicles as well as other structures such as fences and lamp posts.

Uninsured motorist bodily injury; Uninsured motorist coverage helps pay for medical bills and damage to your vehicle if you are in an accident with an uninsured (or underinsured) driver and they are at fault.

It also provides protection if you are the victim of a hit-and-run or if you are a pedestrian and are hit by an uninsured or underinsured driver.

Personal Injury Protection; Personal injury protection, or PIP, is available in no-fault states, where drivers file claims with their own insurance company, regardless of the cause of the accident.  If you or your passengers are injured in an accident, personal injury protection will help cover medical expenses and lost wages.  If the accident is fatal, it can also cover funeral expenses.

Medical Payments Coverage:Medical payments insurance is a type of insurance  available in states that do not have a “no-fault” system. Like personal injury protection, it helps pay for medical expenses you or your passengers incur as a result of an accident, regardless of who is at fault.

Collision Insurance; Collision insurance helps cover damage to your vehicle if you hit another vehicle or a fixed object such as a fence, light pole or telephone pole. This is optional, but lenders often require it if you finance or lease your vehicle.

Comprehensive Insurance; Comprehensive coverage helps pay for damages caused by events other than collisions, such as theft, natural disasters, falling objects and contact with animals. Like collision coverage, it is optional, but your lender may require it if you finance or lease your car.

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