How to Shop for Car Insurance

| April 5, 2019

article image
Saving money on your car insurance shouldn't be complicated. Unfortunately, if you don't have everything ready when you start getting a quote, it can be time consuming. Running around to grab this bit of info or that can be frustrating. When you're shopping for car insurance coverage, you need to have all the required info ready to go. That will get you to a price faster so you can start comparison-shopping. Here's all the information you'll need: Date of birth – You'll want to have the date of birth, or DOB, for all the drivers you'll want covered on your policy. Vehicle storage location - You need to provide what the physical address is where the car will be parked at. Where you live, the garage you park it in, etc. Driver's license information – Do you remember all those drivers you needed a date of birth for? Yup. You guessed it. You'll need to have their driver's license numbers too.  Driving records – You'll also need to know the driving record for all those you're looking to insure. Does your spouse have a lead foot and a few speeding tickets? Was someone you’re looking to cover on your policy in an at-fault accident last year? All that info goes into deciding what your car insurance policy cost is.

Spotlight

RCM&D

RCM&D is ranked among the top independent insurance advisory firms in the United States. Our specialized teams provide strategic solutions and consulting for risk management, insurance and employee benefits. Leveraging 130 years of experience and strong local, national and global reach, we partner with you to meet all of your business objectives.

OTHER ARTICLES

Why Do You Need Business Insurance Now?

Article | February 27, 2020

Every business has different dynamics. Thus, it becomes imperative that business owners have sufficient measures to safeguard against any unforeseen risk in the future. Regardless of your business size, there are always certain risks involved. Business insurance proves to be an extremely crucial tool to beat all the troubles which may accidentally arise at unwarranted any time. The business owners might end up paying a hefty amount of the losses.

Read More

How Will COVID-19 Affect Insurtech

Article | April 13, 2020

It is common knowledge that there is virtually no industry that has been immune to the effects of COVID-19. The global pandemic has caused massive shifts in individual and industrial behavior and will continue to do so in the months, if not years, to come. The P&C industry, like many others, is reeling from the effects of the virus. Amidst all these events, it is important to assess how the insurtech industry is going to be affected by COVID-19.

Read More

Does Your Firm Need Business Auto Coverage?

Article | February 21, 2020

Does your law firm have a business auto insurance policy? It should, if there are vehicles registered under your law firm’s name. The policy could also cover your firm when you or your employees use a personal or rented vehicle for firm errands, deliveries and other business purposes. In fact, business auto coverage could be your firm’s single most important asset in the event of an accident.

Read More

What is the Expense Ratio for an Insurance Company?

Article | February 24, 2020

Providing financial security to its consumers is the ultimate aim of an insurance company. However, sustaining its own capability to finance its customers becomes its priority. To measure the financial sustainability, insurance companies use various different methods and techniques. Among them, the Expense Ratio serves as the ideal measure providing clarity on the logistics. Signifying the efficiency of an insurance company and measuring its profitability, the expense ratio gives a clearer picture of the financial aspects of the company.

Read More

Spotlight

RCM&D

RCM&D is ranked among the top independent insurance advisory firms in the United States. Our specialized teams provide strategic solutions and consulting for risk management, insurance and employee benefits. Leveraging 130 years of experience and strong local, national and global reach, we partner with you to meet all of your business objectives.

Events