How to get accurate auto insurance quotes
When you’re comparing auto quotes online, provide as much information as possible to get more accurate estimates.
I got some insurance quotes auto online, but when I submitted my information to the insurer, the price was very different. What can I do to get more accurate insurance auto quote ?
The more detailed information you provide up front, the more accurate the quotes on auto insurance will be. “An auto insurance quote is only as good as the information you put in”, says Des Toups, managing editor of Car insurance.
When you pursue an auto quote, the insurer will check your driving record, credit history and other information before finalizing the rate. Whether you’re working with a quote site or agent or dealing with the insurer directly, you should track down certain information ahead of time, says Toups, so there aren’t any surprises when the insurer pulls your record :
1. Driving record : a recent speeding ticket or moving violation, especially within the past three or five years, can make a big difference in your car insurance premiums, and the insurer is going to check your motor vehicle record before offering you its official rate. Check your files (canceled checks or payment receipts, for example) to find out how long ago you got a ticket. Most state departments of motor vehicles let you look up your motor vehicle record online.
2. Credit history : your credit score can make a big difference in your commercial auto insurance quotes. You don’t necessarily need to know your exact score when you apply for a quote auto insurance, but most sites ask whether it’s poor, fair, good or excellent, and they’ll check it out. If you don’t know your score, get a free one at credit karma, it’s not exactly the same as the one the insurer will see, but it will be close.
3. Claims history : the insurer will look up your claims history related to accidents with or damage to your vehicles. If you don’t remember your claims, you can find a list in your Clue report (the Comprehensive loss underwriting exchange is a database in which insurers share claims information with each other). It lists every claim and the amount paid out within the past seven years. Insurance companies usually rate you going back three years, says Toups, but some look back five or seven years. You can get a free copy of your Clue insurance report every 12 months to review.
4. Your car’s VIN : you’ll usually need to provide your car’s year, make, model and number of doors to get an online quick auto insurance quote. But you can provide even more detailed information by listing the 17 digit VIN, which spells out all of those details plus body style, transmission and engine.
Submitting the detailed information when shopping around for multiple auto insurance quotes not only helps you get accurate quotes, but it can also help you find the best deal. “A company may have a cheaper base rate but bigger surcharges for certain penalties and claims”, says Toups. One company may boost your rate much more than another because of accidents or tickets, for example. The difference is always hundreds, and very often thousands, of dollars, says Toups.
It’s a good idea to reshop your auto insurance whenever you have a major change in circumstances, if you move, get married or add a new car or driver (especially a teenage driver), for example. You should also shop around if you improve your credit significantly, if several years have passed since you had an accident or received a ticket for moving violations, or if your rate rises because of a major accident or Dui. The insurer that offered you the lowest rate in the past may no longer have the best best auto insurance quotes.