Auto Insurance FAQ

What Do I Need When Comparing Auto Insurance Quotes?

The most important things you need when you are comparing auto insurance quotes are the vehicle information (registration, VIN, make and model), the driver's information (birthdate, driver's license, driving record), and your insurance history information, even if you are looking to go with a new company. The reason it is important to have your insurance history handy is because if you can't prove to your insurance company that you aren't a new driver, you may get higher premiums, and an insurance history is used for these purposes.

What insurance is mandatory and what isn't?

In most cases additional coverage requirements vary from state to state, so check with your state department before you begin comparing auto insurance quotes. There is no point shopping around if you don't know exactly what you do and don't need. Liability coverage is mandatory in every state, but collision and comprehension coverage requirements vary. Not all states require comprehension coverage.

What is a deductible and how does that even work?

A deductible is an amount that is used in the event that you make a claim, and is the portion of the claim that you agree to pay yourself. In other words, if you get in an accident with damages of $1000, but have a $250 deductible, then you will have to cover the first $250 in damages, and the insurance company will pay the rest. In most cases, the higher your deductible, the lower your premiums as you lower your risk to your insurance company.

What are the biggest factors influencing the cost of my auto insurance quotes?

The biggest factors that will influence your auto insurance quotes will be what your vehicle is used for, what kind of area you live in, and what risks you as a driver present to the insurance company. The kind of car you drive will have an impact on your premiums, and cars with smaller engines tend to yield lower costs on auto insurance. If you have a poor driving record or live in an urban area with high crime, theft, and car collision history, these factors will also influence your auto insurance premiums as the insurance company will then consider you a higher risk to take on, and may charge you that.

How do I get discounts on car insurance?

Every auto insurance quote may have built in discounts depending on the type of information you entered (such as male or female). Every auto insurance company sets their discounts differently, so the best way to get discounts on auto insurance will be to compare auto insurance quotes and do a little shopping around. You will never know what types of policies and discounts are available unless you do some homework, so compare auto insurance quotes today and you could find out that you qualify for more discounts than you thought!