Anyone who drives a car and is interested in saving money on his auto insurance has probably heard the advice to get an auto insurance quote before purchasing an insurance policy. If you are wondering what are auto insurance quotes and why should I go to the time and trouble of getting them from several different insurance vendors before choosing an auto insurance policy, know that obtaining auto insurance quotes is one of the best ways to compare the costs and benefits of dealing with one insurance company versus another. The auto insurance business is just like any other in that the companies offer different prices for different parts of an insurance policy and some offer package deals, discounts and other benefits that may provide a better deal for you.
Every major insurance company in America allows prospective as well as current customers to obtain a free auto insurance quote online using special forms provided on their respective websites. Inserting your zip code is the first step to enable the company to know what part of the country you live in. Then you need to have a bit of personal information ready, such as your name and address, the names of all individuals to be listed on the policy, and information about the make, model and current mileage of the vehicle you want insured. To obtain an accurate quote, you will also be required to make note of any recent insurance claims, driving violations or accidents you have been involved in within the past 3 to 5 years.
To further help an insurance company draw up an accurate quote, you will next be asked what type of coverage you are seeking. Most states require that you are covered by a minimum amount of bodily injury and property damage liability insurance in order to prove financial responsibility when driving. But you must select additional policy options, each offered for an additional premium, if you want more extensive coverage. This can include comprehensive coverage in the event your automobile is damaged by an event other than a car crash such as vandalism, natural disaster or theft, and collision insurance, which covers repair to your vehicle if it’s hit by another vehicle. Medical payments coverage is a smart option if you do not already have private healthcare insurance and underinsured/uninsured motorist coverage that protects you in the event the other driver in an accident has no or very limited insurance coverage. Personal injury protection (PIP) is yet another option covering out of pocket expenses for such things as lost wages. Roadside assistance coverage to handle towing costs when the car is disabled, rental reimbursement coverage to handle costs of a replacement vehicle while yours is being repaired, and specialized items such as Sound System Coverage can cover replacement or repair costs for specific expensive equipment in your vehicle.
Discounts for Lowering Costs
Make sure to find out whether you qualify for any number of discount programs offered by insurance companies that can help to lower the final insurance quote presented for your consideration. These include accident-free driving records, good grades for students, having safety and anti-theft devices installed on your vehicle, having multiple drivers in the same household listed on the policy, and membership in a union or trade/professional organization can entitle you to rate discounts.
Compare Rates and Benefits
It only takes a few minutes to input necessary information and receive an auto insurance quote. Print out the information provided and compare it to at least two or three other quotes and you can easily see which insurance company offers you the most benefits or those that suits your needs best at the most affordable cost.