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Cheap Vehicle Quote, Correctly Shop for Online Vehicle Insurance

Posted on Sunday, Jul. 2nd 2017 6:29 AM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »

Correctly Shop for Online Vehicle Insurance without Personal Info.  Although the ability to obtain rate quotes from insurers without providing items such as social security and driver’s license numbers, consumers must be aware that there is information that is need to provide a quote and this is true whether shopping online or off. Without this data it would be almost impossible to calculate an estimated premium for coverage.

When a person ask a company or agent for a quotation they will usually need to provide their name, garaging address, date of birth, a description of driving history (tickets and accidents), a description of credit (poor, fair, good, or excellent) and the year, make and model of the vehicle(s) to be insured.

One must be aware that to correctly shop for coverage without providing personal information, any info provided must be as accurate as possible, especially when it comes to driving and credit history. Driving records are one of the most influential factors that will determine what a consumer will pay for coverage; when ask about tickets or accidents, motorists need to be as honest as possible to avoid future surcharges. If a consumer decides to purchase from a policy, the provider will run a Motor Vehicle Report (MVR) during the underwriting process and if any items appear that were not mentioned, a rate increase may be charged. The same applies to credit and once a policy is purchased, poor credit may adversely affect premiums.

According to Utah Insurance Department, the Far Credit Reporting Act (FCRA) allow insurers to look at credit information to rate drivers. If an individual describes their credit as “good” and it is “poor”, they may receive a surcharge. Due to respect for privacy, insurers provide quotes with minimal info required, but consumers should be as honest as possible to get an accurate rate quote.

 

Posted on Sunday, Jul. 2nd 2017 6:29 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »

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