Are Online Insurance Quotes Accurate?

Question? Are online insurance quotes accurate?

Answer: Online insurance quotes are as accurate as the information you provide. There are several different reasons why inaccurate information is entered in an online car insurance quote.

Some people purposely provide inaccurate information either because they are trying to trick the system. This never works because motor vehicle reports and CLUE reports will be ran prior to purchase.

Some people simply forget about tickets and accidents that have occurred in the past. This too will be corrected prior to purchase and your online insurance quote will be adjusted accordingly.

Finally, some people simply don't understand the car insurance terminology and therefore answer questions incorrectly, selecting coverages that do not meet their needs. As a licensed insurance agent, I frequently saw people over insuring vehicles that weren't worth more than $1,000.

Remember, your insurance company will only pay you up to the value of your vehicle. So, if you carry full coverage on your car insurance and get into an accident that causes $10,000 in damages, your insurance company will only pay you up to $1,000 (the value of your vehicle) minus your deductible - usually $500.

In summary, online car insurance quotes are based on the information you enter. Be sure to be as accurate as possible. If you have any questions or see a rate that seems either really high or really low, please be sure to discuss the rate with a licensed insurance agent.