What is car insurance coverage?

Definition and Examples of Car Insurance Quotes

Car insurance quotes are preliminary estimates of the premium you will pay for an insurance policy. They are preliminary estimates of the amount you will pay during the policy period.

How Car Insurance Quotes Work

When you request a quote from an agent or through an insurance company’s website, your initial risk as a driver is estimated along with any discounts you may qualify for. The equation depends on various factors including the insurance regulations in your state. For instance, in some states, insurance companies may take your credit history into account. In other states, insurance companies are not allowed to consider your credit history.

Frequently Asked Questions

How can I get a free car insurance quote?
Car insurance quotes are usually free, whether provided online, via phone, or in-person with an agent. Ask your friends and family for recommended insurance companies or agents who deliver good service at a reasonable price.

What information is required to get a car insurance quote?
You may be asked to provide information such as the year, make, and model of your car, its VIN, and whether you are financing, leasing, or owning the vehicle. You might also be asked to provide information about your car’s safety features and other personal details like your date of birth and driving history.

What is a prior quote discount?
A prior quote discount is offered only by some insurance companies in certain states. You may receive a prior quote discount when shopping for a new car insurance policy a certain number of days (like one to eight days) before your current policy expires. However, if you want a policy to start immediately, the prior quote discount may not be available.

Can I get a car insurance quote without owning a car?
If you do not own a car, you can obtain a quote for non-owner car insurance, which provides liability coverage for bodily injury and property damage. However, non-owner car insurance does not cover your own injuries. In the United States, liability insurance typically follows the car and driver. However, if you are paying someone to use their car – even if it’s insured – you will need to obtain your own coverage.

How can I find my past tickets or claims to include when getting a car insurance quote?
You can obtain your driving record from the state agency responsible for those records, such as the Department of Motor Vehicles. You can also see a complete history of your claims information by requesting a CLUE report (Comprehensive Loss Underwriting Exchange report) from LexisNexis.

Should I get a car insurance quote when shopping for a new car?
Before purchasing a new car, comparing insurance quotes may help you decide which car you want to buy. High-performance and luxury vehicles often come with higher insurance premiums, as do cars that cost more to repair. Cars that are frequently stolen – like the 2000 Honda Civic or the 2018 Toyota Corolla – may also cost more to insure than other vehicles.

Source: https://www.thebalancemoney.com/what-is-an-insurance-quote-527552